Economy

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  • Qandil reviews work plan on mining project with ministerial group

    Qandil reviews work plan on mining project with ministerial group

    Date: 2013-05-29 11:33:12 GMT - Egypt - Economy - SN:7 - ID:130622

    Prime Minister Hisham Qandil reiterated Tuesday the importance of optimizing benefits of mineral resources in Egypt and opening new horizons for investment in minerals. Qandil made the remarks during his meeting with ministers of housing, ....

  • CBE governor leaves for Morocco to attend AfDB meetings

    CBE governor leaves for Morocco to attend AfDB meetings

    Date: 2013-05-29 11:32:15 GMT - Egypt - Economy - SN:6 - ID:130618

    Governor of the Central Bank of Egypt Hisham Ramez left Cairo on Wednesday for Morocco on a three-day visit during which he will participate in the annual meetings of the African Development Bank (AfDB). On Tuesday, Egyptian Planning and ....

  • ATO establishes fund to reduce poverty, unemployment in Egypt

    ATO establishes fund to reduce poverty, unemployment in Egypt

    Date: 2013-05-29 11:16:01 GMT - Kingdom of Saudi Arabia - Economy - SN:3 - ID:130589

    Arab Organization of Tourism (ATO) President Bandar bin Faheed Al Faheed said on Tuesday that the organization will establish a fund in Egypt to reduce poverty and unemployment rates. The fund would be established in cooperation with the ....

  • Investment minister, UAE envoy discuss means of boosting cooperation

    Investment minister, UAE envoy discuss means of boosting cooperation

    Date: 2013-05-28 14:19:28 GMT - Egypt - Economy - SN:20 - ID:129245

    Investment Minister Yehya Hamed held a meeting on Monday with UAE ambassador in Cairo Mohammed bin Nakheera to discuss means of boosting economic cooperation. During the meeting, the two officials tackled ways to stimulate Egyptian-Emirati ....

  • Nigeria, Egypt, three other countries account for 50% of total African external financial flows

    Nigeria, Egypt, three other countries account for 50% of total African external financial flows

    Date: 2013-05-28 14:11:03 GMT - Nigeria - Economy - SN:16 - ID:129215

    The African Development Bank has said that Nigeria, Egypt, Morocco, South Africa and Democratic Republic of Congo account for 50 percent of total external financial flows to Africa, The Punch newspaper of Tuesday reported. According to the ....

  • Agreement reached with finance ministry to reconsider bank provisions tax - CBE governor

    Agreement reached with finance ministry to reconsider bank provisions tax - CBE governor

    Date: 2013-05-28 10:00:44 GMT - Egypt - Economy - SN:4 - ID:128697

    Central Bank of Egypt (CBE) Governor Hesham Ramez said that he agreed with Finance Minister Fayyad Abdel-Moneim to reconsider the bank provisions tax. In statements following the economic ministerial group meeting Monday, Ramez said that ....

  • Egypt's new investment plan to be unveiled in June - minister

    Egypt's new investment plan to be unveiled in June - minister

    Date: 2013-05-27 14:06:31 GMT - Egypt - Economy - SN:14 - ID:127527

    Egypt's new investment plan will be announced in June, Minister of Investment Yehia Hamed said. Addressing the 40th Conference of the African Insurance Organization which opened here Monday, he said the plan will spell out all details about ....

  • Insurance companies ready to take part in Suez Canal development corridor, sukuk projects

    Insurance companies ready to take part in Suez Canal development corridor, sukuk projects

    Date: 2013-05-27 13:27:17 GMT - Egypt - Economy - SN:8 - ID:127452

    Head of the Insurance Federation of Egypt Abdel Raouf Qoteb expressed on Monday insurance companies' readiness to contribute to the Suez Canal Development Corridor and Sharia-compliant Sukuk projects either through direct investment participation or ....

  • New economic reform program aims at alleviating poor' sufferings - PM

    New economic reform program aims at alleviating poor' sufferings - PM

    Date: 2013-05-27 13:18:30 GMT - Egypt - Economy - SN:5 - ID:127429

    Egypt's premier stressed on Monday that the new economic reform program, drafted by the government, aims at alleviating poor people's sufferings and opening a new chapter with businesspeople. Hisham Qandil, while addressing the opening session ....

  • ECFC delegation to visit China on Sunday

    ECFC delegation to visit China on Sunday

    Date: 2013-05-27 12:59:23 GMT - Egypt - Economy - SN:2 - ID:127386

    A delegation from the Egyptian Council for Foreign Affairs (ECFA), led by Ambassador Mohamed Ibrahim Shaker, will start a visit to China on Sunday at an invitation of China Institute of Contemporary International Relations (CICIR). In ....

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