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Economy
- Service : English
- Category : Economy
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World's largest container vessel crosses Suez Canal
Date: 2014-08-30 14:19:31 GMT - Egypt - Economy - SN:51 - ID:898448
The world's largest container ship transited the Suez Canal with a cargo of 200,000 tons, chairman of the Suez Canal Authority Mohab Memish said. Danish four-hundred meters long, and 59 meters wide "Madison Maersk" loaded with nearly 18,270 ....
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Oil minister inspects refineries in Suez
Date: 2014-08-30 08:49:00 GMT - Egypt - Economy - SN:36 - ID:897790
Petroleum Minister Sherif Ismail made surprise visits to oil companies in Suez Saturday. He inspected refineries at Suez Oil Processing Company, Petroleum Pipelines Company and Nasr Petroleum Company. ....
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57% West Africans have no access to electricity – AfDB
Date: 2014-08-30 07:30:56 GMT - Nigeria - Economy - SN:17 - ID:897627
The African Development Bank (AfDB) has said more than 57 percent of the people in West Africa are without access to electricity, Nigerian local media reported. The bank stated in its "West Africa Monitor Quarterly" for the second quarter of 2014 ....
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Bourse indexes up last week
Date: 2014-08-29 12:58:56 GMT - Egypt - Economy - SN:7 - ID:896901
The Egyptian Exchange indexes closed last week up and the market capital gained EGP 4.5 billion to hit EGP 524 billion or 1% higher than the week before. During the course of the week, the benchmark index EGX 30 jumped 0.66 percent to 9,435 ....
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Boosting gas production next phase in gov't plan: min.
Date: 2014-08-28 14:16:47 GMT - Egypt - Economy - SN:20 - ID:895777
Minister of Petroleum Sherif Ismail Thursday inspected a number of projects for natural gas production in the Western Desert and reviewed efforts exerted to increase productivity rates of gas. In statements, Ismail said the coming phase would ....
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Bourse gains EGP 1.2 bn
Date: 2014-08-28 14:14:40 GMT - Egypt - Economy - SN:19 - ID:895776
The Egyptian Exchange made gains at the close of the week's last trading session backed by purchases by local and foreign mutual funds and institutions of banking and financial services shares. The market capital achieved Thursday gains worth EGP ....
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Increasing lanes, making special roads for heavy-duty vehicles to limit accidents - minister
Date: 2014-08-28 09:42:20 GMT - Egypt - Economy - SN:8 - ID:895213
Egypt's transport minister Hani el-Dahi underlined the importance of increasing traffic lanes from 2 to 4 and making special roads to be accessible only by heavy-duty vehicles to avoid repeated road accidents. "We need two billion pounds annually ....
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Occhet-Qustul crossing to ease movement between Egypt, Sudan - Min.
Date: 2014-08-27 16:26:47 GMT - Egypt - Economy - SN:67 - ID:894401
Egyptian Transportation Minister Hany Dahy said on Wednesday that the newly-opened Occhet-Qustul border crossing will boost development and ease movement between Egypt and Sudan. In statements to MENA, the minister said the crossing will ....
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Qustul crossing is very important for Egypt, Africa: Min.
Date: 2014-08-27 16:13:52 GMT - Egypt - Economy - SN:62 - ID:894383
Minister of Trade and Industry Munir Fakhry Abdel Nour said Wednesday that qustul border crossing between Egypt and Sudan is very important to the two countries as well as the whole continent. Abdel Nour told MENA after participation in the ....
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EGX indexes show mixed performance
Date: 2014-08-27 13:11:44 GMT - Egypt - Economy - SN:54 - ID:894057
The Egyptian Exchange (EGX) showed mixed performance at the close of Wednesday's trading due to intensive sales by Egyptian investment funds and Arab investors. The market capital gained 1.4 billion pounds. The main benchmark EGX 30 index upped ....
