Economy

  • Service : English General
  • Category : Economy
  • Petroleum minister presides over meeting of public sector oil companies general assemblies

    Date: 2015-09-07 12:43:13 GMT - Egypt - Economy - SN:48 - ID:3303713

    CAIRO, Sept 7 (MENA) - Minister of Petroleum and Mineral Resources Sherif Ismail presided over the meeting of the general assemblies of the public sector oil companies to approve the outcome of the activities of the fiscal year 2014/2015. The ....

  • Mahlab witnesses signing ceremony of first logistics centre in Tanta

    Date: 2015-09-07 11:33:06 GMT - Egypt - Economy - SN:45 - ID:3302673

    CAIRO, Sept 7 (MENA) - Prime Minister Ibrahim Mahlab on Monday witnessed the signing ceremony of a contract to establish the first logistic services center in Tanta, Gharbiya governorate, as part of the government's strategic plan to establish ....

  • Finance Minister says country to issue $10bn int'l bonds

    Date: 2015-09-07 10:39:42 GMT - Egypt - Economy - SN:39 - ID:3302953

    CAIRO, Sept 7 (MENA) - Finance Minister Hany Qadry said Monday the Egyptian government is planning to issue international bonds worth 10 billion dollars at different phases. Speaking on the sidelines of the Euromoney conference, which opened here ....

  • Minister: Egypt needs dlrs 10 bn investments, gov't to continue in New Administrative Capital project

    Date: 2015-09-07 09:57:34 GMT - Egypt - Economy - SN:35 - ID:3302233

    CAIRO, Sept 7 (MENA) - Minister of Investment Ashraf Salman said the government needs dlrs 10 billion worth investments from the private sector and foreign investors to up the targeted growth rate from 5 to 5.5 percent by the end of the 2015/2016 ....

  • Finance Minister says Egypt likely to issue int'l bonds to narrow budget deficit

    Date: 2015-09-07 09:16:26 GMT - Egypt - Economy - SN:30 - ID:3301997

    CAIRO, Sept 7 (MENA) - Finance Minister Hany Qadry said Monday the Egyptian government can issue international bonds or use the Sukuk mechanism to narrow the 2015-2016 budget deficit. Egypt will primarily depend on its regular economic resources, ....

  • Finance Minister inaugurates euromoney conference

    Date: 2015-09-07 08:25:44 GMT - Egypt - Economy - SN:26 - ID:3301713

    CAIRO, Sept 7 (MENA) - Finance Minister Hany Qadry inaugurated the 20th session of the Euromoney Egypt Conference Monday. Egypt is looking forward to achieving more economic growth, especially in light of the important economic events that took ....

  • Sisi to DailyNews Egypt: Economic reforms will continue to build on achievements 7 last Cairo

    Date: 2015-09-07 08:15:42 GMT - Egypt - Economy - SN:24 - ID:3301753

    "As we look to the immediate horizon, the main reform on the agenda concerns the proposed amendments to the General Sales Tax (GST). These amendments were intended to be the most significant factor in last fiscal year’s revenue-raising effort, but ....

  • Sisi to DailyNews Egypt: Economic reforms will continue to build on achievements 6 Cairo

    Date: 2015-09-07 08:10:27 GMT - Egypt - Economy - SN:21 - ID:3301725

    "At the same time, I do not discount the political and structural challenges that we have been wrestling and that still lie ahead. Transition is never easy, and creating a new model of economic growth inevitably generates resistance from some ....

  • Sisi to DailyNews Egypt: Economic reforms will continue to build on achievements 5 Cairo

    Date: 2015-09-07 08:04:46 GMT - Egypt - Economy - SN:19 - ID:3301697

    (11) Nearly 300 disputes with foreign investors have been resolved and the remaining cases are under way." Sisi said, adding that "The chief objective of all the theses policies, programs and projects is two-fold: to ensure long-term sustainability ....

  • Sisi to DailyNews Egypt: Economic reforms will continue to build on achievements 4 Cairo

    Date: 2015-09-07 07:54:41 GMT - Egypt - Economy - SN:17 - ID:3301581

    5) The government has launched the “Takaful” and “Karama” programs which distribute cash directly to designated beneficiaries in Egypt’s poorest districts. These programs will cover 500,000 households during the current fiscal year, expanding ....

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