Economy
- Service : English General
- Category : Economy
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31 global companies desire to invest in Suez Canal: Mamish
Date: 2015-10-14 20:46:21 GMT - Egypt - Economy - SN:73 - ID:3532997
CAIRO, Oct 14 (MENA) – Head of the Suez Canal Authority Mohab Mamish said that 31 major world companies desire to invest in the new Suez Canal Axis Development Project. The remarks were made during the second economic conference of Akhbar El-Youm ....
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Egypt plans to transform for smart electricity meters in 10 years
Date: 2015-10-14 20:36:25 GMT - Egypt - Economy - SN:72 - ID:3533217
CAIRO, Oct 14 (MENA) – Undersecretary for the Electricity Ministry Mohamed Mousa said Wednesday his ministry approved a plan to transform from normal to smart electricity meters in 10 years. In statements on the sidelines of Akhbar El-Youm's ....
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Economic development council chief says 500 plants to be operated in November
Date: 2015-10-14 19:10:24 GMT - Egypt - Economy - SN:68 - ID:3533017
CAIRO, Oct 14 (MENA) – Abla Abdel Latif, head of the Egyptian presidency's economic development council, said 500 plants, out of 1,000 plants, now under construction, will be ready for operation during November. In exclusive statements to MENA on ....
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New plan for urban development in Egypt: Housing minister
Date: 2015-10-14 18:35:17 GMT - Egypt - Economy - SN:66 - ID:3532669
CAIRO, Oct 14 (MENA) – A new plan will be prepared for urban development in Egypt, said Minister of Housing and Urban Communities Mostafa Madbouli. The remarks were made during a session held about major national projects in Egypt on the ....
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Gov't has no magic stick to solve problems -- PM
Date: 2015-10-14 17:38:19 GMT - Egypt - Economy - SN:62 - ID:3532429
CAIRO, Oct 14 (MENA) - Prime Minister Sherif Ismail said on Wednesday that the government has no magic stick to solve all problems. "Constant and hard work along with collaboration and cooperation are the sole key to address the country's ....
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Transport ministry to draw up strategic plans -- minister
Date: 2015-10-14 17:19:13 GMT - Egypt - Economy - SN:59 - ID:3532225
CAIRO, Oct 14 (MENA) - Five workshops will be organized next week to draw up strategic plans to address problems of the transport industry in Egypt, said Transport Minister Saad el Geoshy on Wednesday. Addressing an economic conference in Cairo, ....
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Govt to issue int'l bonds worth $1.5 billion, says minister
Date: 2015-10-14 15:32:39 GMT - Egypt - Economy - SN:53 - ID:3531689
CAIRO, Oct 14 (MENA) – Investment Minister Ashraf Salman said Wednesday the government is planning to issue the second phase of international bonds worth 1.5 billion dollars. The issuance will be later this year or early next year, the minister ....
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Arab trade ministers meet in Saudi Arabia
Date: 2015-10-14 14:37:53 GMT - Kingdom of Saudi Arabia - Economy - SN:49 - ID:3531297
RIYADH, Oct 14 (MENA) - Arab trade ministers met on Wednesday in the Saudi capital of Riyadh for coordinating the Arab stance in the World Trade Organization before the 10th ministerial conference, which will be held in the Kenyan capital, ....
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Negotiations between gov't, WB to get 3-bln-dlr loan
Date: 2015-10-14 14:00:41 GMT - Egypt - Economy - SN:48 - ID:3530965
CAIRO, Oct 14 (MENA) - The cabinet announced that there are ongoing negotiations between the Egyptian government and the World Bank (WB) to get a three-billion-dollar loan during 2016 till 2017. The negotiations target finalizing the measures of ....
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Plans to increase tourist arrivals by 15 percent – minister
Date: 2015-10-14 11:52:17 GMT - Egypt - Economy - SN:35 - ID:3529725
CAIRO, Oct 14 (MENA) – Tourism Minister Hisham Zaazou said on Wednesday that new plans were developed to increase the number of tourists to Egypt in 2016 by 15 percent. The minister expected recovery of the whole industry within one year ....