Economy

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  • Egypt participates in AFCAC session

    Egypt participates in AFCAC session

    Date: 2013-04-03 13:56:35 GMT - Egypt - Economy - SN:15 - ID:47097

    A Civil Aviation Ministry delegation left Cairo Wednesday to participate in the 23rd Plenary Session of the African Civil Aviation Commission (AFCAC) which opened in the Ghanian capital, Accra, on Tuesday.   In pre-departure statements, ....

  • Sawiris' family has nothing to do with Cypriot firm's bid

    Sawiris' family has nothing to do with Cypriot firm's bid

    Date: 2013-04-02 13:44:43 GMT - Egypt - Economy - SN:21 - ID:45398

    Orascom Telecom Holding (OTH) said that Naguib Sawiris' family has nothing to do with the bid from a Cyprus-based company owned by Altimo for all of Orascom Telecom's 5.245 billion shares.       In a statement, a copy of ....

  • 1st Cairo-Tehran flight takes off

    1st Cairo-Tehran flight takes off

    Date: 2013-03-30 13:58:08 GMT - Egypt - Economy - SN:13 - ID:40878

    The first direct flight between Cairo and Tehran in 34 years took off this morning from Cairo International Airport.    The flight was operated by Air Memphis, a private charter airline owned by MP Rami Lakah.    The flight ....

  • Egypt's ornamental flowers exports hit EGP 350mn

    Egypt's ornamental flowers exports hit EGP 350mn

    Date: 2013-03-30 13:36:47 GMT - Egypt - Economy - SN:11 - ID:40848

    Egypt's ornamental plants exports have reached EGP 350 million, said Agriculture Minister Salah Abdel-Momen.    The ministry is currently considering setting up a stock exchange for flowers, Abdel-Momen said while inaugurating the 80th ....

  • Telecom Egypt: Internet service to return gradually

    Telecom Egypt: Internet service to return gradually

    Date: 2013-03-27 13:45:14 GMT - Egypt - Economy - SN:11 - ID:37005

    A well-placed source at Telecom Egypt (TE) Company said that the repair of the damaged internet cable was in progress and the company would bring back the internet service gradually on Wednesday.    In statements to MENA, the source said ....

  • Finance ministry allocates 6.3m EGP for funding pension bonus for journalists

    Finance ministry allocates 6.3m EGP for funding pension bonus for journalists

    Date: 2013-03-27 13:38:43 GMT - Egypt - Economy - SN:10 - ID:36994

    Finance Minister Dr. el-Morsi Hegazi said that the ministry has allocated 35 million EGP in the new budget to fund the raise in the monthly bonus offered to press institutions staff and increase pensions.   The raise will be effective in ....

  • Technical failure delays two Cairo airport flights

    Technical failure delays two Cairo airport flights

    Date: 2013-03-27 11:39:57 GMT - Egypt - Economy - SN:5 - ID:36726

    Two flights at Cairo Airport were delayed on Wednesday due to technical failure.     An Egyptian flight heading for Khartoum returned to the airport minutes after taking off due to technical glitch.     Failing to fix ....

  • 62,000 tons of wheat arrive at Alexandria harbor

    62,000 tons of wheat arrive at Alexandria harbor

    Date: 2013-03-21 12:07:38 GMT - Egypt - Economy - SN:3 - ID:27313

    A Greek ship coming from the United States arrived at Alexandria Port on Thursday, carrying 62,000 tons of wheat.    The wheat shipment was unloaded into the port's silos in preparation for necessary tests to see whether or not it is fit ....

  • 0.5 tons of gold arrive at Cairo Airport

    0.5 tons of gold arrive at Cairo Airport

    Date: 2013-03-20 12:24:34 GMT - Egypt - Economy - SN:9 - ID:25552

    A gold shipment weighing 569.890 kilograms arrived at the Cairo Airport's Cargo Village from the Sukari gold mine in Marsa Alam, run by the Centamin Company, on Wednesday.    The gold is being transported abroad to be purified and sold ....

  • Egyptian president discusses investment potentials with delegation of Tata Group

    Egyptian president discusses investment potentials with delegation of Tata Group

    Date: 2013-03-20 10:17:51 GMT - India - Economy - SN:2 - ID:25272

    Egyptian President Mohammad Morsi on Wednesday received at his residence here a delegation of the board of Tata Group, an Indian multinational conglomerate operating in the fields of power generation from new and renwable resourcs, information ....

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