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Economy
- Service : English
- Category : Economy
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Suez Canal investment certificates not to affect banking saving: CBE
Date: 2014-08-26 05:11:47 GMT - Egypt - Economy - SN:1 - ID:891351
Governor of the Central Bank of Egypt (CBE) Hisham Ramez said on Monday that the new Suez Canal investment certificates will not affect the rate of banking saving or liquidity in Egypt. In a phone call with Sada el-Balad satellite channel, Ramez ....
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Bourse Indexes down on Monday on backdrop of profit taking
Date: 2014-08-25 14:25:24 GMT - Egypt - Economy - SN:61 - ID:890793
Indexes of the the Egyptian Exchange on Monday went back on the backdrop of profit taking with the market capital losing 2.3 billion pounds. The EGX 30 benchmark index lost 0.97 percent to close at 9,403.39 points. The broader EGX 70 index ....
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Tourism ministry spares no effort to promote tourism - min.
Date: 2014-08-25 11:59:26 GMT - Egypt - Economy - SN:51 - ID:890400
Tourism Minister Hisham Zazou stressed on Monday that the ministry exerts utmost efforts to bring tourism back to what it has been before the 25 January revolution. All state bodies are working hard to promote tourism, the minister said at a ....
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53 ships transit Suez Canal
Date: 2014-08-25 11:13:32 GMT - Egypt - Economy - SN:45 - ID:890302
Fifty three ships transited the Suez Canal on Monday, carrying a total cargo of 2.5 million tons. The south-bound convoy included 28 ships, carrying 1.2 million tons, while the north-bound convoy included 25 ships, carrying 1.23 million tons. ....
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Egypt Post gains EGP 150mn -- Minister
Date: 2014-08-25 10:40:53 GMT - Egypt - Economy - SN:36 - ID:890237
Egypt Post gained 150 million pounds during the 2013-2014 fiscal year, Communications Ministser Atef Helmi said Monday. Egypt Post has not achieved such surplus in 10 years, Helmi said. He made it clear that wages and allowances of workers at ....
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Electricity min. reshuffles heads of power companies
Date: 2014-08-25 10:35:42 GMT - Egypt - Economy - SN:34 - ID:890219
Electricity Minister Mohamed Shaker issued on Monday a decision reshuffling heads of 2 state-owned power companies and appointing new board members of two companies. The reshuffle covered Cairo Electricity Production Company and Upper Egypt ....
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Bourse gains EGP 4.1 bn
Date: 2014-08-24 13:35:02 GMT - Egypt - Economy - SN:37 - ID:889085
The Egyptian Exchange made gains at the close of the week's first trading session on Sunday backed by wide purchases by local and foreign mutual funds and institutions of housing and contracting sector shares. The market capital achieved gains ....
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Egyptian irrigation minister arrives in Khartoum for Ethiopia Dam talks
Date: 2014-08-24 09:52:23 GMT - Sudan - Economy - SN:18 - ID:888558
Egyptian Water Resources and Irrigation Minister Hossam Moghazi arrived here on Sunday to take part in the fourth round of negotiations with Sudan and Ethiopia on the controversial Renaissance Dam. Sudanese Water Resources Minister Moatez Moussa ....
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New bread mechanism to be applied nationwide - minister
Date: 2014-08-24 08:02:53 GMT - Egypt - Economy - SN:11 - ID:888371
Supply and Internal Trade Minister Khaled Hanfi stressed on Sunday that the new subsidized-bread distribution mechanism, now applicable in Cairo and Canal governorates, will come into force across the nation. The new mechanism helps provide ....
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Irrigation min. heads Egypt's delegation to 'Renaissance Dam' talks
Date: 2014-08-23 15:38:45 GMT - Egypt - Economy - SN:53 - ID:887754
Water Resources and Irrigation Minister Hossam Moghazi will head on Sunday to the Sudanese capital of Khartoum to lead Egypt's delegation to the negotiations on the Ethiopian Renaissance Dam. The talks will be held on Monday and Tuesday in ....
