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Economy
- Service : English
- Category : Economy
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Trial operation of 2nd unit of Ain Sokhna power plant Thursday: Electricity min.
Date: 2014-10-23 11:43:02 GMT - Egypt - Economy - SN:7 - ID:1183709
Egypt's Electricity Minister Mohamed Shaker said the trial operation of the second unit of 650 megawatt Ain Sokhna power plant on Thursday. Shaker added that the move comes within a huge project that includes 19 operations at a cost of 9.1 ....
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62 ships cross Suez Canal
Date: 2014-10-22 12:57:49 GMT - Egypt - Economy - SN:44 - ID:1177209
Sixty-two ships crossed the Suez Canal on Wednesday, carrying a combined cargo of 3.515 million tons. The south-bound convoy included 30 ships, the biggest of which was a Panamanian container ship which carries a cargo of 157,000 tons and is ....
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US's Bechtel offers financing Egypt's national projects with soft conditions
Date: 2014-10-22 11:15:36 GMT - Egypt - Economy - SN:36 - ID:1176205
Supply and Internal Trade Minister Dr Khalef Hefny conferred on Wednesday with chairman of the US Bechtel Corporation Brian Hans who offered that his foundation finances any national projects in Egypt with soft financial loans. In statements on ....
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Moody's raising of Egypt's outlook 'positive': min.
Date: 2014-10-21 18:49:05 GMT - Egypt - Economy - SN:87 - ID:1173001
Finance Minister Hani Qadri Demian said Tuesday Moody's decision to raise Egypt's outlook from negative to stable was a positive step towards improving the country's status on the international investments' map. However, Demian said in a ....
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India amb. confers with Menia governor on metallurgical investments
Date: 2014-10-21 17:56:54 GMT - Egypt - Economy - SN:79 - ID:1172789
Indian Ambassador to Egypt Navdeep Suri conferred with Menia Governor Salah Ziada and representatives of chambers of commerce in Menia on opportunities to expand economic cooperation and attract Indian investments especially into the metallurgical ....
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Egypt purchases 180,000 tons of wheat
Date: 2014-10-21 17:30:22 GMT - Egypt - Economy - SN:77 - ID:1172537
The Ministry of Supply and Internal Trade has purchased 180,000 tons of wheat from France, Romania and Russia to produce subsidized bread through an international tender. The average price of wheat hits $255.16 per ton. The shipments will ....
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IDSC develops study for investment obstacles, opportunities in Egypt
Date: 2014-10-21 17:07:11 GMT - Egypt - Economy - SN:71 - ID:1172389
Head of the Cabinet's Information and Decision Support Center (IDSC) Sherif Badr said Tuesday the center has recently developed a study on all the investment obstacles and business opportunities in Egypt. Badr told MENA the study was presented to ....
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Egypt, Kazakhstan agree to facilitate trade exchange - Minister
Date: 2014-10-21 17:05:05 GMT - Egypt - Economy - SN:70 - ID:1172377
Egypt's Minister of Industry, Trade and Small- and Medium-sized Enterprises Mounir Fakhri Abdel Nour said Tuesday Egypt and Kazakhstan agreed to open new horizons in trade and economic relations through expanding of the volume of trade ....
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Deal on exchange of agricultural risks signed
Date: 2014-10-21 16:49:22 GMT - Egypt - Economy - SN:67 - ID:1172273
Agriculture Minister Adel el-Beltagi signed on Tuesday a deal over the exchange of agricultural risks. Both the European Union and the French Agency for Development are funding the project. An Agriculture Ministry official said the agreement ....
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51 vessels transit Suez Canal
Date: 2014-10-21 14:28:07 GMT - Egypt - Economy - SN:42 - ID:1171173
Fifty-one ships transited the Suez Canal on Tuesday, carrying a total cargo of 2.471 million tons. The south-bound convoy included 30 vessels, carrying 1.516 million tons, while the north-bound convoy included 21 ships, carrying 955,000 tons. ....
