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Economy
- Service : English
- Category : Economy
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66 vessels transit Suez Canal
Date: 2013-09-10 15:50:35 GMT - Egypt - Economy - SN:34 - ID:282995
As many as 66 ships transited the Suez Canal on Tuesday on both sides, carrying a total cargo of 3.6 million tons. The south-bound convoy included 39 ships, carrying about 2,1 tons, while the north-bound convoy included 27 vessels carrying ....
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EGP 188.5 million allocated for meeting Sinai needs - minister
Date: 2013-09-10 15:07:15 GMT - Egypt - Economy - SN:22 - ID:282880
A sum of 188.5 million pounds was allocated for securing emergency needs of North and South Sinai governorates, Minister of Local Development Adel Labib said. In press statements Tuesday, he said 100 million pounds will go for North Sinai to ....
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Planning minister discusses industrial sector problems with "Egyptian Industrialists Association" members
Date: 2013-09-10 14:49:24 GMT - Egypt - Economy - SN:17 - ID:282826
Planning Minister Ashraf el-Arabi discussed on Tuesday with some members of the Egyptian Industrialists Association the main features of a program to stimulate the Egyptian economy which has recently been announced by the Egyptian government. ....
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Nile water level continues rising
Date: 2013-09-10 14:47:00 GMT - Egypt - Economy - SN:16 - ID:282817
The Nile River water level continued to go up on Tuesday to stand at 175.41 meters, 5 centimeters higher than Monday. According to a report presented the Irrigation and Water Resources Ministry, water released from the High Dam reached 155 ....
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EFSA chairman welcomes serious plans to increase capital of companies registered at EGX
Date: 2013-09-10 14:07:49 GMT - Egypt - Economy - SN:13 - ID:282720
The Egyptian Financial Supervisory Authority is open to all serious plans that aim to increase the capital of companies registered at the Egyptian Stock Exchange, EFSA chairman Sherif Samy has said. This will help firms expand and will secure ....
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Customs department says money to be allowed outside of Egypt only after CBE approval
Date: 2013-09-10 14:02:42 GMT - Egypt - Economy - SN:12 - ID:282708
The Customs Department at Cairo airport would not allow six owners of tourism companies to leave the country with four million riyals to Saudi Arabia. The passengers had a letter from the Tourism Ministry but director of the Customs Department ....
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Egypt mulls imposing anti-dumping duties on steel imports from Turkey
Date: 2013-09-09 21:10:09 GMT - Egypt - Economy - SN:28 - ID:281751
The Anti-Dumping, Subsidy and Safeguard Department is mulling imposing anti-dumping duties on imports of steel rebar from Turkey. The department said that there is a significant increase in the imports of the Turkish steel rebar, a matter ....
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Antiquities Ministry’s revenues decline 80% in Aug
Date: 2013-09-08 14:46:30 GMT - Egypt - Economy - SN:46 - ID:279398
The Antiquities Ministry’s revenues have sharply dipped in August to reach EGP 3 million or 80% less than last August’s figure of EGP 35 million, Minister Mohamed Ibrahim said. In statements Sunday, the minister attributed the loss to the low ....
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Govt allocates EGP 22 mln to implement urgent projects in governorates - minister
Date: 2013-09-08 14:23:56 GMT - Egypt - Economy - SN:43 - ID:279350
The government has allocated some 22.3 billion pounds to implement urgent development projects in the governorates, said Local Development Minister Adel Labib. The minister also said that the urgent projects which are needed by the ....
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Egypt's IMF expert Nabil Hashad dies
Date: 2013-09-08 12:41:28 GMT - Egypt - Economy - SN:24 - ID:279080
Egypt's Nabil Hashad, the banking expert at the International Monetary Fund (IMF), died in Cairo late Saturday of a heart attack. Hashad, 60, contributed to laying down IMF programs for reforming the banking mechanisms and financial policies ....
