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Economy
- Service : English
- Category : Economy
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Ministry to consider private sector participation in establishing desalination plants in north-west coast
Date: 2013-08-12 14:44:15 GMT - Egypt - Economy - SN:44 - ID:238122
Housing, Utilities and Urban Development Minister Ibrahim Mahlab approved to allow the ministry consider the private sector's participation in establishing desalination plants, especially in the areas of the north-west coast. The remark ....
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Egypt ready to offer all possible help to Sudan to face heavy rain crisis
Date: 2013-08-12 14:41:59 GMT - Egypt - Economy - SN:43 - ID:238114
Egyptian Water Resources Minister Mohamed Abdel Motaleb gave directives on Monday to Egyptian irrigation department officials in Sudan to offer all possible technical and logistic help to their Sudanese brothers to help them face the problem of ....
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Supply ministry mulls distributing butane gas cylinders, subsidized bread using national IDs
Date: 2013-08-12 10:44:48 GMT - Egypt - Economy - SN:15 - ID:237691
The Supply and Internal Trade Ministry is discussing the possibility of distributing butane gas cylinders and subsidized bread using national IDs. In statements to MENA on Monday, head of the supervision and distribution sector Mahmoud ....
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Egypt bourse gains EGP 6 bln, main index up 4.48 percent in four sessions
Date: 2013-08-08 11:19:22 GMT - Egypt - Economy - SN:3 - ID:233789
Egypt's bourse gained about 6 billion pounds over the four sessions of the last week with its market value reaching about 364.4 billion pounds compared with 358.3 billion pounds last week. The main benchmark EGX 30 index was up by 4.48 percent ....
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Okasha appointed as CEO of National Bank of Egypt
Date: 2013-08-07 18:35:20 GMT - Egypt - Economy - SN:51 - ID:233215
Prime Minister Hazem el-Beblawy on Wednesday appointed Hisham Ahmed Okasha as the chairman of the National Bank of Egypt for one year. El-Beblawy also issued a decree to appoint Ibrahim Mahmoud as Okasha's deputy. ....
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CBE: Monthly inflation rises to 1.04 % in July
Date: 2013-08-07 18:04:22 GMT - Egypt - Economy - SN:46 - ID:233188
The Central Bank of Egypt (CBE) announced that monthly core inflation rate increased by 0.27 percent to reach 1.04 percent in July compared to 0.77 percent in June. Inflation surged to an annual 9.06 percent in July, said a statement by the ....
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Urgent package of measures to stimulate non-banking financial activities - EFSA new head
Date: 2013-08-07 18:02:36 GMT - Egypt - Economy - SN:45 - ID:233180
Newly-appointed head of the Egyptian Financial Supervisory Authority (EFSA) Sharif Sami said that the coming period will see a package of urgent measures to stimulate non-banking financial activities which includes insurance, real estate finance and ....
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Heads of Egypt bourse, financial supervisory body named
Date: 2013-08-07 17:02:00 GMT - Egypt - Economy - SN:29 - ID:233082
Prime Minister Hazem el-Beblawy appointed on Wednesday Sherif Sami as the head of the Egyptian Financial Supervisory Authority (EFSA). Also, Beblawy named Mohamed Omran as the head of the Egyptian Exchange. Sami and Omran will hold their ....
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Egypt bourse gains EGP 14.5 bln, main index up 6 percent during Ramadan
Date: 2013-08-07 16:55:52 GMT - Egypt - Economy - SN:26 - ID:233076
Egypt's bourse gained about 14.5 billion pounds during the holy fasting month of Ramadan, to hit about 14.5 billion pounds, with its market value reaching about 366.6 billion pounds compared with 352.1 billion pounds last month. Today's ....
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Nile water level rises
Date: 2013-08-07 16:54:39 GMT - Egypt - Economy - SN:25 - ID:233073
The Nile River water level was up, recording 171.98 meters on Wednesday, eight centimeters more than Tuesday. According to a report presented to the Ministry of Irrigation and Water Resources, water released from the High Dam reached 235 ....
