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Economy
- Service : English
- Category : Economy
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Hard currency reserves within safe limits - minister
Date: 2013-11-10 10:18:46 GMT - Egypt - Economy - SN:27 - ID:379010
Hard currency reserves are within safe limits, standing at 18.59 billion dollars at the end of October, Minister of Planning Ashraf el-Arabi said Sunday. In statements to MENA, Arabi said exchange rates have stablized after the dollar in the ....
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CAPMAS: Egypt's monthly inflation up
Date: 2013-11-10 09:47:35 GMT - Egypt - Economy - SN:25 - ID:378953
Egypt's monthly inflation rate in October rose by 1.2 percent compared to September as the school year starts and butane gas cylinders crisis flares up in addition to the sporadic suspension of train traffic, the Central Agency for Public ....
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London's Mayor: Britain welcomes Kuwaiti investments
Date: 2013-11-10 09:39:48 GMT - Kuwait - Economy - SN:24 - ID:378944
Mayor of London Boris Johnson said his country welcomes Kuwaiti investments, both public and private, whether in London or the other British cities, affirming that his country is ready to iron out any difficulties. In an interview with the Kuwait ....
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800 buses instead of 600 to join Greater Cairo public transportation sector before June 2014
Date: 2013-11-10 09:00:44 GMT - Egypt - Economy - SN:19 - ID:378888
Minister of Planning Ashraf el-Arabi said 800 buses instead of 600 will join the 1,300 public transportation fleet serving Greater Cairo within framework of an emergency economic plan. In statements Sunday, he said 400 buses will operate by ....
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Crisis of butane gas cylinders to ease in 48 hours: Supply Minister
Date: 2013-11-10 07:56:47 GMT - Egypt - Economy - SN:9 - ID:378749
Supply Minister Mohamed Abu-Shadi stressed that a crisis of butane gas cylinders is expected to ease in the coming two days. Abu-Shadi told Egypt's TV Channel 1 on Saturday that the crisis will certainly be alleviated within the coming 48 hours ....
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Improving living standards "main goal" of government: Housing minister
Date: 2013-11-09 18:14:53 GMT - Egypt - Economy - SN:34 - ID:378325
Housing Minister Ibrahim Mehleb underlined that the government seeks to improve the living standards of citizens as far as possible. The improvement of life quality is a basic right of every Egyptian and is the main goal of the government in the ....
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New road to reduce distance between Sohag, New Valley to 120 km: Planning Minister
Date: 2013-11-09 16:39:54 GMT - Egypt - Economy - SN:24 - ID:378217
Planning Minister Ashraf Araby said that the ministry has developed a feasibility study for building a new road connecting Sohag and New Valley governorates in order to reduce the distance between the two cities to less than the half. The ....
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UK lifts travel ban on Luxor, Aswan thanks to tourism minister efforts
Date: 2013-11-09 11:28:24 GMT - United Kingdom - Economy - SN:21 - ID:377727
Egyptian Tourism Minister Hisham Zaazou and Ambassador in London Ashraf el-Kholy convinced the UK Foreign Office to lift a travel ban on Luxor and Aswan. Speaking to MENA, Zaazou said he and Kholy had a very fruitful meeting with a UK Foreign ....
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Positive feedback in London's Bourse over Morsi trial: Tourism minister
Date: 2013-11-08 13:37:04 GMT - United Kingdom - Economy - SN:20 - ID:376601
Egyptian Tourism Minister Hisham Zaazou said that the trial of ousted president Mohamed Morsi had a positive impact on the participants in London tourism Bourse. In statements to the Egyptian journalists' delegation covering the events of the ....
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Egyptian Exchange indexes up last week
Date: 2013-11-08 10:44:17 GMT - Egypt - Economy - SN:13 - ID:376288
The Egyptian Exchange indexes closed last week up and the market capital gained EGP 14.8 billion to hit EGP 417.2 billion. During the course of the week, the benchmark index EGX 30 jumped 3.78 percent to 6,416 points, said a weekly report issued ....
