Economy

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  • Category : Economy
  • Int'l cooperation minister signs agreement with AFD

    Int'l cooperation minister signs agreement with AFD

    Date: 2013-11-25 10:06:12 GMT - Egypt - Economy - SN:34 - ID:405579

    International Cooperation Minister Zeyad Bahaa el-Din and regional director of the Agence Française de Développement (AFD) Marie-Pierre Nicollet Monday sealed a deal to support small and medium-sized agricultural projects. Putting their ....

  • Minimum wages to benefit around 6 million employees -- PM

    Minimum wages to benefit around 6 million employees -- PM

    Date: 2013-11-25 07:53:01 GMT - Egypt - Economy - SN:6 - ID:405235

    Prime Minister Hazim Beblawi said on Sunday that a newly-approved minimum for wages will benefit around six million employees when it goes into effect by January. In statements to Al-Hayat television, Beblawi said the downgrading of diplomatic ....

  • Abdel-Nour, Spanish amb. discuss economic coop

    Abdel-Nour, Spanish amb. discuss economic coop

    Date: 2013-11-24 16:30:30 GMT - Egypt - Economy - SN:57 - ID:404705

    Minister of Trade and Industry Munir Fakhri Abdel-Nour met Sunday Spanish Ambassador in Cairo Fidel Sendagorta Gomez del Campillo to discuss cooperation between the two countries in the various fields, topped by joint investments. Emerging from ....

  • Egypt bourse indexes collectively down

    Egypt bourse indexes collectively down

    Date: 2013-11-24 15:39:55 GMT - Egypt - Economy - SN:53 - ID:404586

    The Egyptian Exchange (EGX) went down at the close of trading Sunday amid limited transactions in anticipation for any positive news at the political or economic fronts. The market capital lost EGP 739 million to hit EGP 414.1 billion after ....

  • Planning minister: Spinning & weaving companies debts to banks hit EGP 4.5 billion

    Planning minister: Spinning & weaving companies debts to banks hit EGP 4.5 billion

    Date: 2013-11-24 14:06:59 GMT - Egypt - Economy - SN:46 - ID:404397

    Planning Minister Ashraf el-Arabi disclosed that the debts owed by the spinning and weaving companies to the National Investment Bank and some commercial banks reached EGP 4.5 billion. In press statements on Sunday, the minister said the ....

  • Alexandria to present new investment project worth dlrs 70bn

    Alexandria to present new investment project worth dlrs 70bn

    Date: 2013-11-24 12:25:18 GMT - Egypt - Economy - SN:38 - ID:404124

    Alexandria governorate will present a New Alexandria project which includes the construction of 21 administrative and commercial towers and a yacht marina at investments amounting to dlrs 70 billion, Alexandria Governor Tarek Mahdi said ....

  • 5.5 billion pound treasury-bills auctioned

    5.5 billion pound treasury-bills auctioned

    Date: 2013-11-24 11:47:27 GMT - Egypt - Economy - SN:34 - ID:404042

    The Finance Ministry on Sunday auctioned 91-day and 266-day treasury bills at a total value of 5.5 billion pounds. In an online statement, the ministry said the average yield on the 91-day T-bills was 10.662%. As for the 266-day T-bills, they ....

  • Planning minister: Close to solve business sector issues including textile companies

    Planning minister: Close to solve business sector issues including textile companies

    Date: 2013-11-23 16:42:31 GMT - Egypt - Economy - SN:46 - ID:402989

    Minister of Planning Ashraf al-Arabi said Saturday that the ministry is about to issue final solutions to all problems in the business sector including the textile companies. Speaking to reporters, al-Arabi noted that the interim government has ....

  • ETBC chief: Turkish investments in Egypt hit $ 1.5b

    ETBC chief: Turkish investments in Egypt hit $ 1.5b

    Date: 2013-11-23 14:17:20 GMT - Egypt - Economy - SN:40 - ID:402772

    Turkish investments in Egypt amount to 1.5 billion dollars and 52 thousand workers are employed in these projects, head of the Egyptian-Turkish Business Council Adel Lamie said Saturday. In statements to MENA Saturday, Lamie added some 300 ....

  • 38 ships transit Suez canal

    38 ships transit Suez canal

    Date: 2013-11-23 13:01:54 GMT - Egypt - Economy - SN:35 - ID:402585

    Thirty-eight ships transited the Suez Canal on Saturday, carrying a total cargo of 1.988 million tons. The north-bound convoy included 20 ships, carrying 1.68 million tons, while the south-bound convoy included 18 ships, carrying over 920,000 ....

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