Economy

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  • Category : Economy
  • Egypt bourse continues upward trend, gains EGP 2.4bn

    Egypt bourse continues upward trend, gains EGP 2.4bn

    Date: 2014-11-27 16:18:08 GMT - Egypt - Economy - SN:23 - ID:1425609

    The Egyptian Exchange (EGX) continued its upward trend at the close of Thursday's trading, backed by intensive purchases by local and foreign investment funds. The market capital achieved gains worth 2.4 billion pounds to reach 524.02 billion ....

  • Agriculture minister to visit Italy Thursday

    Agriculture minister to visit Italy Thursday

    Date: 2014-11-26 17:39:49 GMT - Egypt - Economy - SN:53 - ID:1418381

    Agriculture minister Adel el-Beltagy will visit Italy on Thursday for a regional conference. The Euros Mediterranean gathering will be held on November 27 and 28 in the Italian city of Palermo. The conference will discuss regional ....

  • EGX gains EGP 5.4bln, all indexes up

    EGX gains EGP 5.4bln, all indexes up

    Date: 2014-11-26 17:20:06 GMT - Egypt - Economy - SN:49 - ID:1418197

    The Egyptian Exchange indexes were all up at the close of Wednesday’s trading session backed by purchases by foreign and local investment funds and institutions after the government beefed up measures to secure facilities and squares on November 28. ....

  • Egyptian economy recovering, says IMF

    Egyptian economy recovering, says IMF

    Date: 2014-11-26 08:47:24 GMT - USA - Economy - SN:22 - ID:1412809

    The International Monetary Fund (IMF) stressed that the Egyptian economy has begun to recover four years after a total economic slowdown. In a report issued at the end of the IMF delegation visit to Egypt, IMF's Midd East and Central Asia ....

  • Sisi welcomes AXA's intention to initiate business in Egyptian market

    Sisi welcomes AXA's intention to initiate business in Egyptian market

    Date: 2014-11-26 08:37:07 GMT - France - Economy - SN:18 - ID:1412685

    President Abdel Fattah El Sisi welcomed on Tuesday French AXA group's intention to start work in Egypt. The president made the remarks during a meeting with AXA's CEO Henri de Castries, presidential spokesman Alla Yusuf said. The boss of AXA ....

  • Egypt, Cyprus, Greece agree on fields of coop.

    Egypt, Cyprus, Greece agree on fields of coop.

    Date: 2014-11-26 08:20:18 GMT - Egypt - Economy - SN:9 - ID:1412513

    Egyptian Minister of Petroleum and Mineral Resources Sherif Ismail and his Cypriot and Greek counterparts discussed on Tuesday means of boosting cooperation in energy field. In a joint statement, the ministers said they held a fruitful ....

  • Petroleum min. meets Cypriot commerce min.

    Petroleum min. meets Cypriot commerce min.

    Date: 2014-11-25 15:14:33 GMT - Egypt - Economy - SN:29 - ID:1409365

    Minister of Petroleum Sherif Ismail met on Tuesday with Cypriot Minister of Commerce, Industry and Tourism Georgios Lakkotrypis in Nicosia. The meeting took up ways of boosting bilateral cooperation in the energy sector, a statement by Egypt's ....

  • 4 UK, German destroyers transit Suez Canal

    4 UK, German destroyers transit Suez Canal

    Date: 2014-11-25 12:50:45 GMT - Egypt - Economy - SN:18 - ID:1407565

    Four British and German destroyers transited the Suez Canal on Tuesday, an official source said. The battleships headed north from the Red Sea to the Mediterranean after a 12-hour journey through the canal, the source added. The vessels were ....

  • Economic growth expected to increase to 4% in FY 2014/15-- Minister

    Economic growth expected to increase to 4% in FY 2014/15-- Minister

    Date: 2014-11-25 12:31:01 GMT - Egypt - Economy - SN:19 - ID:1407597

    International Cooperation Minister Naglaa el-Ahawani has said the economic growth rate is expected to increase to 3.5-4 percent in the 2014/2015 fiscal year. The government is working on bringing down poverty levels, while providing more job ....

  • EFSA: Bourse records 70% gains in 12 months

    EFSA: Bourse records 70% gains in 12 months

    Date: 2014-11-25 06:12:33 GMT - Egypt - Economy - SN:2 - ID:1404117

    The Egyptian Financial Supervisory Authority chairman has said the Egyptian Exchange recorded gains close to 70 percent over 12 months ending in October. Speaking to Al-Arabiya news channel on Monday, Sherif Sami said the newly adopted economic ....

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