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Economy
- Service : English
- Category : Economy
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Solidarity minister donates 200,000 pounds to "Support Egypt" fund, Port Said victims
Date: 2013-10-21 10:31:37 GMT - Egypt - Economy - SN:29 - ID:347026
Social Solidarity Minister Dr. Ahmed el-Borai has donated 100,000 pounds to "Support Egypt" Fund on bank account number 306306. In statements to MENA on Monday, a well-placed source at the ministry said that the minister also donated 100,000 ....
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US Treasury Secretary says Obama will keep trying to ease spending cuts
Date: 2013-10-21 07:30:59 GMT - USA - Economy - SN:3 - ID:346595
US Treasury Secretary Jack Lew said on NBC’s Meet the Press that President Barack Obama will keep trying to undo or ease the cuts in spending that he reluctantly signed into law as part of the Budget Control Act in 2011. “There's no question that ....
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No increase in electricity prices on any slice - official
Date: 2013-10-20 15:39:51 GMT - Egypt - Economy - SN:37 - ID:345996
The first undersecretary of the Ministry of Electricity and the ministry's spokesman Aktham Abu El-Ela denied any increases in electricity prices on any slice. The official denied what was published regarding this subject on some websites. ....
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Bourse gains EGP 3.2 bln in first session after Eid
Date: 2013-10-20 14:29:23 GMT - Egypt - Economy - SN:33 - ID:345816
Indices of the Egyptian Exchange (EGX) shut Sunday's session collectively up, backed by wide purchases by investors. The market capital gained about 3.2 billion pounds, hitting 396.2 billion pounds, after transactions reached 642 million pounds. ....
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2 ships with 519 cars on board arrive at Alexandria port
Date: 2013-10-20 10:11:34 GMT - Egypt - Economy - SN:15 - ID:345237
Two ships coming from India and Greece sailed into Alexandria Port on Sunday carrying 519 cars of different brands. In statements, chairman of Alexandria Port Authority Adel Yassin said all procedures were taken to unload the ships. ....
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Additional 3,400 megawatts to be generated by summer - minister
Date: 2013-10-20 10:04:25 GMT - Egypt - Economy - SN:14 - ID:345229
An additional 3,400 megawatts will be generated under the electricity sector plan to meet rising power consumption during the 2014 summer, Electricity Minister Ahmed Imam said. In press statements Sunday, he said the ministry would do its best to ....
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Recycling rice straw saves annually EGP 4 bln: Agriculture min.
Date: 2013-10-19 07:23:20 GMT - Egypt - Economy - SN:1 - ID:343542
Egypt's Agriculture Minister Ayman Farid Abu Hadid said that The total amount of rice straw is sufficient to produce annually about four billion tons of feeds and fertilizers which save four billion pounds annually. These remarks came during Abu ....
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Abdel-Nour announces new line-up of IMC
Date: 2013-10-18 11:34:59 GMT - Egypt - Economy - SN:14 - ID:342745
Industry and Trade Minister Mounir Fakhri Abdel-Nour has decided to reshuffle the Industrial Modernization Center (IMC). In a statement Friday, he said the ministry is so keen on improving the center for its role in boosting all industrial ....
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Abu-Hadid continues meetings with Arab, international investment funds to flourish agricultural sector
Date: 2013-10-14 12:24:42 GMT - Egypt - Economy - SN:59 - ID:338325
Agriculture and Land Reclamation Minister Ayman Farid Abu-Hadid said that he will continue his meetings with investment funds and Arab and international organizations concerned with agricultural cooperation. He also said that he held several ....
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Trio awarded Nobel economics prize
Date: 2013-10-14 12:13:38 GMT - Sweden - Economy - SN:57 - ID:338304
The 2013 Nobel Prize in economics has been awarded to Eugene Fama, Lars Peter Hansen and Robert Shiller. It was awarded for their "empirical analysis of asset prices", according to the awarding committee, the BBC reported on Monday. The ....
