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Economy
- Service : English
- Category : Economy
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"We have time to address Ehiopia dam effects" -- Irrigation minister
Date: 2013-12-22 16:30:17 GMT - Egypt - Economy - SN:37 - ID:455844
Minister of Water Resources and Irrigation Mohammed Abdel-Moteleb affirmed on Sunday that there is still time to deal with any damage or negative impact that might appear because of Ethiopia's Grand Renaissance Dam currently under construction on ....
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Limited losses at Egyptian bourse
Date: 2013-12-22 15:07:30 GMT - Egypt - Economy - SN:33 - ID:455711
The Egyptian Exchange (EGX) indexes went down at the close of trading on Sunday due to adjustments of the financial positions of investors, especially investment funds and institutions, before the end of the year. The market capital lost about ....
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91, 266-day T-bills auctioned
Date: 2013-12-22 14:20:10 GMT - Egypt - Economy - SN:29 - ID:455586
The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 5.5 billion. In an online statement, the ministry said it sold EGP 2 billion of 91-day T-bills with a 2.74 bid-to-cover ratio. The average yield was 10.571%, it said, ....
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Investment minister meets with Egyptian business tycoon Yassin Mansour
Date: 2013-12-22 10:24:19 GMT - Egypt - Economy - SN:16 - ID:455042
Investment Minister Osama Saleh met with Egyptian businessman Yassin Mansour, chairman of Egyptian conglomerate Mansour Group and real estate developer Palm Hills, for talks on his future investments in Egypt and the Arab countries. Mansour, who ....
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Egypt in contacts with Sudan, Ethiopia to resolve differences on controversial dam -- minister
Date: 2013-12-21 18:25:52 GMT - Egypt - Economy - SN:55 - ID:454314
Egypt's Water Resources Minister Mohamed Abdel-Motleb said on Saturday that Cairo has set a deadline between six months to one year for a panel of experts with Sudan and Ethiopia to complete a study of the project of a controversial dam in ....
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Tourism minister attends sun-struck phenomenon in Fayyoum
Date: 2013-12-21 13:39:28 GMT - Egypt - Economy - SN:37 - ID:453837
Tourism Minister Hisham Zaazou underlined the importance of observing ancient events to induce tourism back to the Egyptian market. Speaking to MENA after observing the sun’s alignment with the ancient temple of Qasr Qarun in Fayyoum, Zaazou said ....
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Industry minister says EGP 1.5bn allocated for upgrading 35 industrial zones
Date: 2013-12-21 10:42:14 GMT - Egypt - Economy - SN:32 - ID:453470
Trade and Industry Minister Mounir Fakhri Abdel-Nour said a mechanism has been agreed on how to complete the infrastructure of 35 industrial zones using 1.5 billion pounds allocated by the Finance Ministry for the purpose. Cooperation protocols ....
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IMC prepares study to reduce energy consumption by 20 pct in 2022
Date: 2013-12-21 09:43:28 GMT - Egypt - Economy - SN:26 - ID:453354
The Industrial Modernization Center (IMC) prepared a study aiming to reduce energy consumption by 20 percent in 2022. In a statement Saturday, Head of the Information and Decision Support Center (IDSC) Sherif Badr underlined the importance of the ....
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Egyptian GDRs in London show mixed performance
Date: 2013-12-21 07:03:29 GMT - United Kingdom - Economy - SN:3 - ID:453042
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 the Commercial International Bank rose by 4.76 percent, while EFG-Hermes GDRs stayed at ....
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Egyptian Exchange indexes up last week
Date: 2013-12-20 11:33:48 GMT - Egypt - Economy - SN:7 - ID:452019
The Egyptian Exchange indexes closed last week up and the market capital gained EGP 6.25 billion to hit EGP 423 billion. During the course of the week, the benchmark index EGX 30 jumped 2.17 percent to 6,748 points, said a weekly report issued by ....
