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Egypt to Cut Energy Subsidy Bill by 50pct over Five Years
Egypt >> 2/2/2013 - Egypt’s government is working on a programme to cut the country's energy subsidy bill by 50 per cent over the coming five years and to compensate by raising Egyptian wages, the state-run MENA news age...
553 Projects Implemented in Egypt
Egypt >> 2/2/2013 - The Cabinet announced on 01/02/2013 that a number of 553 projects have been implemented in January 2013, the matter which shows the government’s keenness on implementing projects that improve quality ...
UAE Outgoing Ambassador Meets Yemeni Officials
United Arab Emirates >> 2/3/2013 - Yemeni Prime Minister Mohammed Salim Basandowa has received the outgoing UAE ambassador to Yemen Abdullah Matar Al Mazroui, who call on at the end of his tenure. Basandowa hailed the role of the UAE e...
Egyptian Industry Ministry Report: EGP 353 bn Imports
Egypt >> 2/3/2013 - The volume of Egypt's imports rose to EGP 353 billion in 2012 with an EGP 53.9 billion rise against the figures of 2010 and EGP 14 billion in 2011, according to industry and foreign trade ministry's r...
Egypt Approves Resignation of State's Largest Bank Head
Egypt >> 2/3/2013 - Egypt's Prime Minister Hisham Qandil accepted the resignation of the head of the state’s largest bank, Al-Ahram's Arabic-language news portal reported. Tarek Amer resigned as the chief of National Ban...
Egypt to Finish Revised Economy Plan
Egypt >> 2/4/2013 - Egypt's finance minister has said that the government would complete its revision of its economic reform plan next week, after which it planned to invite a delegation from the International Monetary F...
Salafist Nour Party Wants to Raise Egypt's Minimum Wage
Egypt >> 2/4/2013 - Egypt’s Salafist Nour Party submitted a draft law on wages to the upper house of parliament, the Shura Council, through party members Salah Abdel Mabood and Ahmed Youssef on Monday. The Shura Council ...
Mohammed Bin Zayed Receives Spanish Defense Minister
United Arab Emirates >> 2/4/2013 - His Highness Gen. Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces received Spanish Minister of Defense, Pedro Morenes Eulate, who is...
Hisham Qandil Discusses Egyptian-Libyan Cooperation
Egypt >> 2/4/2013 - Prime Minister Hisham Qandil chaired on 3/2/2013 a ministerial meeting on vitalizing cooperation between Egypt and Libya. The meeting took into focus increasing the volume of trade and investments, en...
Suez Canal Serves International Navigation
Egypt >> 2/4/2013 - Head of the Suez Canal Authority Mohab Mameesh said on 3/2/2013 to the international maritime community and ships passing through the Canal that the Suez Canal with all its expertise and capabilities ...
Egypt Revenues Go up by LE 35 Billion
Egypt >> 2/4/2013 - The volume of Egypt's revenues rose by LE 35 billion reaching LE 303.6 billion of the Fiscal Year 2011/2012 with 14 per cent growth rate, according to the Finance Ministry's report. The tax revenues w...
Egypt Loses 2 Billion Cubic Meters of Water over Industrial Wastes
Egypt >> 2/4/2013 - Water Resources and Irrigation Minister Mohamed Baha El-Din said on 3/4/2013 that Egypt lost more than two billion cubic meters of water annually due to industrial wastes, adding the lost water is suf...
Qandil, el-Morsy Higazi Discuss Economic Woes
Egypt >> 2/5/2013 - The meeting took up the current economic problems due to the political unrest in the country and the need to resume work in all fields to overcome the crisis. On the other hand, Prime Minister Hisham ...
Black sand Project Approved in Egypt
Egypt >> 2/5/2013 - President Mohammed Morsi has approved the founding of a joint economic entity in coordination between the Nuclear materials Agency and Kafr El-Sheikh Governorate to run a project investing the black s...
Bilateral Relations between Saudi Arabia and South Korean
Saudi Arabia >> 2/5/2013 - Crown Prince Salman bin Abdulaziz Al Saud, Deputy Premier and Minister of Defense received a message from South Korean President Park Geun-hye. The message was delivered to the Crown Prince during an ...
Egypt's Foreign Reserves Enough for 3 Months of Imports
Egypt >> 2/5/2013 - Egypt's net foreign reserves are currently enough to cover only three months of the country's imports, Ashraf El-Arabi, minister of planning and international cooperation, stated. Earlier the same day...
Bilateral relations between Qatar & Chad
Qatar >> 2/5/2013 - HE the Prime Minister and Foreign Minister Sheikh Hamad bin Jassim bin Jabor Al Thani, met with Chadian ambassador to Qatar Tahir Al-Nazhif Khatir. Talks during the meeting dealt with bilateral relati...
CAPMAS: Reclaimed Lands up 151.6%
Egypt >> 2/6/2013 - The areas of reclaimed lands rose in the 2011-2012 by 151.6 per cent to stand at 39,000 feddans compared to 15,500 feddans in the previous year, said the Central Agency for Public Mobilization and Sta...
Mamish: Canal Transit Fees Determined by Economic Experts
Egypt >> 2/6/2013 - Chairman of the Suez Canal Mohab Mamish said transit fees of the Canal will be determine by a high level committee of experts and economists. He pointed out that they verified this issue upon accurate...
Pound Falls, CBE to Hold Extra Auction
Egypt >> 2/6/2013 - Egypt's central bank said that it had accepted bids worth $49.6 million with a cut-off price of LE6.7020 to the U.S. dollar at a foreign currency auction. The cut-off price at the previous auction, he...

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