Economy

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  • Category : Economy
  • Tourism minister inaugurates new project to attract German tourists

    Tourism minister inaugurates new project to attract German tourists

    Date: 2013-12-03 18:52:57 GMT - Egypt - Economy - SN:72 - ID:421156

    Tourism Minister Hisham Zazou has inaugurated a new marketing project in partnership with a German company to promote tourism to Egypt. Zazou said that Germany was the fifth largest tourism exporter to Egypt with 1,3 million tourists in 2010 and ....

  • Communication minister briefs cabinet on High-speed internet project

    Communication minister briefs cabinet on High-speed internet project

    Date: 2013-12-03 18:50:15 GMT - Egypt - Economy - SN:71 - ID:421151

    Egypt Minister of Communications and Information Technology Atef Helmy briefed a cabinet meeting on Tuesday on the latest developments in the High-speed Internet National Initiative. The project's conditions and terms of bidding are ready, ....

  • Egypt minister of petroleum, UAE official discuss bilateral cooperation

    Egypt minister of petroleum, UAE official discuss bilateral cooperation

    Date: 2013-12-03 17:47:02 GMT - United Arab Emirates - Economy - SN:64 - ID:421080

    Egypt's Minister of Petroleum and Mineral Resources Sherif Ismail and UAE Minister of State Sultan Al Jaber discussed Tuesday cooperation in the fields of oil industry and mining. Ismail said that some potential oil projects will be promoted ....

  • Travel Agents Association extends thanks to Zaazou over support

    Travel Agents Association extends thanks to Zaazou over support

    Date: 2013-12-03 17:28:12 GMT - Egypt - Economy - SN:60 - ID:421039

    Board of Directors of the Egyptian Travel Agents Association (ETAA) extended thanks Tuesday to Minister of Tourism Hisham Zaazou over his efforts to revive the tourism industry. ETAA's Chairman of the Board, Hossam Elshaer said that the ministry ....

  • Egypt, Sudan coordinate stance on Ethiopia dam

    Egypt, Sudan coordinate stance on Ethiopia dam

    Date: 2013-12-03 16:57:28 GMT - Egypt - Economy - SN:54 - ID:420966

    Water Resources Minister Mohamed Abdel Mottaleb held Tuesday talks with his Sudanese counterpart to prepare for a tripartite meeting comprising Egypt, Sudan and Ethiopia on Sunday in Khartoum. In light of Ethiopia's construction of the ....

  • Trading on Egyptian bourse draws back

    Trading on Egyptian bourse draws back

    Date: 2013-12-03 15:50:39 GMT - Egypt - Economy - SN:42 - ID:420835

    Trading on the Egyptian Exchange (EGX) took a downward trend on Tuesday on the backdrop of intensive sales by Egyptian individual investors and foreign corporations. The market capital lost about 790 million pounds to hit about 405.2 billion ....

  • Petroleum Ministry denies raising prices of gasoline, diesel

    Petroleum Ministry denies raising prices of gasoline, diesel

    Date: 2013-12-03 15:05:22 GMT - Egypt - Economy - SN:36 - ID:420746

    A spokesman for the Ministry of Petroleum has refuted news reports published in an independent newspaper on Tuesday claiming that the government is awaiting a political decision to raise the prices of gasoline and diesel. Hamdy Abdul-Aziz denied ....

  • 46 ships transit Suez Canal

    46 ships transit Suez Canal

    Date: 2013-12-03 14:30:35 GMT - Egypt - Economy - SN:31 - ID:420657

    Forty-six ships transited the Suez Canal on Tuesday carrying a cargo of 2.674 million tons. The south-bound convoy included 21 ships carrying 1.248 million tons, while the north-bound convoy comprised 25 vessels carrying 1.426 million tons. ....

  • CBE extends tourism support initiative to end of 2014

    CBE extends tourism support initiative to end of 2014

    Date: 2013-12-03 12:32:05 GMT - Egypt - Economy - SN:15 - ID:420349

    The Central Bank of Egypt (CBE) has decided to extend the tourism support initiative launched in March 2013 until December 2014, In a statement Tuesday, CBE Governor Hisham Ramez said tourism is a bedrock for economy and a main source of hard ....

  • Oil minister embarks on visit to UAE

    Oil minister embarks on visit to UAE

    Date: 2013-12-02 10:29:19 GMT - Egypt - Economy - SN:13 - ID:418088

    Minister of Petroleum Sherif Ismail left cairo on Monday for Abu Dhabi on a two-day visit to UAE for talks on bilateral cooperation in the oil, energy and investment domains. The Egyptian minister is scheduled to meet with his UAE counterpart ....

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