Economy

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  • Category : Economy
  • EGX indexes show mixed performance ahead of New Year

    EGX indexes show mixed performance ahead of New Year

    Date: 2014-12-30 13:30:17 GMT - Egypt - Economy - SN:36 - ID:1642921

    The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Tuesday's trading. The main benchmark EGX 30 index was up 0.53 percent to record 9,005.75 points. The broader EGX 70 index of the leading small and medium sized ....

  • Egypt records $410m balance of payment surplus

    Egypt records $410m balance of payment surplus

    Date: 2014-12-30 13:19:06 GMT - Egypt - Economy - SN:32 - ID:1642853

    Egypt's Balance of Payments (BOP) registered an overall surplus of 410 million dollars during the period from July to September of the 2014/2015 fiscal year compared to a 3.7 million during the same period last year, according to an official ....

  • Egyptian GDRs in London show mixed performance

    Egyptian GDRs in London show mixed performance

    Date: 2014-12-29 18:42:59 GMT - United Kingdom - Economy - SN:59 - ID:1638445

    The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance at the close of Monday's session. The GDRs of the Commercial International Bank rose 3.1 percent to 6.66 dollars. Meantime, the GDRs of ....

  • EBRD upgrades sanitation standards in Egypt

    EBRD upgrades sanitation standards in Egypt

    Date: 2014-12-29 17:00:11 GMT - United Kingdom - Economy - SN:54 - ID:1637769

    The European Bank for Reconstruction and Development (EBRD) is improving the living standards of almost 500,000 inhabitants of the Egyptian towns of Motobas, Desouk and Burullus with a €55 million loan for the expansion of wastewater treatment in ....

  • Bourse indexes rise slightly

    Bourse indexes rise slightly

    Date: 2014-12-28 13:40:26 GMT - Egypt - Economy - SN:51 - ID:1629349

    The Egyptian Exchange (EGX) indexes were slightly up at the close of trading on Monday backed by share purchases by foreign investment funds and institutions against sale operations by Egyptian individuals and investment funds. The market ....

  • 54 ships cross Suez Canal

    54 ships cross Suez Canal

    Date: 2014-12-28 12:21:30 GMT - Egypt - Economy - SN:46 - ID:1628637

    Fifty-four ships transited the Suez Canal on Sunday, carrying a total cargo of over 2.486 million tons. The north-bound convoy included 31 vessels, carrying 1.163 million tons, while the south-bound convoy included 23 ships, carrying 1.323 ....

  • Total debts of electricity ministry for petroleum sector reached EGP 44 bln

    Total debts of electricity ministry for petroleum sector reached EGP 44 bln

    Date: 2014-12-28 11:12:59 GMT - Egypt - Economy - SN:29 - ID:1627929

    Total debts of electricity ministry for the petroleum sector has reached about EGP 44 billion by the end of 2014 for the value of natural gas, mazut and diesel, an official source at Egyptian General Petroleum Authority (EGPC) said on Sunday. He ....

  • Irrigation min. to inaugurate development projects in S. Sudan in January

    Irrigation min. to inaugurate development projects in S. Sudan in January

    Date: 2014-12-26 09:32:37 GMT - Egypt - Economy - SN:8 - ID:1616489

    Minister of Water Resources and Irrigation Hossam Moghazi will inaugurate a number of development projects in South Sudan late in January. The projects come as part of the grants and aid offered by Egypt to support the main infrastructure, ....

  • EGX achieves EGP 18 bln gains at end of week trading

    EGX achieves EGP 18 bln gains at end of week trading

    Date: 2014-12-26 09:02:55 GMT - Egypt - Economy - SN:5 - ID:1616217

    The Egyptian Exchange (EGX) resumed its rise after three-week of retreat, making weekly gains worth EGP 18 billions, the bourse weekly report revealed. Stocks of the listed companies surged by 3.8 percent, posting EGP 494 billions compared to EGP ....

  • Egypt not affected by Russian grain exports ban

    Egypt not affected by Russian grain exports ban

    Date: 2014-12-24 17:13:54 GMT - Egypt - Economy - SN:44 - ID:1607573

    Egypt will not be affected by the Russian grain exports ban, said Deputy head of the General Authority For Supply Commodities (GASC) Mamdouh Abdel Fattah. Russia has stopped exporting grains, suspending shipments to customers including Egypt, ....

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