Economy

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  • Category : Economy
  • Oil minister, BP official confer on investment opportunities in Egypt

    Date: 2018-01-15 10:04:07 GMT - Egypt - Economy - SN:21 - ID:7191440

    CAIRO, Jan 15 (MENA) - Petroleum Minister Tareq el Molla met Monday with Andy Hopwood, chief operating officer of strategy & regions at British Petroleum, to discuss investment opportunities in Egypt, atop of which a project to turn the Arab ....

  • Waly to MENA: Insurance money reached EGP 755bn in Dec.

    Date: 2018-01-15 08:51:14 GMT - Egypt - Economy - SN:11 - ID:7191246

    CAIRO, Jan 15 (MENA) - The Social Solidarity Ministry is working on a unified insurance bill under which pensions should be calculated based on the average wage earned during years of service. Social insurance money amounted to some 755 ....

  • Delegation of investors federation visits Sinai

    Date: 2018-01-14 20:49:11 GMT - Egypt - Economy - SN:80 - ID:7190835

    ARISH, Jan 14 (MENA) - A delegation of the Egyptian Federation of investors paid a visit to North Sinai. Members of the delegation were received by head of Bir al-Abed City Nasrallah Mohamed who briefed them on investment opportunities available ....

  • New Business Sector min. to MENA: Developing performance of holding companies on top of ministry's priorities

    Date: 2018-01-14 19:22:49 GMT - Egypt - Economy - SN:75 - ID:7190797

    CAIRO, Jan 14 (MENA) – New Business Sector Minister Khaled Badawi said developing the performance of the holding companies and their affiliated companies comes on top of his priorities in the upcoming period. In exclusive statements to MENA on ....

  • Holding Company of Maritime & Land Transport to establish logistics zone in East Port Said

    Date: 2018-01-14 13:46:12 GMT - Egypt - Economy - SN:48 - ID:7190311

    CAIRO, Jan 14 (MENA) - The Suez Canal Economic Zone (SCZone) has agreed to allocate 100 feddans in East Port Said for the Holding Company of Maritime & Land Transport. The land will be used to establish a logistics zone, said Mohamed Youssef, ....

  • Egypt bourse gains EGP 4.6 bln

    Date: 2018-01-14 13:35:33 GMT - Egypt - Economy - SN:45 - ID:7190306

    CAIRO, Jan 14 (MENA) - The Egyptian Exchange (EGX) showed mixed performance during Sunday's trading amid purchases operations by the foreign investment funds and financial institutions. The market capital gained EGP 4.6 billion and reached EGP ....

  • 160 ships transit Suez Canal over past 3 days

    Date: 2018-01-14 11:23:25 GMT - Egypt - Economy - SN:27 - ID:7189936

    ISMAILIA, Egypt, Jan 14 (MENA) - As many as 160 ships transited the Suez Canal over the past three days with a total cargo of 10.5 million tons, said chairman of the Suez Canal Authority Mohab Mamish Sunday. The south-bound convoy included 68 ....

  • Dollar exchange rate stable at major Egyptian banks

    Date: 2018-01-14 09:56:02 GMT - Egypt - Economy - SN:19 - ID:7189773

    CAIRO, Jan 14 (MENA) - The US dollar exchange rate was stable during morning transactions at major banks on Sunday. The dollar exchange rate was stable at EGP 17.65 for buying and 17.75 for selling at the National Bank of Egypt, the Arab African ....

  • Industry min. inaugurates steel factory in 6th of October city

    Date: 2018-01-13 15:16:23 GMT - Egypt - Economy - SN:38 - ID:7188923

    CAIRO, Jan 13 (MENA) - Minister of Trade and Industry Tarek Kabil inaugurated Saturday el Jiyashi steel factory in 6th of October city with a production capacity of 240,000 tons of steel annually. The factory is worth EGP 500 million, while EGP ....

  • Damietta Port receives seven vessels over past 24 hours

    Date: 2018-01-13 10:09:06 GMT - Egypt - Economy - SN:21 - ID:7188383

    DAMIETTA, Egypt, Jan 13 (MENA) - Damietta Port received over the past 24 hours seven ships, including three container ships and four cargo vessels, the Damietta Port Authority Media Center said in a Saturday statement. The statement added that 12 ....

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