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Oil min.: Turning Egypt into regional oil hub to greatly affect economy

Date: 2018-07-15 10:23:38 GMT - Egypt - Economy - SN:26 - ID:7489110

CAIRO, July 15 (MENA) - Minister of Petroleum Tarek el Mulla said Sunday the project of turning Egypt into a regional hub for handling and trading in gas and petroleum is one of the key programs in the oil sector's renovation plan in line with the ....

FSA grants 2,113 approvals to set up new companies, increase capital

Date: 2018-07-15 10:08:17 GMT - Egypt - Economy - SN:24 - ID:7489061

CAIRO, July 15 (MENA) - Approvals granted by the Financial Supervisory Authority (FSA) to set up new companies or increase capital of existing ones numbered 2,113 with an issued capital of 61.02 billion pounds and paid capital of 25.5 billion pounds ....

IMF mission chief hails economic stability in Egypt

Date: 2018-07-15 09:37:12 GMT - USA - Economy - SN:21 - ID:7488987

WASHINGTON, July 15 (MENA) - Subir Lall, the International Monetary Fund (IMF) Mission Chief for Egypt, said the economic reform measures adopted by the Egyptian government have contributed to achieving economic stability in the country. In ....

global 1:ACI Increases Investment In Middle East With New Student Fellowship

Date: 2018-07-15 06:22:50 GMT - USA - Economy - SN:3 - ID:7488808

Dear subscribers, following is a global bulletin published for PR ‎Newswire:‎ FARMINGTON HILLS, Mich., July 15, 2018 /PRNewswire/ -- The American Concrete Institute is pleased to announce the availability of a new fellowship specifically for ....

Egypt economic reforms boost investment, business environment -- report

Date: 2018-07-14 18:56:32 GMT - Egypt - Economy - SN:58 - ID:7487999

CAIRO, July 14 (MENA) - Economic reforms implemented by the Egyptian government have boosted the investment and competitiveness environments along with the banking stability, The Economist said in a report. Egypt ranked the third largest African ....

Damietta Port receives 7 vessels over past 24 hours

Date: 2018-07-14 14:05:09 GMT - Egypt - Economy - SN:38 - ID:7488110

DAMIETTA, Egypt, July 14 (MENA) - Damietta Port received over the past 24 hours seven ships, including four container ships and three cargo vessels, the Damietta Port Authority Media Center said in a statement Saturday. The statement added that ....

Egypt has all capabilities to be regional power hub: Engie CEO

Date: 2018-07-14 10:55:35 GMT - Egypt - Economy - SN:30 - ID:7487697

CAIRO, July 14 (MENA) - CEO of Engie Global LNG Philip Olivier lauded the achievements made by Egypt during the past period and the serious steps it has taken on the ground to support its regional and international role as a key country in power ....

Nasr leaves for US to attend UN ECOSOC, HLPF forums

Date: 2018-07-14 09:06:47 GMT - Egypt - Economy - SN:12 - ID:7487607

CAIRO, July 14 (MENA) - Investment and International Cooperation Minister Sahar Nasr is due to leave Sunday for the US to take part in the high-level forum of the UN Economic and Social Council (ECOSOC), currently taking place in New York. The ....

World Bank official describes Egypt's economic reforms as 'success story'

Date: 2018-07-13 10:12:29 GMT - USA - Economy - SN:25 - ID:7486482

WASHINGTON, July 13 (MENA) - Dean of the Board of Executive Directors of the World Bank Mirza Hassan said the World Bank is keen to provide full support for Egypt’s economic and social development plans. In statements to MENA, Hassan lauded the ....

Petroleum min. discusses with Japanese amb. boosting bilateral cooperation

Date: 2018-07-13 09:05:43 GMT - Egypt - Economy - SN:15 - ID:7486479

CAIRO, July 13 (MENA) – Minister of Petroleum and Mineral Resources Tareq el Molla discussed with Japanese Ambassador to Egypt Takehiro Kagawa the opportunities of boosting cooperation between Cairo and Tokyo in the projects of developing and ....