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Economy
- Service : English General
- Category : Economy
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Local development minister: agreement reached with AOI to transform wastes to fuel
Date: 2015-07-12 09:48:15 GMT - Egypt - Economy - SN:16 - ID:2965729
CAIRO, July 12 (MENA) - Minister of Local Development Adel Labib said the ministry has agreed with the Arab Organization for Industrialization to produce a device to transform animal manure to biogas in order to be fixed on septic tanks in the rural ....
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Minister meets foreign investors seeking to tap energy market in Egypt
Date: 2015-07-10 15:43:56 GMT - Egypt - Economy - SN:59 - ID:2957917
CAIRO, July 10 (MENA) - Manpower Minister Nahed el Ashri met Friday with a number of Italian and French businessmen, who voiced interest to invest in renewable energy projects in Egypt. They want to make use of Egypt's potentials to generate clean ....
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Europe rises sharply on Greek plans, CAC, IBEX up 3%
Date: 2015-07-10 13:33:12 GMT - Belgium - Economy - SN:43 - ID:2957185
BRUSSELS, July 10 (MENA) - European stocks rose sharply as investors took heart from a rebound in China and reforms proposals from Greece. The pan-European Stoxx 600 was trading up 2 percent by mid-afternoon. The FTSE 100 was up over 1.5 percent, ....
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Egypt bourse loses EGP 10bn in week
Date: 2015-07-09 20:35:56 GMT - Egypt - Economy - SN:90 - ID:2953733
CAIRO, July 9 (MENA) - The Egyptian Exchange closed down this week with losses amounting to EGP 10 billion and its indexes were all down. The capital market declined to EGP 474 billion. During the course of the week, the benchmark index EGX 30 ....
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Annual inflation remain unchanged at 8.07% by end of June
Date: 2015-07-09 18:06:17 GMT - Egypt - Economy - SN:76 - ID:2952749
CAIRO, July 9 (MENA) - The annual inflation rate stood at 8.07% by the end of June, the Central Bank of Egypt said in a statement. The CBE said the basic monthly inflation rate hit 0.61% in June compared to 0.65% in May, the report said. ....
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Tax revenues rise to EGP 261 billion in 11 months- ministry
Date: 2015-07-09 18:04:17 GMT - Egypt - Economy - SN:75 - ID:2952945
CAIRO, July 9 (MENA) – Tax revenues rose by EGP 48 billion during July/May of 2014-2015, to hit EGP 261 billion, compared to EGP 213 in same period last year, the Finance Ministry said Thursday. In its report, the ministry said revenues from ....
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Budget deficit rises to EGP 261.8 bilion in 11 months
Date: 2015-07-09 17:37:20 GMT - Egypt - Economy - SN:73 - ID:2953125
CAIRO, July 9 (MENA) - The budget deficit rose to 261.8 billion pounds, constituting 10.8 percent of the gross domestic product (GDP), during the period from July to May 2014/2015, the Ministry of Finance said Thursday. The new figure is compared ....
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Investment min. unveils new regulations to improve work at free zones
Date: 2015-07-09 16:07:15 GMT - Egypt - Economy - SN:63 - ID:2951081
CAIRO, July 9 (MENA) – New regulations are currently examined to improve work at public and private free zones, Investment Minister Ashraf Salman said on Thursday. The minister made the remark during a meeting with a number of chairpersons and ....
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PM issues new statute of investment guarantees, incentives law
Date: 2015-07-09 15:16:45 GMT - Egypt - Economy - SN:52 - ID:2951841
CAIRO, July 9 (MENA) – Prime Minister Ibrahim Mahlab issued on Thursday the statute of the Investment Guarantees and Incentives Law. The new statute, no. 1,820 of 2015, annulled the previous one issued in 2004 as well as all other provisions that ....
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Investment min. meets members of free trade associations
Date: 2015-07-09 15:05:21 GMT - Egypt - Economy - SN:50 - ID:2951089
CAIRO, July 9 (MENA) – Investment Minister Ashraf Salman met with chiefs and members of a number of free trade investors' associations on Thursday in the presence of acting chairman of the General Authority for Investment Alaa Omar and ministry ....
