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Economy
- Service : English
- Category : Economy
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WB: $300 million to finance small-sized projects in Egypt
Date: 2014-02-18 15:01:10 GMT - Egypt - Economy - SN:51 - ID:562751
Senior economic expert at the World Bank (WB) Sahar Nasser said the bank seeks to cooperate with the Egyptian government to finance small-sized projects at investments of about $300 million. In press statements on Tuesday, Nasser said the bank’s ....
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"FAO chooses Egypt for its initiative on agricultural cooperation in Africa
Date: 2014-02-18 14:01:54 GMT - Egypt - Economy - SN:47 - ID:562603
The Food and Agriculture Organization of the United Nations (FAO) has chosen Egypt to be its starting point for implementing its initiative on agricultural cooperation in Africa. Agriculture Minister Ayman Abu Hadid has received a FAO delegation ....
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Nilesat gains $46.5mn in 2013
Date: 2014-02-18 13:51:38 GMT - Egypt - Economy - SN:46 - ID:562572
The Egyptian Satellite Company (Nilesat) has posted a net profit of 46.556 million dollars during the fiscal year of 2013, compared to a net profit of 32.3 million during the same period a year earlier, to represent an increase of ....
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Investment Minister meets Beyti managing director
Date: 2014-02-18 13:40:34 GMT - Egypt - Economy - SN:44 - ID:562540
Investment Minister Osama Saleh received on Tuesday the managing director of the International Company for Dairy and Juices - Beyti- to discuss the company’s plan to expand its investments in Egypt in the coming phase. The company seeks to pump ....
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39 vessels transit Suez Canal
Date: 2014-02-18 13:10:43 GMT - Egypt - Economy - SN:40 - ID:562456
Thirty-nine vessels transited the Suez Canal on Tuesday in two convoys carrying a cargo of 1.675 million tons. The south-bound convoy included 14 ships carrying 631,000 tons, while the north-bound convoy included 25 vessels carrying a cargo of ....
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Nile water level drops 2 cms
Date: 2014-02-18 12:02:36 GMT - Egypt - Economy - SN:30 - ID:562255
The Nile River water level dropped to 175.74 meters on Tuesday, two centimeters less than yesterday's reading, said the Irrigation and Water Resources Ministry. Water released from the High Dam today reached 140 million cubic meters. The ....
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T-bonds auctioned at EGP 6 billion
Date: 2014-02-17 17:06:58 GMT - Egypt - Economy - SN:70 - ID:560960
The Finance Ministry auctioned 2-year, 4-year and 7-year treasury bonds at a total value of 6 billion pounds on Monday. In an online statement, the ministry said it sold EGP 2 billion of 2-year treasury bonds (maturing on February 4, 2016) and ....
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Finance minister confers with Kuwaiti counterpart on fringe of AL meetings
Date: 2014-02-17 12:51:02 GMT - Egypt - Economy - SN:53 - ID:560365
Finance Minister Ahmad Galal conferred on Monday with his Kuwaiti counterpart Anas Al-Saleh on the fringe of Kuwait's participation in the Arab League meetings. In a statement released on Monday, Galal said the meeting took up means of expanding ....
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CAPMAS: Unemployment rate in 4th quarter of 2013 remained stable at 13.4 percent
Date: 2014-02-17 12:25:49 GMT - Egypt - Economy - SN:50 - ID:560284
Unemployment rate during the fourth quarter of 2013 remained stable at 13,4 percent with the number of jobless people reaching 3.6 million of the total workforce, compared with the previous quarter of the same year, Central Agency for Public ....
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Referendum on withdrawing from EU will harm economy - England Bank governor
Date: 2014-02-17 12:24:26 GMT - United Kingdom - Economy - SN:49 - ID:560281
Bank of England governor Mark Carney warned that the plans of British Prime Minister David Cameron to hold a referendum on withdrawing from the European Union (EU) will harm the economy. Businessmen may halt their investments due to the ....
