Economy

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  • Category : Economy
  • Zazou: More security measures will be adopted at hotels

    Zazou: More security measures will be adopted at hotels

    Date: 2014-04-15 16:01:39 GMT - Egypt - Economy - SN:55 - ID:670016

    Minister of Tourism Hisham Zazou on Tuesday said that his ministry is planning to issue a mandatory decision for Sharm el-Sheikh hotels to install surveillance cameras as an added security measure. At a meeting with South Sinai Governor Major ....

  • Aviation ministry to rationalize energy use

    Aviation ministry to rationalize energy use

    Date: 2014-04-15 15:46:36 GMT - Egypt - Economy - SN:53 - ID:669987

    Egypt's ministry of Civil Aviation will reduce its electricity consumption by up to 20% by reducing the lighting of administrative buildings in the ministry and its subsidiaries, especially in the upcoming period and the beginning of the summer ....

  • 45 ships transit Suez Canal

    45 ships transit Suez Canal

    Date: 2014-04-15 14:38:48 GMT - Egypt - Economy - SN:47 - ID:669813

    Forty-five ships transited the Suez Canal on Tuesday, carrying a total cargo of 2.411 million tons. The south-bound convoy included 22 ships, carrying 1.247 million tons, while the north-bound convoy included 23 vessels, carrying 1.164 million ....

  • Egypt's Bourse gains 5 billion EGP

    Egypt's Bourse gains 5 billion EGP

    Date: 2014-04-15 13:50:01 GMT - Egypt - Economy - SN:34 - ID:669673

    Egypt's Bourse (EGX) registered gains at the close of Tuesday's trading backed by intensive purchases by local and foreign investment funds. The market capital achieved gains worth 5 billion pounds, registering 473.891 billion pounds, after ....

  • Egypt to rebuild trust with IMF after Presidential poll: Finance Min

    Egypt to rebuild trust with IMF after Presidential poll: Finance Min

    Date: 2014-04-15 12:42:52 GMT - Egypt - Economy - SN:22 - ID:669473

    Egyptian Minister of Finance Hani Qadri said on Tuesday that the government works on rebuilding trust in the Egyptian economy through the creation of institutional infrastructure that soundly manage the country's economy. Qadri added, in a ....

  • Nile Water level up 1 cm

    Nile Water level up 1 cm

    Date: 2014-04-15 12:36:25 GMT - Egypt - Economy - SN:21 - ID:669459

    The Nile River water level increased on Tuesday, recording 175.16 meters, one centimeter more than Monday. Water released from the Aswan Dam reached 165 million cubic meters and the amount of water coming freshly to Lake Nasser reached 222 ....

  • Current phase requires human cadres to develop oil sector--Minister

    Current phase requires human cadres to develop oil sector--Minister

    Date: 2014-04-15 12:32:38 GMT - Egypt - Economy - SN:20 - ID:669447

    Minister of Petroleum and Mineral Resources Sherif Ismail affirmed challenges of the current phase requires human cadres who have capabilities and vision to develop the oil sector. Such cadres should be offered advanced training programs to help ....

  • EGX indexes up by 1, 6 pct

    EGX indexes up by 1, 6 pct

    Date: 2014-04-15 12:02:54 GMT - Egypt - Economy - SN:16 - ID:669355

    The Egyptian Exchange (EGX) has relatively recovered at the middle of trading on Tuesday as it was supported by strong buy transactions by foreign investors. The EGX 30 main benchmark index was up 1,63 percent to reach 8,014.31 points. The ....

  • Egyptian GDRs in London stable

    Egyptian GDRs in London stable

    Date: 2014-04-14 17:10:53 GMT - United Kingdom - Economy - SN:77 - ID:668145

    The Egyptian global depository receipts (GDRs) in the London Stock Exchange showed stable performance at the close of Monday's trading. The GDRs of Orascom Telecom, EFG-Hermes and Orascom Construction Industries remained unchanged at 0.85, ....

  • CBE: Sunday, Monday will be off marking Easter, Sham el-Nesim

    CBE: Sunday, Monday will be off marking Easter, Sham el-Nesim

    Date: 2014-04-14 15:00:24 GMT - Egypt - Economy - SN:68 - ID:667876

    The Central Bank of Egypt said that Sunday and Monday will be official days off on the occasion of Easter and Sham el-Nesim. In a statement released Monday, the bank said activities will resume on Tuesday, April 22. ....

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