Economy

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  • Category : Economy
  • Cabinet approves allocating extra subsidy for those benefiting from ration cards

    Date: 2015-05-20 16:35:08 GMT - Egypt - Economy - SN:113 - ID:2630461

    CAIRO, May 20 (MENA) - The Egyptian cabinet approved during a meeting Wednesday to allocate 50 percent extra support for those who benefit from ration cards on the occasion of the holy month of Ramadan. The citizen will be able to get extra goods ....

  • EGX loses EGP 2.4bn

    Date: 2015-05-20 13:55:23 GMT - Egypt - Economy - SN:86 - ID:2629209

    CAIRO, May 20 (MENA) - The Egyptian Exchange (EGX) indices went down on Wednesday on the back of share sales by foreign and Arab investment funds. The market capital lost about 2.4 billion pounds to reach 500.3 billion after transactions worth ....

  • Real estate market in Egypt promising -- Sodic managing director

    Date: 2015-05-20 13:14:40 GMT - Egypt - Economy - SN:78 - ID:2627905

    CAIRO, May 20 (MENA) - Real estate investments in Egypt have been positively affected by the economic developments in the country, the managing director of the Sixth of October Development & Investment Company (SODIC) has said. Indeed, the ....

  • EMAAR Properties announces intention to float subsidiary EMAAR Misr

    Date: 2015-05-20 12:47:14 GMT - Egypt - Economy - SN:71 - ID:2627901

    CAIRO, May 20 (MENA) - The Egyptian subsidiary of Emaar Properties, Emaar Misr for Development, Wednesday announced its intention to proceed with an initial public offering (IPO) and to apply for admission of Emaar Misr’s ordinary shares to be ....

  • Egypt industry minister says solving energy problem imp. to implement development plans

    Date: 2015-05-20 11:10:14 GMT - Egypt - Economy - SN:42 - ID:2627377

    CAIRO, May 20 (MENA) - Solving an energy problem in Egypt is key to implementing comprehensive development plans in the country, says the minister of industry and trade. General Electric International is currently working on a number of projects ....

  • Global PR Newswire (2) :

    Date: 2015-05-20 10:33:04 GMT - south korea - Economy - SN:33 - ID:2627181

    Massive Development Project Leader POSCO E&C to Construct Korea's Tallest Apartment Complex LCT in Haeundae - The vital infrastructure of the Special Tourist Zone in Haeundae, ranging from leisure and recreation to shopping and ....

  • GLOBAL 1: MixRadio launches the world's most personal and easy-to-use music streaming service on all major mobile platforms

    Date: 2015-05-20 06:07:01 GMT - USA - Economy - SN:2 - ID:2624941

    http://mm.gettyimages.com/mm/nicePath/gyipa_public?nav=pr279093132 NEW YORK, May 20, 2015 /PRNewswire/MENA -- MixRadio, the personalized music streaming service, is today launching its acclaimed product to a huge new global audience by expanding ....

  • CBE governor: Egypt at economic war

    Date: 2015-05-19 23:29:05 GMT - Egypt - Economy - SN:156 - ID:2624825

    CAIRO, May 19 (MENA) - The Central Bank of Egypt (CBE) Governor, Hisham Ramez, said Tuesday Egypt is at an economic war, urging all the Egyptians to unite in its face. In statements to a CBC TV program, Ramez said some new laws and measure are ....

  • 1,443 ships, laden with 81,586 million tons transited Suez Canal in April: Report

    Date: 2015-05-19 22:58:12 GMT - Egypt - Economy - SN:155 - ID:2624721

    ISMAILIA, May 19 (MENA) – The Suez Canal Authority on Tuesday announced a 4.2-percent increase in the number of ships transiting the canal in April compared to the same month last year. As many as 1,443 ships carrying 81,586 million tons crossed ....

  • Italian economic delegation to visit Cairo on May 24

    Date: 2015-05-19 21:30:45 GMT - Egypt - Economy - SN:145 - ID:2624421

    ROME, May 19 (MENA) - A high profile Italian economic delegation will visit Cairo on May 24, Egypt's Ambassador in Rome Amr Helmy said on Tuesday. Led by Italian Deputy Minister of Economic Development Carlo Kalinda, the delegation groups a host ....

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