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Economy
- Service : English
- Category : Economy
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Number of tourists to Egypt down by 28.9% in January
Date: 2014-03-17 09:46:25 GMT - Egypt - Economy - SN:34 - ID:614001
The Central Agency for Public Mobilization and Statistics (CAPMAS) said the number of tourists coming to Egypt decreased by 28.9 percent in January to reach 642,000 tourists against 903,000 during the same month of the previous year. In its ....
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PM to open intl trade fair Wed.
Date: 2014-03-16 16:07:24 GMT - Egypt - Economy - SN:41 - ID:612958
Prime Minister Ibrahim Mahlab will open the 47th Cairo International Trade Fair (CIF) on Wednesday. The fair, held this year under the theme "Egypt: Gateway of Trade and Investment", will run until March 28 with the participation of ten countries ....
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EGX retreats on political uncertainty
Date: 2014-03-16 15:43:58 GMT - Egypt - Economy - SN:39 - ID:612908
The Egyptian Exchange (EGX) retreated at the close of trading on Sunday because of uncertainty over the timing of a hoped-for presidential bid by Field Marshal Abdel Fattah el-Sisi and the final issuance of the presidential elections law. The ....
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Agriculture minister orders formation of 3 outlets to sell Halayeb, Shalateen products
Date: 2014-03-16 15:42:49 GMT - Egypt - Economy - SN:38 - ID:612905
Agriculture and Land Reclamation Minister Ayman Farid Abu-Hadid ordered the formation of three outlets in Cairo, Alexandria and Hurghada to sell Halayeb and Shalateen products in order to encourage farmers and fishermen. The minister also ordered ....
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Zaazou continues meetings with tour operators in Moscow fair
Date: 2014-03-16 15:24:37 GMT - Egypt - Economy - SN:36 - ID:612876
The Egyptian tourist sector is committed to keep working on improving the quality of services offered to Russian tourists, said Tourism Minister Hisham Zaazou. During a tour at the 9th International Trade Fair for Travel & Tourism - Intourmarket ....
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Abdel-Nour to visit Sudan Monday
Date: 2014-03-16 14:19:18 GMT - Egypt - Economy - SN:31 - ID:612751
Trade, Industry and Investment Minister Mounir Fakhry Abdel-Nour will start Monday a two-day visit to Khartoum along with a businessmen delegation. Abdel-Nour and the delegation, which includes a number of members of the Federation of Egyptian ....
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91-, 273-day T-bills auctioned
Date: 2014-03-16 13:48:25 GMT - Egypt - Economy - SN:28 - ID:612701
The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 5 billion. In an online statement, the ministry said it sold EGP 2 billion of 91-day T-bills with an average yield of 10.244%, adding it accepted bids at rates ....
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Supplies minister: Imported rice quotas to be included on ration cards
Date: 2014-03-16 07:56:49 GMT - Egypt - Economy - SN:7 - ID:611758
Minister of Supplies and Internal Trade Khaled Hanafy said Sunday that imported rice will be available along with the local quotas included in the ration cards as of April. In a meeting with ration rice suppliers, the minister asserted that ....
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EFG-Hermes welcomes CBE decision to offer dollars to foreign investors
Date: 2014-03-15 07:46:18 GMT - United Arab Emirates - Economy - SN:16 - ID:609902
The Egyptian Financial Group Hermes Holding (EFG-Hermes) welcomed a decision by the Central Bank of Egypt (CBE) to cover 50% of US dollars owed to foreign investors, so they can freely enter and exit the Egyptian stock exchange. The decision will ....
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Egyptian GDRs in London show mixed performance
Date: 2014-03-15 07:26:06 GMT - United Kingdom - Economy - SN:7 - ID:609860
The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance at the close of Friday's trading. The GDRs of Orascom Construction Industries and the Commercial International Bank (CIB) dropped by 9.25, ....
