Economy
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- Category : Economy
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Egypt, Italy discuss cooperation in railway project
Date: 2013-11-16 13:32:07 GMT - Egypt - Economy - SN:37 - ID:390114
Transportation Minister Ibrahim El-Demery met on Saturday with officials from the Italian Railways to discuss the funding of studies related to the launch of a high-speed train in Egypt. "The funding will cover feasibility studies, planning and ....
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12,000 tourists arrive in Hurghda
Date: 2013-11-16 11:18:01 GMT - Egypt - Economy - SN:33 - ID:389809
Nearly 12,000 tourists from different nationalities arrived in Hurghada International Airport on Saturday on board of 65 flights, including 55 international ones. Lifting travel ban to Egypt and the efforts of tourism and foreign ministries ....
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Italy lifts ban on travel to Red Sea, Aswan, Luxor
Date: 2013-11-16 10:45:46 GMT - Egypt - Economy - SN:9 - ID:389441
The Italian foreign ministry has decided to lift a ban on travel to the Egyptian governorates of Red Sea, Luxor and Aswan. Italy is one of the most important markets for the Egyptian tourism. In statements to MENA, Egypt's Tourism Minister ....
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Kuwait summit economic not political--head of Egypt delegion
Date: 2013-11-16 10:39:54 GMT - Kuwait - Economy - SN:27 - ID:389757
The main purpose of the third Afro-Arab summit is economic and not political, said Wael Nasr, Assistant Foreign Minister for African Affairs. "We discussed the mechanisms that were introduced during Sirte summit to develop the Arab-African ....
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Mansour approves pact of D-8 Organization for Economic Cooperation
Date: 2013-11-15 14:04:11 GMT - Egypt - Economy - SN:31 - ID:388525
Egypt's President Adly Mansour has issued a decree approving the pact of the D-8 Organization for Economic Cooperation. In November, 2012, Egypt signed the charter in Islamabad, presidential spokesman Ehab Badawi said on Friday. The ....
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Egypt poised to buy 240,000 tons of wheat from France, Romania
Date: 2013-11-15 08:04:23 GMT - Egypt - Economy - SN:11 - ID:387827
The General Authority for Supply Commodities inked two agreements Tuesday with the French and Romanian governments to buy 240,000 tons of wheat to be delivered on December 15. The government will buy 60,000 tons from Romania and about 180,000 ....
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182-, 364-day T-bills auctioned
Date: 2013-11-14 18:21:29 GMT - Egypt - Economy - SN:46 - ID:387388
The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 6.5 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 182-day T-bills with a 2.2 bid-to-cover ratio. The average yield was 11.151%, it ....
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EGX indexes show varied performance at closing
Date: 2013-11-14 18:02:03 GMT - Egypt - Economy - SN:41 - ID:387364
The Egyptian Stock Exchange (EGX) showed varied performance at closing on Thursday, amid anticipation of the November 19 protests, called for by the various political powers to revive the second anniversary of Mohamed Mahmoud Street clashes. The ....
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Non-petroleum exports rise 12% in 10 months - minister
Date: 2013-11-14 18:01:05 GMT - Egypt - Economy - SN:40 - ID:387362
Egyptian non-petroleum exports achieved a 12% growth in ten months - from January through October, said Trade and Industry Minister Mounir Fakhri Abdel-Nour. In a statement issued by the ministry Thursday, Abdel-Nour said the value of ....
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1 million pounds allocated to set up sanitary drainage project in Rashid - governor
Date: 2013-11-14 17:16:43 GMT - Egypt - Economy - SN:33 - ID:387280
Behira Governor Mostafa Hadhoud said that a sanitary drainage project will be implemented in Gediya region in Rashid at a total cost of 20 million pounds. The National Authority for Drinking Water and Drainage will be in charge of the project, he ....