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Economy
- Service : English General
- Category : Economy
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Egypt succeeds in significantly decreasing budget deficit - IMF
Date: 2015-09-17 20:23:23 GMT - USA - Economy - SN:94 - ID:3372269
WASHINGTON, Sept 17 (MENA) – Egypt has succeeded in significantly lowering the budget deficit due to the adopted economic reform polices, especially in taxes and energy sector, said International Monetary Fund's (IMF) Mission Chief in Egypt on ....
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US delegation to arrive in Egypt next month
Date: 2015-09-17 17:46:11 GMT - Egypt - Economy - SN:82 - ID:3371801
SHARM SHEIKH, Sept 17 (MENA) – A delegation of US Treasury Department will visit Cairo next month to discuss mutual cooperation in various financial fields, said US Treasury Attache at US embassy in Cairo Céline Senseney. The remarks were made on ....
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SCA chief says 334 vessels passed through Suez Canal this week
Date: 2015-09-17 17:32:51 GMT - Egypt - Economy - SN:80 - ID:3371809
ISMAILIA, Sept 17 (MENA) – Suez Canal Authority Chairman Mohab Mamish said Thursday that 334 ships transited the canal this week with a total cargo weight of 19.7 million tons. In a statement, Mamish, who also serves as the head of the executive ....
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CBE keeps interest rates unchanged
Date: 2015-09-17 16:58:14 GMT - Egypt - Economy - SN:77 - ID:3371573
CAIRO, Sept 17 (MENA) - The Monetary Policy Committee at the Central Bank of Egypt (CBE) has kept the overnight interest rate unchanged. The rates are kept at 8.75 percent for deposit and 9.75 percent for lending, the CBE said in a statement on ....
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10% bonus since July for workers not involved in civil service law
Date: 2015-09-17 15:56:39 GMT - Egypt - Economy - SN:70 - ID:3370857
CAIRO, Sept 17 (MENA) – Minister of Finance Hany Qadry Demian has announced the pay increase of 10% for workers not involved in civil service law. The increase is based on basic salary according to Law No 99/2015. The bonus will be paid ....
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EU technical aid program for Egypt to be launched in October
Date: 2015-09-17 15:28:07 GMT - Egypt - Economy - SN:64 - ID:3370589
CAIRO, Sept 17 (MENA) – An EU technical aid program worth 20 million euros for Egypt will be launched early in October 2015, caretaker minister industry and trade Mounir Fakhri Abdel Nour said Thursday. The program aims to provide technical ....
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CBE fixes US dollar exchange rate
Date: 2015-09-17 15:15:45 GMT - Egypt - Economy - SN:62 - ID:3370265
CAIRO, Sept 17 (MENA) - The Central Bank of Egypt (CBE) stabilized on Thursday the exchange rate of the US dollar at 7.73 pounds. Bankers, in statements to MENA, underlined that the price of the dollar in the black market remained Thursday ....
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Egypt's new diplomat praises strong ties binding Egypt, Kuwait
Date: 2015-09-17 14:35:17 GMT - Kuwait - Economy - SN:57 - ID:3369205
KUWAIT, Sept 17 (MENA) – Egypt's Ambassador to Kuwait Yasser Atef has hailed as strong relations binding between Egypt and Kuwait in various political, economic and social fields. In a press conference held on Thursday, Atef praised Kuwaiti Emir ....
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Delegation under Italian economic development minister to visit Egypt soon
Date: 2015-09-17 13:32:35 GMT - Egypt - Economy - SN:49 - ID:3369877
CAIRO, Sept 17 (MENA) - Egyptian Ambassador in Rome Amr Helmy underlined the importance of the visit that will be paid by the Italian economic development minister to Egypt so soon. The minister will lead a delegation grouping Italian businessmen ....
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GE finalizes in record time power stations in Egypt - Official
Date: 2015-09-17 11:20:56 GMT - Egypt - Economy - SN:39 - ID:3368605
HURGHADA, Egypt, Sept 17 (MENA) - General Electric (GE) Company in Northeast Africa has finalized in a "record time" the construction of power stations in 14 locations across Egypt. The company built the power stations in line with the ....
