Economy

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  • Category : Economy
  • 44 ships transit Suez Canal

    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. ....

  • Egypt auctions T-bonds

    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 ....

  • Egypt bourse indices up, main index jumps 1.84%

    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 ....

  • State institutions to start soon rationalizing energy - minister

    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 ....

  • EGX wins award of Most Innovative African Exchange

    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 ....

  • Japanese businesswomen willing to invest in Egypt - diplomat

    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 ....

  • Agriculture min., Baz meets to discuss new reclamation project

    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 ....

  • Egypt Bourse off for 3 days to mark Eidul-Adha, Oct. victory celebrations

    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 ....

  • Transport minister inspects Damietta port

    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 ....

  • More efforts urged to fill gap between production, consumption - minister

    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 ....

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