Business
IMF: Egypt Growth rate at 2.3% in 2014
April 8, 2014
IMF: Egypt Growth rate at 2.3% in 2014
Egypt growth in 2014 is expected to be broadly the same as in 2013, says the International Monetary Fund’s latest…
FAO: Wheat production to decline by 2% in 2014
April 8, 2014
FAO: Wheat production to decline by 2% in 2014
The United Nations' Food and Agriculture Organization (FAO) said Tuesday that it expected world wheat production in 2014 to record…
Minister: Improvements on metro’s first line to cost LE2.9 billion
April 8, 2014
Minister: Improvements on metro’s first line to cost LE2.9 billion
Transportation Minister Ibrahim al-Demeiry said on Tuesday that the investment projects on the metro’s first line (Helwan-Marg) will cost up…
New direct flights between Hurghada, German cities
April 8, 2014
New direct flights between Hurghada, German cities
Civil Aviation Minister Hossam Kamal said on Tuesday that Air Cairo will launch new direct flights to a number of…
Hotel occupancy range between 46-52 percent, says tourism official
April 8, 2014
Hotel occupancy range between 46-52 percent, says tourism official
Tourism Minister Deputy Osama al-Ashry, who supervises tourist resorts and hotels sector, said on Tuesday that hotel occupancy at Egyptian…
Kuwait to export 85,000 crude oil barrels to Egypt per day
April 8, 2014
Kuwait to export 85,000 crude oil barrels to Egypt per day
Nasser al-Madaf, managing director for global marketing at Kuwait Petroleum Corporation (KPC), announced on Tuesday that an agreement has been…
Minister of Manpower: We provided 45,000 job opportunities in one month
April 7, 2014
Minister of Manpower: We provided 45,000 job opportunities in one month
Minister of Manpower and Immigration Nahed Ashry on Monday said the ministry provided 25,726 new jobs in March, including 672…
Carbon Egypt signs US$7.1 bn cooperation agreement with Italian and Dutch companies
April 7, 2014
Carbon Egypt signs US$7.1 bn cooperation agreement with Italian and Dutch companies
The Egyptian Carbon Holding Company on Monday signed a US$1.7 billion deal with the Italian Maire Tecnimont and the Dutch…
Russia to provide Egypt with nuclear fuel for second research nuke reactor
April 7, 2014
Russia to provide Egypt with nuclear fuel for second research nuke reactor
Egyptian Atomic Energy Authority chairman Atef Abdel Hamid said that Egypt agreed with Russia to import fuel that is needed…
Tourism revenues down by 66 percent during first half of FY 2013/14
April 7, 2014
Tourism revenues down by 66 percent during first half of FY 2013/14
Tourism Minister Hesham Zaazou said on Monday that the sector's revenues declined by 66 percent, bringing in US$1.9 billion during…