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Economy
- Service : English
- Category : Economy
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Investment minister: Egypt still ranks 10th among top 50 business reformers
Date: 2013-12-08 12:09:35 GMT - Egypt - Economy - SN:27 - ID:428956
Investment Minister Osama Saleh said that Egypt still ranks 10th among the top 50 countries reforming their investment climate in the world. Giving a word at the opening of Doing Business Conference in Egypt, the minister said that a group of ....
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CBE: Foreign currency reserves decrease by dlrs 825m in November
Date: 2013-12-08 12:02:24 GMT - Egypt - Economy - SN:25 - ID:428945
The Central Bank of Egypt announced a decrease in foreign currency reserves in November by 4.4% registering 17.765 billion dollars, compared with 18.590 billion dollars in October. CBE Governor Hisham Ramez expected a decrease in the foreign ....
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Bourse gains EGP 3.4bn in mid-day trading
Date: 2013-12-08 10:35:58 GMT - Egypt - Economy - SN:19 - ID:428765
The Egyptian Exchange (EGX) made profits at the beginning of mid-day trading on Sunday prompted by intensive purchases by Arab and foreign investors. The market capital gained 3.4 billion pounds to reach 411.5 billion pounds .. The EGX 30 main ....
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WB to boost Egypt's limited-income hosing units with 500 million dollars - expert
Date: 2013-12-08 08:34:01 GMT - Egypt - Economy - SN:10 - ID:428461
A leading World Bank expert said on Sunday the bank will contribute 500 million dollars to the The Affordable Mortgage Finance Program adopted by the Egyptian Investment Ministry's Real Estate Financing Fund. In a statement, Sahar Nasr, Lead ....
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Minister says coordination underway to see impact of economic plan on poverty, joblessness rates
Date: 2013-12-08 08:07:21 GMT - Egypt - Economy - SN:4 - ID:428417
Planning Minister Ashraf el-Arabi unveiled on Sunday coordination with the International Labor Organization (ILO) and the Cabinet's Information and Decision Support Center (IDSC) to see the impact of the new economic plan on the poverty and ....
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2nd economy stimulus package to be announced in Jan - minister
Date: 2013-12-07 10:59:25 GMT - Egypt - Economy - SN:23 - ID:427135
The government will announce the second economy stimulus package in January, said Finance Minister Ahmed Galal. A set of measures to lure unofficial sector institutions to join the official economy voluntarily will also be announced, the ....
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Egypt bourse gains EGP 1.9 billion at close of trading
Date: 2013-12-05 14:44:44 GMT - Egypt - Economy - SN:32 - ID:424448
The Egyptian Exchange (EGX) made profits for the third consecutive session at the close of trading on Thursday amid investors' optimism over expected Gulf investments in Egypt in the upcoming phase. The market capital gained 1.9 billion pounds ....
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Suez governor: 6 new projects to be established in free zone
Date: 2013-12-05 10:46:59 GMT - Egypt - Economy - SN:15 - ID:423878
Suez Governor Maj.-Gen. Al-Arabi Al-Sorouri said Thursday that the Suez Free Zone has approved the establishment of six new projects with a total cost of 20 million dollars. The new projects will be established on an area of 34,105 square meters ....
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Tourism ministry eyes more Japanese tourists: Minister
Date: 2013-12-04 16:16:53 GMT - Egypt - Economy - SN:57 - ID:422776
Tourism Minister Hisham Zazou said on Wednesday his ministry is keen on luring more tourists from Japan. The minister said 121,000 Japanese tourists made it to Egypt in 2010, but one year later, only 26,000 ones visited Egypt. The minister ....
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EGX gains about EGP 1bn
Date: 2013-12-04 15:11:45 GMT - Egypt - Economy - SN:51 - ID:422677
The Egyptian Exchange (EGX) made profits at the close of trading Wednesday amid optimism about the government's ability to finance giant projects proposed by the Egyptian-Gulf Investment Forum. The market capital gained about 1 billion pounds to ....
