Economy

  • Service : English General
  • Category : Economy
  • Qabil says bill on developing MSMEs finalized

    Date: 2018-01-12 16:55:24 GMT - Egypt - Economy - SN:56 - ID:7187708

    CAIRO, Jan 12 (MENA) - Minister of Trade and Industry Tareq Qabil said Friday his ministry finalized a bill on developing Micro, Small, and Medium-sized Enterprises (MSMEs). In a statement on Friday, the minister said that the bill was submitted ....

  • Mamish: SCZone ports' revenues hit EGP 2.4 bln in 2017

    Date: 2018-01-12 14:20:53 GMT - Egypt - Economy - SN:42 - ID:7187295

    CAIRO, Jan 12 (MENA) - Chairman of the Suez Canal Authority and the Suez Canal Economic Zone (SCZone) Mohab Mamish said that revenues from SCZone ports (six ports) reached EGP 2.4 billion in 2017, the Suez Canal Authority said in a statement on ....

  • Global (2): Hisense TV sales leads China market for 14 consecutive years

    Date: 2018-01-12 13:06:20 GMT - China - Economy - SN:34 - ID:7187288

    BEIJING, Jan. 12, 2018 /PRNewswire/ -- According to the latest data from CMM, Hisense TV ranked No.1 on both retail value and volume for 14 consecutive years in China by the end of 2017. The retail volume of Hisense TV has reached 16.79%. And the ....

  • Ship carrying 5,000 tons of butane gas arrives at Zaytiat port in Suez

    Date: 2018-01-12 10:54:12 GMT - Egypt - Economy - SN:27 - ID:7187037

    HURGHADA, Egypt, Jan 12 (MENA) - A ship carrying 5,000 tons of butane gas coming from the Saudi port of Yanbu will sail into El Zaytiat Port on Friday, spokesman for the Red Sea Ports Authority Malak Youssef said. In a press release, Youssef ....

  • PRnewswire (1): Arctech Solar's First Middle East Project to Facilitate Local Seawater Desalination Development

    Date: 2018-01-12 06:18:34 GMT - China - Economy - SN:2 - ID:7186689

    Arctech Solar's First Middle East Project to Facilitate Local Seawater Desalination Development SHANGHAI, Jan. 12, 2018 /PRNewswire/ -- At the very beginning of 2018, Arctech Solar's client formally began the construction work for its 10MW solar ....

  • CBE: Remittances soar 5.8% in November

    Date: 2018-01-11 17:16:33 GMT - Egypt - Economy - SN:83 - ID:7186187

    CAIRO, Jan 11 (MENA) - International remittances of Egyptian workers abroad soared 5.8 percent to hit 2.2 billion dollars in November, the Central Bank of Egypt (CBE) said. The remittances of the Egyptian expatriates grew by 2.4 billion dollars ....

  • Mamish: Developing Suez Canal area to serve Egypt’s, World’s economies

    Date: 2018-01-11 16:28:16 GMT - Egypt - Economy - SN:75 - ID:7185726

    CAIRO, Jan 11 (MENA) – The development of Suez Canal area will serve Egypt’s and World’s economies and contribute to providing one million job opportunities for young men, Chairman of the Suez Canal Authority and the Suez Canal Economic Zone ....

  • Flights between Moscow, Cairo may start in mid-February: Russian min.

    Date: 2018-01-11 16:19:08 GMT - Russia - Economy - SN:74 - ID:7186148

    MOSCOW, Jan 11 (MENA) - Regular flights between Moscow and Cairo may start in mid-February, TASS news agency quoted Russian Transport Minister Maxim Sokolov as saying. "As I said, it will take about a month and a half after the signing of the ....

  • Finance ministry auctions EGP 14.5 bln T-bills

    Date: 2018-01-11 15:53:08 GMT - Egypt - Economy - SN:70 - ID:7185963

    CAIRO, Jan 11 (MENA) - The Ministry of Finance auctioned on Thursday treasury bills at a total value of EGP 14.5 billion. In an online statement, the ministry said it sold EGP 6.75 billion of 182-day bonds with average interest rate hitting 18.6 ....

  • MIGA to provide Egypt with $102.6 mln to build world's largest solar generation park

    Date: 2018-01-11 15:50:39 GMT - USA - Economy - SN:68 - ID:7185941

    WASHINGTON, Jan 11 (MENA) - The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank (WB) Group, announced Thursday guarantees of up to $102.6 million in support of the construction, operation and maintenance of six solar ....

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