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Economy
- Service : English
- Category : Economy
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Egypt stocks gain EGP17.8 bln in November
Date: 2014-12-01 09:49:12 GMT - Egypt - Economy - SN:26 - ID:1447125
Egypt's stocks gained EGP 17.8 billion in November, hitting a capital of around EGP 522 billion this month compared to EGP 504.2 billion in October. The main benchmark EGX 30 index soared 2.11 percent to 9,308 points. The broader EGX 70 index ....
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Egypt bourse loses EGP 2bln, index down by 0.19 pct
Date: 2014-11-30 16:14:17 GMT - Egypt - Economy - SN:37 - ID:1443925
The Egyptian Exchange (EGX) indexes went down at the close of Sunday's tradings over sales by Arab investors due to a sharp decline of Gulf bourses. The market capital lost about 2 billion pounds to hit 522 billion pounds, amid transactions ....
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Abdel-Nour in Kuwait in mid January to form Egyptian-Kuwaiti cooperation council
Date: 2014-11-30 13:14:27 GMT - Kuwait - Economy - SN:22 - ID:1442657
Minister of Trade and Industry Monir Fakhry Abdel-Nour will visit Kuwait in mid January leading an Egyptian businessmen delegation to form an Egyptian-Kuwaiti cooperation council. An agreement was reached to establish an Egyptian-Kuwaiti ....
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Govt supports serious German tour operators - minister
Date: 2014-11-29 13:29:10 GMT - Egypt - Economy - SN:51 - ID:1436557
The government supports serious German tour operators, said Tourism Minister Hisham Zaazou. The minister made the remark during a press conference held on Saturday on board the tourism boat "Berlin" in the presence of Red Sea Governor Ahmed ....
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Egypt pays back $2.5 bln of Qatari deposit - CBE official
Date: 2014-11-29 07:33:31 GMT - Egypt - Economy - SN:16 - ID:1434089
The Central Bank of Egypt (CBE) on Friday paid back $2.5 billion of the Qatari deposit. A CBE official told MENA that $500 million unpaid deposit is scheduled to be paid back in the second half of 2015. Cash reserve of foreign currency was not ....
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Bourse indexes show mixed performance last week
Date: 2014-11-28 10:12:29 GMT - Egypt - Economy - SN:8 - ID:1429029
The Egyptian Exchange closed last week with losses amounting to EGP 1 billion and its indexes showed mixed performance. The capital market declined 0.2 percent to hit EGP 524 billion. During the course of the week, the benchmark index EGX 30 ....
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CBE keeps interest rate unchanged
Date: 2014-11-27 16:27:40 GMT - Egypt - Economy - SN:29 - ID:1425657
The Monetary Policy Committee at the Central Bank of Egypt (CBE) has kept the overnight interest rate unchanged. The rate is kept at 9.25 per cent for deposit and 10.25 percent for lending, the CBE said in a statement on Thursday. ....
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Supply min. sheds light on Damietta grain project
Date: 2014-11-27 16:22:38 GMT - France - Economy - SN:27 - ID:1425637
Visiting Egyptian Supply Minister Khaled Hanafy said he expounded on the Damietta project, which aims to turn Egypt into an international logistic hot spot for the trade of grains, at a meeting of the Egyptian French Presidential Business ....
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130 mil cubic meters dug at New Suez Canal
Date: 2014-11-27 16:21:42 GMT - Egypt - Economy - SN:26 - ID:1425633
Head of the Armed Forces' Engineering Authority Kamel el-Wazir said on Thursday that 130 million cubic meters have been dug at the newly-launched Suez Canal project so far. He added that 82 companies and 21, 000 workers have been working on the ....
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Pan-Arab tourism challenges discussed at Arab tourism ministers meet: Zaazou
Date: 2014-11-27 16:18:57 GMT - Egypt - Economy - SN:24 - ID:1425617
Minister of Tourism Hisham Zaazou has said there are several challenges to pan-Arab tourism topped by pre-entry visas and security threats. During his participation at the Council of Arab Tourism Ministers' meeting at Arab League HQ in Cairo on ....
