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Economy
- Service : English
- Category : Economy
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Leading share purchases drive main index up
Date: 2014-03-20 14:19:03 GMT - Egypt - Economy - SN:27 - ID:620916
Intensive purchases of leading shares by foreign investors have pushed the main index of the Egyptian Exchange (EGX) up at the close of trading on Thursday amid optimism about the performance of the national economy. The market capital hit EGP ....
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EGP 50 mln to fund development of 7 sewer pipe factories
Date: 2014-03-20 14:11:20 GMT - Egypt - Economy - SN:26 - ID:620888
Minister of Water Resources and Irrigation Mohamed Abdel Motaleb kicked off Thursday development work worth US$ 6.7 million (EGP 50 million)at seven factories that manufacture plastic sewer pipes . The seven factories are affiliated to the ....
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$ 1.3 Italian investments to be pumped into Egyptian market: amb
Date: 2014-03-20 11:42:52 GMT - Egypt - Economy - SN:14 - ID:620493
Egypt's Ambassador to Italy Mostafa Helmy met on Thursday with the Italian deputy minister of economic development. They agreed to hold the coming Egyptian-Italian Business Council in Cairo on March 29-30. A large number of Italian investors ....
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Egypt industry minister: Industrial growth rate may decline due to energy crisis
Date: 2014-03-19 16:09:58 GMT - Sudan - Economy - SN:59 - ID:619248
Egypt's Minister of Trade, Industry and Investment Monir Fakhry Abdel-Nour, now visiting Sudan, said on Wednesday that a proposal to use coal in cement factories is currently reviewed by Prime Minister Ibrahim Mahlab. In his statements to MENA, ....
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49 ships transit Suez Canal
Date: 2014-03-19 12:39:12 GMT - Egypt - Economy - SN:49 - ID:618694
Forty-nine vessels transited the Suez Canal on Wednesday, carrying a total cargo of 2.184 million tons. The south-bound convoy included 23 ships carrying 720,000 tons, while the north-bound convoy included 26 vessels carrying a cargo of 1.464 ....
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Electricity, petroleum ministers to hold joint press conf. to review power generation situation
Date: 2014-03-19 12:37:18 GMT - Egypt - Economy - SN:48 - ID:618689
Well-placed sources said that the ministers of electricity and petroleum would hold a joint press conference soon to review all facts about the power generation situation in Egypt. The measure comes after intensive efforts by the two ministries ....
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Nile water level drops 1 cm
Date: 2014-03-19 12:35:44 GMT - Egypt - Economy - SN:47 - ID:618686
The Nile River water level dropped Wednesday, recording 175.44 meters, one centimeter less than yesterday. Water released from the Aswan Dam reached 140 million cubic meters and the amount of water coming freshly to Lake Nasser reached 88 million ....
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Zaazoua: Facilities to implement 1m-Indian-tourists-to-Egypt campaign
Date: 2014-03-19 09:56:18 GMT - Egypt - Economy - SN:30 - ID:618181
Minister of Tourism Hisham Zaazou underlined the importance of the Indian tourism to Egypt. Addressing a press conference with visiting Travel Agents Association of India President Iqbal Mulla, Zaazoua said he met with a number of prominent ....
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Ethiopia needs more investment from UAE -- minister
Date: 2014-03-19 07:46:22 GMT - Ethiopia - Economy - SN:9 - ID:617795
Ethiopian Industry Minister Ahmed Abitew has stressed that Ethiopia needs more investment from the United Arab Emirates, Walta Information Center has reported. The minister made his remarks during the Ethiopian-UAE business forum that aims at ....
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Abdel Nour holds talks with Sudan industry minister on boosting ties
Date: 2014-03-19 07:28:41 GMT - Sudan - Economy - SN:1 - ID:617758
Sudanese Trade Minister Othman Omar el-Sherief held talks on Tuesday with his Egyptian counterpart Munir Fakhry Abdel Nour, at the end of his two-day visit to Sudan Before his departure from Khartoum Airport, Abdel Nour discussed means of ....
