Economy

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  • Category : Economy
  • Maadawi: Ministry's revenues up this year by 100 million EGP

    Maadawi: Ministry's revenues up this year by 100 million EGP

    Date: 2013-06-11 15:34:59 GMT - Egypt - Economy - SN:25 - ID:150549

    SHARM EL-SHEIKH, Egypt (MENA) - Egyptian Civil Aviation Minister Wael el-Maadawi said the ministry's revenues rose this year by 100 million EGP in comparison with the previous year. Maadawi said the ministry decided to pay 250,000 EGP in bonuses ....

  • Egypt's bourse shows varied performance

    Egypt's bourse shows varied performance

    Date: 2013-06-11 15:20:58 GMT - Egypt - Economy - SN:24 - ID:150500

    CAIRO (MENA) - The Egyptian Exchange showed varied performance at the beginning of trading on Tuesday amid purchases by Egyptian investors and sales by Arabs and foreigners. The market capital gained EGP 600 million to reach EGP 326.5 billion. ....

  • Investment minister urges opening investment vistas with Brazil

    Investment minister urges opening investment vistas with Brazil

    Date: 2013-06-11 14:42:03 GMT - Egypt - Economy - SN:20 - ID:150396

    Egypt-Brazil-Economy Investment minister urges opening investment vistas with Brazil CAIRO, June 11 (MENA) - Investment Minister Yehia Hamid underlined the importance of opening new investment channels with Brazilian business community ....

  • Obama taps Jason Furman as top economic adviser

    Obama taps Jason Furman as top economic adviser

    Date: 2013-06-11 10:05:58 GMT - USA - Economy - SN:7 - ID:149781

    US President Barack Obama nominated Monday Jason Furman as chairman of the Council of Economic Advisers, replacing Alan Krueger who will return to his professorial position at Princeton University. "Jason Furman is one of the most brilliant ....

  • Govt boosts NGOs in different sectors - minister

    Govt boosts NGOs in different sectors - minister

    Date: 2013-06-03 14:00:49 GMT - Egypt - Economy - SN:2 - ID:138246

    Egypt's Insurance and Social Affairs Minister Nagwa Khalil stressed on Monday that the government and all State institutions support non-governmental organizations (NGOs) in the different sectors as they believe in their important role in the ....

  • Egypt, IMF not at loggerheads - PM

    Egypt, IMF not at loggerheads - PM

    Date: 2013-06-02 13:46:40 GMT - Japan - Economy - SN:5 - ID:136664

    Egyptian Prime Minister Hisham Qandil underlined that Egypt and the International Monetary Fund (IMF) are not at loggerheads concerning a 4.8 billion dollar loan. In statements to MENA on Sunday, he said "Egypt and the IMF agree on the ....

  • More money allocated for gas, mazut to end power cuts - minister

    More money allocated for gas, mazut to end power cuts - minister

    Date: 2013-06-02 13:38:49 GMT - Kingdom of Saudi Arabia - Economy - SN:1 - ID:136642

    Egypt's electricity minister Ahmed Imam said on Sunday more money will be allocated to import gas and mazut to address growing power consumption in summer and to put an end to power cuts across the nation. As of June, around 150 to 200 million ....

  • Tourism minister says Egypt put restraints on visiting Iranians

    Tourism minister says Egypt put restraints on visiting Iranians

    Date: 2013-06-01 13:22:57 GMT - Kingdom of Saudi Arabia - Economy - SN:7 - ID:135263

    Egypt has allowed Iranian tourists to visit the country but has put "restraints" to prevent any attempts to promote a certain sect, the tourism minister said Saturday. "We don't accept that tourism be used in politics or to promote sects," ....

  • Smart cards used in loading, unloading diesel oil as of today

    Smart cards used in loading, unloading diesel oil as of today

    Date: 2013-06-01 13:15:54 GMT - Egypt - Economy - SN:3 - ID:135243

    A new way to load and unload diesel oil using smart cards went into effect Saturday. The smart cards are meant to better control the shipment and distribution processes. As of today Egypt will have an electronic system that locates where ....

  • TICAD V kicks off in Japan, Tokyo offers $3.2bn in African aid

    TICAD V kicks off in Japan, Tokyo offers $3.2bn in African aid

    Date: 2013-06-01 13:12:03 GMT - Japan - Economy - SN:1 - ID:135236

    The fifth edition of the "Tokyo International Conference on African Development" (TICAD V) kicked off Saturday under the overarching theme of "Hand in Hand with a Dynamic Africa." The conference is taking place until June 3, with 50 countries ....

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