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Economy
- Service : English
- Category : Economy
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EGP 2.5bn allocation to road maintenance projects ending June 2014 - minister
Date: 2013-11-11 13:41:08 GMT - Egypt - Economy - SN:60 - ID:381319
Minister of Transport Ibrahim el-Demiri announced the allocation of 2.5 billion EGP for several road maintenance projects to take place over the coming few months until June 2014. The plan includes the ring road around Greater Cairo along 100 ....
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European tourism in Egypt rises 20% - minister
Date: 2013-11-11 12:28:33 GMT - Egypt - Economy - SN:48 - ID:381151
The European tourism movement to Egypt has risen recently by 20%, said Tourism Minister Hisham Zaazou. The situation in Egypt is quite fluctuating as the number of tourists visiting the country reached 9.8 million in 2011 and 11.12 million in ....
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Trade deficit has risen 6.3 % in July - CAPMAS
Date: 2013-11-11 12:05:02 GMT - Egypt - Economy - SN:44 - ID:381077
Egypt’s trade deficit reached 21.21 billion pounds in July 2013, compared to 19.95 billion in the same month last year, a 6.3 percent jump, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). Exports have increased ....
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Egypt urged to pay more attention to private sector
Date: 2013-11-11 11:53:50 GMT - Egypt - Economy - SN:39 - ID:381040
A World Bank expert urged on Monday the Egyptian decision makers to listen to the private sector and benefit from its experiment in addressing challenges that obstruct achieving higher economic growth rate. Jean-Pierre Chauffour, Regional Trade ....
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Arab, African nations have good chance to develop their economies - Kuwaiti minister
Date: 2013-11-11 11:08:36 GMT - Kuwait - Economy - SN:32 - ID:380906
Deputy Premier and Finance Minister Sheikh Salem Abdel Aziz al-Sabah stressed that Arab and African countries have a good opportunity to develop their economies if they were well exploited. Sheikh Salem, speaking at the opening ceremony of the ....
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Tourism Minister welcomes lifting state of emergency in South Sinai, Red Sea
Date: 2013-11-11 11:03:48 GMT - Egypt - Economy - SN:31 - ID:380886
The tourism minister and members of the tourist industry have welcomed the Cabinet's decision to lift the state of emergency that was imposed on South Sinai and Red Sea governorates as of Tuesday, November 12. The decision was taken in light of a ....
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Parliamentary, presidential elections important step for investment recovery
Date: 2013-11-11 11:02:43 GMT - Egypt - Economy - SN:30 - ID:380883
Minister of Investments and Free Zones Osama Saleh asserted that Egypt achieved the biggest ratio of luring investments during the fiscal year 2007-2008 with foreign investments amounting to dlrs 13 billion. Addressing the Euromoney conference ....
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Economy needs tangible results as public debts exceeds 1.8 trillion pounds - minister
Date: 2013-11-11 10:41:07 GMT - Egypt - Economy - SN:27 - ID:380814
Minister of Finance Ahmed Galal asserted that the Egyptian economy is in dire need of tangible economic results as the public debt exceeded 1.8 trillion pounds. Addressing the Euromoney conference which kicked off here on Monday under the title ....
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IMF cooperation with Egypt ongoing -- Lagarde
Date: 2013-11-11 09:05:40 GMT - Kuwait - Economy - SN:2 - ID:380364
IMF Managing Director Christine Lagarde asserted on Sunday that the fund's cooperation with Egypt has not stopped. The IMF is still in contact and talks with Cairo and is ready to provide aid required for Egypt to overcome the current stage in ....
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45 vessels transit Suez Canal
Date: 2013-11-10 12:45:36 GMT - Egypt - Economy - SN:47 - ID:379387
Forty-five ships transited the Suez Canal on Sunday, carrying a cargo weighing a little over 2.454 million tons. The south-bound convoy included 27 ships, carrying 1.428 million tons, while the north-bound convoy included 18 ships, carrying 1.26 ....
