Economy
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- Category : Economy
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44 ships transit Suez Canal
Date: 2014-09-30 13:53:20 GMT - Egypt - Economy - SN:28 - ID:1044185
Forty-four ships transited the Suez Canal on Tuesday carrying around 2.5 million tons. The south-bound convoy included 23 ships carrying 1.4 million tons, while the north-bound convoy included another 21 ships carrying 1.1 million tons. ....
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Egypt auctions T-bonds
Date: 2014-09-29 15:30:21 GMT - Egypt - Economy - SN:58 - ID:1037697
The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 4 billion. In an online statement, the ministry said it sold EGP 2.25 billion of 3-year, EGP 750 million of 7-year and EGP 1 billion of zero-coupon treasury ....
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Egypt bourse indices up, main index jumps 1.84%
Date: 2014-09-29 13:39:06 GMT - Egypt - Economy - SN:55 - ID:1036765
The Egyptian Exchange made gains at the close of Monday's trading session backed by purchases of local investors and institutions and investment funds. The market capital achieved gains worth EGP 2.5 billion to reach EGP 525.5 billion after ....
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State institutions to start soon rationalizing energy - minister
Date: 2014-09-29 09:45:10 GMT - Egypt - Economy - SN:32 - ID:1034077
Finance Minister Hani Qadri said on Monday the government institutions will start soon taking necessary measures to rationalize the use of energy. These institutions have already started buying necessary power-saving equipment and are working on ....
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EGX wins award of Most Innovative African Exchange
Date: 2014-09-29 09:31:32 GMT - Egypt - Economy - SN:30 - ID:1033985
The Egyptian Exchange has won the award of the Most Innovative African Exchange. An EGX statement said Monday the award had been announced in a huge ceremony at New York Stock Exchange (NYSE). EGX chairman Mohamed Omran said "I am happy of the ....
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Japanese businesswomen willing to invest in Egypt - diplomat
Date: 2014-09-29 08:44:57 GMT - Egypt - Economy - SN:25 - ID:1033593
Egypt's Ambassador here Hesham El-Zemeti said the embassy organized a forum for the Japanese Women's Business Association to promote for investment in Egypt with the participation of more than 70 figures of the Japanese business society. In ....
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Agriculture min., Baz meets to discuss new reclamation project
Date: 2014-09-28 16:48:18 GMT - Egypt - Economy - SN:42 - ID:1031217
Agriculture Minister Adel el-Beltagi on Sunday met with the Egyptian prominent geologist Farouk el-Baz at the cabinet headquarters to discuss a new plan to reclaim one million acres in 11 areas. In the meeting, el-Baz briefed the minister on a ....
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Egypt Bourse off for 3 days to mark Eidul-Adha, Oct. victory celebrations
Date: 2014-09-28 15:58:58 GMT - Egypt - Economy - SN:38 - ID:1030981
The Egyptian Exchange (EGX) will be closed as of Sunday, October 5 until Tuesday October 7 on the occasion of Eidul-Adha (Greater Bairam) and the Sixth of October war victory celebrations. Trading will be resumed on Wednesday, October 8, said ....
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Transport minister inspects Damietta port
Date: 2014-09-28 12:58:42 GMT - Egypt - Economy - SN:33 - ID:1029437
Transport Minister Hani Dahi inspected Damietta Port Sunday. Damiettta Governor Mohamed Mansour and head of the port Abdel-Qadr were on hand to receive the minister. The minister inspected the operations center of the port and listened to a ....
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More efforts urged to fill gap between production, consumption - minister
Date: 2014-09-28 12:45:37 GMT - Egypt - Economy - SN:32 - ID:1029317
Egypt's Petroleum Minister Sherif Ismail underlined on Sunday the importance of exerting more efforts to fill the gap between production and consumption. The minister, in a meeting with the heads of natural gas companies, underlined the ....