Economy

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  • New economic reform program aims at alleviating poor' sufferings - PM

    New economic reform program aims at alleviating poor' sufferings - PM

    Date: 2013-05-27 13:18:30 GMT - Egypt - Economy - SN:5 - ID:127429

    Egypt's premier stressed on Monday that the new economic reform program, drafted by the government, aims at alleviating poor people's sufferings and opening a new chapter with businesspeople. Hisham Qandil, while addressing the opening session ....

  • ECFC delegation to visit China on Sunday

    ECFC delegation to visit China on Sunday

    Date: 2013-05-27 12:59:23 GMT - Egypt - Economy - SN:2 - ID:127386

    A delegation from the Egyptian Council for Foreign Affairs (ECFA), led by Ambassador Mohamed Ibrahim Shaker, will start a visit to China on Sunday at an invitation of China Institute of Contemporary International Relations (CICIR). In ....

  • EgyptAir says no plans to sell planes

    EgyptAir says no plans to sell planes

    Date: 2013-05-26 13:37:59 GMT - Egypt - Economy - SN:8 - ID:126013

    EgyptAir does not plan to sell off any of its planes in the current period due to increasing passenger movement, says an official source at the company. "EgyptAir does not consider selling aircraft as it decided to expand its network of ....

  • Brazil cancels $900 million in African debt

    Brazil cancels $900 million in African debt

    Date: 2013-05-26 13:33:23 GMT - Ethiopia - Economy - SN:5 - ID:125992

    Brazil said on Saturday it plans to cancel $900 million (700 million euro) worth of debt in 12 African countries, as part of a broader strategy to boost ties with the continent, France 24 reported. "The idea of having Africa as a special ....

  • High investment opportunities in Egypt in coming period: Azhari

    High investment opportunities in Egypt in coming period: Azhari

    Date: 2013-05-26 13:17:38 GMT - Jordan - Economy - SN:2 - ID:125954

    Egypt's Minister of Manpower and Immigration Khaled el-Azhari said that there are high investment opportunities in Egypt in the coming period. Ahead of his departure from Amman back to Cairo on Saturday, Azhari told MENA that the Egyptian ....

  • Supply minister confirms end of diesel oil crisis

    Supply minister confirms end of diesel oil crisis

    Date: 2013-05-23 13:14:53 GMT - Egypt - Economy - SN:1 - ID:122041

    Minister of Supply Basem Oda confirmed the end of diesel oil crisis which gripped Egypt during the past period. In statements to Egyptian TV Channel 1 on Thursday, Oda said the state is taking serious measures to put an end to diesel oil ....

  • Gov't strategy on pricing industrial sector energy to be announced soon - minister

    Gov't strategy on pricing industrial sector energy to be announced soon - minister

    Date: 2013-05-19 13:29:20 GMT - Egypt - Economy - SN:14 - ID:115577

    The government strategy for pricing energy of the industrial sector will be declared soon, Industry Minister Hatem Saleh said Sunday.   During the opening of a green industrial technology conference on Sunday, Saleh said the ministry seeks ....

  • Egypt, Ethiopia discuss cooperation

    Egypt, Ethiopia discuss cooperation

    Date: 2013-05-18 11:20:47 GMT - Ethiopia - Economy - SN:4 - ID:113983

    Ethiopian Foreign Minister Tedros Adhanom held Friday talks in Addis Ababa with visiting Egyptian Deputy Foreign Minister for African Affairs Ali Hefni on boosting cooperation.    The meeting touched on the proceedings of the ....

  • Alexandria governor, Spain Consul discuss promoting cooperation

    Alexandria governor, Spain Consul discuss promoting cooperation

    Date: 2013-04-21 13:39:50 GMT - Egypt - Economy - SN:12 - ID:74440

    Alexandria governor Mohamed Atta Abbas held Sunday a meeting with the new consul general of Spain here on promoting cooperation.   Abbas underlined the importance of taking advantage of Spain's expertise in the fields of transport and energy ....

  • WB, IMF ready to help Egypt overcome impact of abolishing energy subsidies

    WB, IMF ready to help Egypt overcome impact of abolishing energy subsidies

    Date: 2013-04-21 11:39:20 GMT - USA - Economy - SN:6 - ID:74195

    World Bank Group President Jim Yong Kim has underlined the importance of Egypt commitment to abolish some energy subsidies and probe the approval of special measures to protect the poor people.    The WB chief said the WB and the ....

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