Economy

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  • Category : Economy
  • Suez Canal revenues hit EGP 3.6bln in August

    Suez Canal revenues hit EGP 3.6bln in August

    Date: 2014-09-03 15:03:06 GMT - Egypt - Economy - SN:65 - ID:904900

    Revenues of the Suez Canal amounted to 3.6 billion pounds in August. Revenues from the waterway have been the highest since the inauguration of the canal in 1869, said Mohab Mamish, the chairman of the Suez Canal Authority, Wednesday. ....

  • Awqaf ministry to purchase Suez Canal project investment certificates

    Awqaf ministry to purchase Suez Canal project investment certificates

    Date: 2014-09-03 14:54:50 GMT - Egypt - Economy - SN:62 - ID:904874

    An Awqaf Ministry fund decided Wednesday to pay 400 million pounds to purchase investment certificates of the Suez Canal development project. This comes as part of Awqaf Minister Mohamed Mokhtar Gomaa's directives to contribute to this ....

  • EGX indices show mixed performance

    EGX indices show mixed performance

    Date: 2014-09-03 14:25:23 GMT - Egypt - Economy - SN:60 - ID:904793

    The Egyptian Exchange (EGX) showed mixed performance at the close of Wednesday's trading due to profit-taking. The market capital lost 671 million pounds.The main benchmark EGX 30 index upped by 0.04 percent, reaching 9,627.6 points. The ....

  • 58 ships transit Suez Canal

    58 ships transit Suez Canal

    Date: 2014-09-03 11:46:50 GMT - Egypt - Economy - SN:52 - ID:904459

    Fifty-eight ships transited the Suez Canal on Wednesday carrying 3.3 million tons. The south-bound convoy included 26 ships carrying 1.4 million tons, while the north-bound convoy was carrying 1.9 million tons. ....

  • EGX indexes hit record highs in 75 months

    EGX indexes hit record highs in 75 months

    Date: 2014-09-02 13:46:07 GMT - Egypt - Economy - SN:19 - ID:903009

    The Egyptian Exchange (EGX) gained 5.2 billion pounds at the end of trading Tuesday, driving indexes up to highest records in 75 months. The market capital hit 528.8 billion pounds. The EGX 30 benchmark index rose by 1.82 percent to close at ....

  • Finance Ministry auctions T-bills worth LE 2.5 billion

    Finance Ministry auctions T-bills worth LE 2.5 billion

    Date: 2014-09-01 16:52:14 GMT - Egypt - Economy - SN:68 - ID:901695

    The Finance Ministry auctioned on Monday treasury bills at a total value of LE 2.5 billion. In an online statement, the ministry said it auctioned the three-year T-bills worth 2 billion EGP, with average yield 14.009 %, adding it accepted bids ....

  • Egypt bourse indices up

    Egypt bourse indices up

    Date: 2014-09-01 16:49:39 GMT - Egypt - Economy - SN:65 - ID:901691

    The Egyptian Exchange made gains at the close of Monday's trading session backed by purchases by Egyptian institutions and investment funds. The market capital gained about 459 million pounds to hit 523.5 billion pounds, amid transactions ....

  • 33 vessels transit Suez Canal

    33 vessels transit Suez Canal

    Date: 2014-09-01 16:48:53 GMT - Egypt - Economy - SN:64 - ID:901689

    Thirty-three ships transited the Suez Canal on Monday, carrying a total cargo of 2.99 million tons. The south-bound convoy included 18 ships, carrying 1.224 million tons, while the north-bound convoy included 15 ships, carrying 875.000 tons. ....

  • Coordination to increase Egyptian exports to Russia - minister

    Coordination to increase Egyptian exports to Russia - minister

    Date: 2014-09-01 12:24:37 GMT - Egypt - Economy - SN:60 - ID:901167

    Trade and Industry Minister Mounir Fakhry Abdel-Nour said that coordination is underway between Egyptian and Russian companies to meet the needs of the Russian markets from food commodities and agriculture products. During a meeting held Monday ....

  • 33 vessels transit Suez Canal

    33 vessels transit Suez Canal

    Date: 2014-09-01 12:03:50 GMT - Egypt - Economy - SN:56 - ID:901109

    Thirty-three ships transited the Suez Canal on Monday, carrying a total cargo of 2.99 million tons. The south-bound convoy included 18 ships, carrying 1.224 million tons, while the north-bound convoy included 15 ships, carrying 875.000 tons. ....

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