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Economy
- Service : English
- Category : Economy
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Bourse starts new year with gains worth EGP 2 billion
Date: 2014-01-02 18:07:29 GMT - Egypt - Economy - SN:20 - ID:476034
The Egyptian Exchange (EGX) indexes posted collective gains in the first session of 2014. The market capital gained about 2.05 billion pounds, to end the first session of the new year at 428.8 billion pounds, after transactions reached 500 ....
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Pilot CSP plant bedrock for local production of CSP units - minister
Date: 2014-01-02 11:39:55 GMT - Egypt - Economy - SN:12 - ID:475207
Launching a pilot Concentrated Solar Power (CSP) plant will form the basis for local production of concentrated solar power units, the environment minister Laila Iskandar said. Ahead of opening the pilot station on Thursday in the Sixth of ....
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Zazou happy over return of Chinese tourism to Egypt
Date: 2014-01-01 14:37:02 GMT - Egypt - Economy - SN:35 - ID:473805
Tourism Minister Hisham Zazou voiced happiness over the return of the Chinese tourism in Egypt at the beginning of the new year. This came during a celebration held by the Tourism Ministry on a cruise ship on the occasion of the return of Chinese ....
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Egypt, France seek boosting joint cooperation
Date: 2014-01-01 13:26:45 GMT - Egypt - Economy - SN:27 - ID:473614
Minister of Industry and Foreign Trade Munir Fakhry Abdel Nour on Wednesday received French Ambassador here Nicolas Galey where they discussed bilateral relations and the recent economic and political developments in Egypt. The two sides focused ....
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Third metro line to be launched in mid April – governor
Date: 2014-01-01 12:55:13 GMT - Egypt - Economy - SN:24 - ID:473526
The third underground metro line linking Ataba and Misr el-Gedida will be launched by the end of April, Cairo Governor Galal Moustafa Said said on Wednesday. In statements to MENA, he added that a mega Tahrir parking lot – wide enough for 1,550 ....
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Supply minister pledgeds to further tighten monitoring on market
Date: 2014-01-01 12:51:29 GMT - Egypt - Economy - SN:23 - ID:473519
Supply Minister Mohamed Abu-Shadi pledged to continue tightening monitoring on the market to combat commercial cheating and selling outdated commodities or those of an unknown source. He noted that during December inspection campaigns in Greater ....
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Egyptian economy ready for kick-start, minister says
Date: 2013-12-31 19:08:00 GMT - Egypt - Economy - SN:52 - ID:472499
Minister of Finance Ahmad Galal said Egypt has been passing through an interim stage since January 2011, noting that the Egyptian economy is now ready to kick-start. In a statement on Tuesday, the minister said the interim phase was not an easy ....
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Mixed performance at EGX, main index up 0.01%
Date: 2013-12-31 16:39:29 GMT - Egypt - Economy - SN:38 - ID:472293
The Egyptian Exchange showed mixed performance on Tuesday as investors and investment funds acted to settle their financial positions in the last session of 2013. The market capital lost EGP 580 million to reach EGP 426.8 billion. The EGX ....
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EGX gains EGP 51bn, main index up 24.1% in 2013
Date: 2013-12-31 16:34:56 GMT - Egypt - Economy - SN:37 - ID:472288
The Egyptian Exchange (EGX) indices recorded collective rise at the end of 2013 making big gains despite the difficult political and economic landscape. The market capital achieved gains of about 51 billion pounds to reach 427 billion pounds ....
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SFD 2014 budget approved
Date: 2013-12-30 16:40:14 GMT - Egypt - Economy - SN:59 - ID:470335
The Social Fund for Development approved its estimated 2014 budget, which aims to offer EGP 3 billion to fund labor-intensive micro and small-sized enterprises. The approval was given during a board meeting under Prime Minister and SFD Chairman ....
