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Economy
- Service : English
- Category : Economy
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Minister: EBRD to approve Egypt as operations' state
Date: 2014-11-05 16:30:33 GMT - Egypt - Economy - SN:66 - ID:1273201
The board of directors of the European Bank for Reconstruction and Development (EBRD) is expected to approve Egypt during the coming year as fully operations' state due to its growing investments in Egypt, Egypt's International Cooperation Minister ....
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Transforming processed waste water into economic project "strategic goal" – Governor
Date: 2014-11-05 15:45:14 GMT - Egypt - Economy - SN:62 - ID:1272849
New Valley Governor Mahmoud Ashmawy said on Wednesday that transforming the processed waste water into an economic project is a strategic goal meant to serve sustainable environmental development. In press statements to MENA, the governor said ....
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EGX index down 0.36%
Date: 2014-11-05 14:03:31 GMT - Egypt - Economy - SN:59 - ID:1271901
The Egyptian Exchange indexes recorded slight losses at the close of Wednesday’s trading session. The market capital reached EGP 514.8 after transactions worth EGP 913 million. The EGX 30 benchmark index was down 0.36 percent to close at 9,496 ....
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58 ships transit Suez Canal
Date: 2014-11-05 11:36:10 GMT - Egypt - Economy - SN:44 - ID:1270313
Fifty-eight ships crossed the Suez Canal on Wednesday, carrying a total cargo of about 2.9 million tons. The south-bound convoy included 19 ships carrying 796,663 tons, while the north-bound convoy included 39 ships carrying 2.199 million tons. ....
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US$ 30 million credit line to NBE to finance SMEs in Egypt
Date: 2014-11-04 17:36:58 GMT - United Kingdom - Economy - SN:50 - ID:1265177
The European Bank for Reconstruction and Development (EBRD) is to support the development of small businesses in Egypt with a US$ 30 million credit line to the National Bank of Egypt (NBE). Small and medium-sized enterprises (SMEs) are the ....
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13-million-euro grant from EU to develop 3 slums in Qalubiya
Date: 2014-11-04 17:21:55 GMT - Egypt - Economy - SN:57 - ID:1265713
A meeting took place Tuesday between Qalubia province officials and members from the German International Cooperation Agency (GIZ) to discuss developing three slums with a 13-million-euro grant from the EU. The slums are selected due to ....
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Investment min., COMESA secretary general discuss promoting coop.
Date: 2014-11-04 17:18:04 GMT - Egypt - Economy - SN:56 - ID:1265681
Minister of Investment Ashraf Salman held a meeting with Secretary General of COMESA Sindiso Ngwenya to discuss ways of enhancing cooperation between Egypt and COMESA member states. During the meeting, Sindiso Ngwenya proposed holding a ....
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US Embassy to take part in GEW
Date: 2014-11-04 17:15:29 GMT - Egypt - Economy - SN:55 - ID:1265649
The US Embassy in Cairo on Tuesday said it is scheduled to host several events to support entrepreneurship in Egypt, during the next World Entrepreneurship Week, which begins on November 16. The US Embassy encourages Egyptian entrepreneurs to ....
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EGX gains EGP 3.7 bln
Date: 2014-11-04 13:50:23 GMT - Egypt - Economy - SN:39 - ID:1263937
The Egyptian Exchange indexes were all up at the close of Tuesday’s trading session backed by purchases by foreign investors. The market capital achieved gains worth EGP 3.7 billion to reach EGP 512.5 billion after transactions hit EGP 1.5 ....
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BP to pump $240 million for exploration in Egypt
Date: 2014-11-04 13:27:40 GMT - Egypt - Economy - SN:30 - ID:1263689
British Petroleum (BP) announced that it will pump 240 million dollars to expand exploration in Egypt during the coming period. The British oil giant was awarded, several months ago, the global tender put forward by Egypt for search and ....
