Economy

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  • Category : Economy
  • 32 vessels transit Suez Canal

    32 vessels transit Suez Canal

    Date: 2013-06-15 16:48:45 GMT - Egypt - Economy - SN:27 - ID:156777

    ISMAILIA, Egypt (MENA) - Thirty-two ships transited the Suez Canal on Saturday, carrying a total cargo of 1.994 million tons. The north-bound convoy included 12 ships, carrying 822,000 tons, while the south-bound convoy included 20 ships, ....

  • Nile water level drops 3 cm

    Nile water level drops 3 cm

    Date: 2013-06-15 15:37:50 GMT - Egypt - Economy - SN:13 - ID:156669

    CAIRO (MENA) - The Nile River water level dropped, recording 172.45 meters on Saturday, three centimeters less than Friday. According to a report presented to Irrigation and Water Resources Minister Mohamed Bahaeddin, water coming freshly to ....

  • Planning min., Italian amb. discuss bilateral cooperation

    Planning min., Italian amb. discuss bilateral cooperation

    Date: 2013-06-15 15:31:24 GMT - Egypt - Economy - SN:11 - ID:156655

    CAIRO (MENA) - Planning and International Cooperation Minister Amr Darrag met on Saturday with Italian Ambassador to Egypt Maurizio Massari to discuss ways of boosting bilateral cooperation in the various fields. The two sides also discussed ways ....

  • 120,000 people cut off from aid in South Sudan

    120,000 people cut off from aid in South Sudan

    Date: 2013-06-15 10:08:25 GMT - South Sudan - Economy - SN:3 - ID:156030

    An estimated 120,000 people have fled fighting in and around the main towns in Pibor County in South Sudan’s Jonglei state and are now hiding in unsafe and malaria-infested swamps without access to safe drinking water, food, or medical care, the ....

  • Oil minister receives report on implementation of smart card system

    Oil minister receives report on implementation of smart card system

    Date: 2013-06-14 14:01:16 GMT - Egypt - Economy - SN:11 - ID:155160

    Egypt/Petroleum Oil minister receives report on implementation of smart card system CAIRO, (MENA) - Minister of Oil Sharif Hadara received a report about the executive situation of the first phase of a smart card system at gas stations ....

  • Prime Minister reviews investment incentives

    Prime Minister reviews investment incentives

    Date: 2013-06-13 15:48:19 GMT - Egypt - Economy - SN:13 - ID:153857

    Prime Minister Hisham Qandil reviewed on Thursday investment incentives offered by the government to improve the investment climate in Egypt and to create an appropriate environment to encourage investment. This came during Qandil's meeting to ....

  • Bourse markedly up in midday trading

    Bourse markedly up in midday trading

    Date: 2013-06-13 15:44:59 GMT - Egypt - Economy - SN:11 - ID:153849

    Purchases by foreign investors pushed trading up at midday on Thursday causing a turnaround at Egypt's exchange that yesterday saw its worst day in two years when it plummeted 5.17 percent to lose 13.1 billion pounds. The intensive purchases ....

  • Egypt bourse loses 1.2bln pounds in morning trading

    Egypt bourse loses 1.2bln pounds in morning trading

    Date: 2013-06-13 14:04:58 GMT - Egypt - Economy - SN:10 - ID:153660

    Egypt-Bourse-Trading Egypt bourse loses 1.2bln pounds in morning trading CAIRO, (MENA) - The Egyptian Exchange receded in morning trading on Thursday, affected by selling operations by Egyptian investors during the week. The market ....

  • Cabinet to put out 1st investment zone lands to tender

    Cabinet to put out 1st investment zone lands to tender

    Date: 2013-06-12 14:10:01 GMT - Egypt - Economy - SN:25 - ID:151976

    CAIRO (MENA) - The cabinet under Prime Minister Hisham Qandil agreed on Wednesday to put out to tender some lands in the first investment zone located on Kilo 20 of the Cairo-Alexandria desert motorway. The lands will be sold for serious ....

  • Nile water level drops

    Nile water level drops

    Date: 2013-06-12 14:07:22 GMT - Egypt - Economy - SN:24 - ID:151971

    CAIRO (MENA) - The Nile River water level dropped, recording 172.50 meters on Wednesday, one centimeter less than Tuesday. Water released from the High Dam reached 260 million cubic meters. The released water is enough to meet the needs ....

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