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Economy
- Service : English
- Category : Economy
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We need EGP 41 mil to enhance rail services: Transport min.
Date: 2014-11-22 14:31:37 GMT - Egypt - Economy - SN:49 - ID:1386085
Transport Minister Hani Dahi has said developing and enhancing rail services needs EGP 41 billion. "There are ongoing negotiations to buy 700 carriages to replace the old ones," he said in a press briefing on Saturday. "We are also studying ....
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Egypt, South Sudan sign agreement for management of water resources
Date: 2014-11-22 13:52:43 GMT - Egypt - Economy - SN:45 - ID:1385801
Egypt and Sudan signed on Saturday an agreement on cooperation in the technical field and development of water resources. Minister of Water Resources Dr Hossam Mohammad Al-Moghazi signed the agreement for the Egyptian side, while South Sudan ....
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Kenya mulls approving a set of incentives to bolster economic cooperation with Egypt
Date: 2014-11-22 10:40:52 GMT - Egypt - Economy - SN:33 - ID:1383945
Kenya government announced that 2015 will be a year of the Egyptian industry and will witness more economic cooperation with Egypt. This came at the first investment conference held in Nairobi and wrapped up on Thursday. Former Head of the ....
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Saudi-Egyptian Business Council discusses strategy of coming stage
Date: 2014-11-22 07:47:18 GMT - Egypt - Economy - SN:15 - ID:1382565
Saudi-Egyptian Business Council held Friday discussed the strategy of the coming stage. The council aims at supporting the Egyptian-Saudi investments via boosting means and mechanisms of mutual cooperation, Chairman of the council Essam Nas said ....
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Egypt bourse loses EGP 14bn over week, indexes show mixed performance
Date: 2014-11-21 08:54:16 GMT - Egypt - Economy - SN:2 - ID:1378137
The Egyptian Exchange (EGX) closed last week down with a loss of 14.4 billion pounds. The market capital reached 525 billion with a 2.7-percent decline, but indexes showed mixed performance. The main benchmark EGX 30 index was down 0.02 ....
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Bourse indexes up despite protest calls
Date: 2014-11-20 16:22:54 GMT - Egypt - Economy - SN:22 - ID:1375277
The Egyptian Exchange continued for the third running session to make profits, backed by purchases by local investment funds and institutions, shunning Islamist calls for anti-regime protests planned on November 28. The market capital hit EGP ....
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EGP 1.6bn allocated to implement sewerage projects in 139 villages -- Min.
Date: 2014-11-20 14:17:17 GMT - Egypt - Economy - SN:15 - ID:1374229
Local Development Minister Adel Labib said the ministry has allocated 1.6 billion pounds to implement sewerage projects in 139 villages. In a press release on Thursday, Labib said these projects comes within a plan that aims to develop these ....
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CBE governor awarded for best banking accomplishment in Arab world
Date: 2014-11-20 12:39:33 GMT - Lebanon - Economy - SN:13 - ID:1373253
The Union of Arab Banks honored on Thursday Governor of the Central Bank of Egypt Hisham Ramez for the best banking and financial accomplishment in the Arab world. He was granted the 2014 Leadership Visionary Award at the opening session of the ....
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52 ships transit Suez Canal
Date: 2014-11-19 16:37:45 GMT - Egypt - Economy - SN:58 - ID:1367657
Fifty-two ships crossed the Suez Canal on Wednesday, carrying a total cargo of 3.3 million tons. The south-bound convoy included 20 ships carrying 1.1 million tons, while the north-bound convoy included 32 ships carrying 2.2 million tons. ....
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Egypt's capabilities contributed to overcoming financial crisis - Min.
Date: 2014-11-19 13:30:33 GMT - Egypt - Economy - SN:57 - ID:1365929
Finance Minister Hany Qadry said on Wednesday that Egypt's economic capabilities contributed to overcoming the global financial crisis. The government needs to change its way of managing the national economy, the minister said. He added that a ....
