Economy

  • Service : English General
  • Category : Economy
  • EEHC, Baseera sign contract to conduct survey on electricity service

    Date: 2018-09-23 13:08:16 GMT - Egypt - Economy - SN:50 - ID:7588691

    CAIRO, Sept 23 (MENA) – The Egyptian Electricity Holding Company (EEHC) has signed a contract with the independent Egyptian Center for Public Opinion Research (Baseera) to conduct a survey on the quality of electricity services offered to ....

  • Petroleum Ministry acting to increase local production, says Molla

    Date: 2018-09-23 12:22:00 GMT - Egypt - Economy - SN:46 - ID:7588546

    CAIRO, Sept 23 (MENA) - The Petroleum Ministry is working to improve the efficiency of oil production units and implement new ones with the aim to meet demands of the local market and reduce imports, said Tareq el Molla Sunday. The petroleum ....

  • OPEC chief urges continued efforts to maintain oil market stability

    Date: 2018-09-23 12:08:46 GMT - Algeria - Economy - SN:38 - ID:7588687

    ALGIERS, Sept 23 (MENA) - Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammad Sanusi urged continued efforts to maintain the stability of the oil market. During the 10th Meeting of the Joint OPEC-Non-OPEC ....

  • 10th meeting of OPEC-Non-OPEC Ministerial Committee opens in Algiers

    Date: 2018-09-23 11:47:43 GMT - Algeria - Economy - SN:34 - ID:7588503

    ALGIERS, Sept 23 (MENA) - The 10th Meeting of the Joint OPEC-Non-OPEC Ministerial Committee on Monitoring Compliance with the Oil Output Cuts Agreement kicked off in Algiers on Sunday. During the meeting, Algerian Minister of Energy Mustapha ....

  • TE board approves acquisition of 50% of EISCC for dlrs 15 mln

    Date: 2018-09-23 10:57:52 GMT - Egypt - Economy - SN:23 - ID:7588388

    CAIRO, Sept 23 (MENA) – Telecom Egypt announced on Sunday that its board approved the acquisition of 50 percent of the Egyptian International Submarine Cables Company (EISCC) for a total value of dlrs 15 million. In a statement on Sunday, ....

  • Egypt's exports to Russia hit dlrs 402m during first half of 2018

    Date: 2018-09-23 10:56:49 GMT - Egypt - Economy - SN:22 - ID:7588399

    CAIRO, Sept 23 (MENA) - Egypt's exports to the Russian market have increased tangibly during the first half of this year reaching dlrs 402.4 million, compared with dlrs 360.6 million during the same period in 2017. The industrial sector witnessed ....

  • Dollar price stable at Egyptian major banks

    Date: 2018-09-23 10:11:59 GMT - Egypt - Economy - SN:18 - ID:7588391

    CAIRO, Sept 23 (MENA) - The exchange rate of the US dollar was relatively stable during transactions on Sunday at major banks. The dollar exchange rate settled at EGP 17.78 for buying and EGP 17.88 for selling at the National Bank of Egypt. At ....

  • PM to visits Assiut Sunday

    Date: 2018-09-22 10:51:36 GMT - Egypt - Economy - SN:24 - ID:7587074

    CAIRO, Sept 22 (MENA) – Prime Minister Mostafa Madbouli will start a visit to Assiut governorate on Sunday to inspect a number of development projects. It will be the prime minister’s first visit to Upper Egypt and comes as part of his field ....

  • WB: $300m loan to Egypt to implement rural sanitation services program

    Date: 2018-09-22 07:34:32 GMT - USA - Economy - SN:6 - ID:7586804

    WASHINGTON, Sept 22 (MENA) - The World Bank (WB) announced Saturday a $300 million loan to Egypt for complementing the current ‘’Sustainable Rural Sanitation Services Program’’ to support the expansion of the government’s efforts to improve rural ....

  • 355 thousand clients benefited from CBE initiative for SMEs- minister

    Date: 2018-09-21 16:40:17 GMT - Egypt - Economy - SN:48 - ID:7586126

    CAIRO, Sept 21 (MENA) – Around 355 thousand clients have benefited from the Central Bank of Egypt (CBE) initiative for shoring up the micro, small and medium-sized enterprises (SMEs), Minister of Planning Hala el Saeed said Friday. Her remarks ....

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