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Economy
- Service : English
- Category : Economy
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Egyptian Exchange indices up on Wednesday
Date: 2014-08-20 13:50:45 GMT - Egypt - Economy - SN:46 - ID:883187
The Egyptian Exchange (EGX) indices went up on Wednesday backed by active purchase operations of housing and real estate shares. The market capital gained 1.8 billion pounds to reach 521.7 billion pounds, amid transactions which hit about 1.5 ....
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Minister announces agreement to legalize status of Cairo suspended factories
Date: 2014-08-20 13:48:31 GMT - Egypt - Economy - SN:44 - ID:883181
Minister of Trade and Industry Munir Fakhry Abdel Nour said on Wednesday that an agreement was reached with the Housing Ministry to legalize the status of the small- and medium-sized factories in the industrial zone in the Third Settlement, New ....
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Industry ministry to provide qualified workers to Suez Canal project
Date: 2014-08-19 14:57:01 GMT - Egypt - Economy - SN:54 - ID:881524
Industry and Trade Minister Mounir Fakhry Abdel-Nour said that his ministry is keen on providing qualified workers to fulfill the needs of the New Suez Canal project. Coordination is underway between the Industrial Training Council and the ....
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EGX gains EGP 3.1bn, main index up 0.85 %
Date: 2014-08-19 14:24:11 GMT - Egypt - Economy - SN:48 - ID:881477
The Egyptian Exchange (EGX) gained 3.1 billion pounds at the end of trading Tuesday on the back of intensive purchase operations by foreign investment funds and Egyptians optimistic about the announcement of the consortium that will implement the ....
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WB: It's time for Egypt to reap benefits of Suez Canal project
Date: 2014-08-19 13:21:02 GMT - Egypt - Economy - SN:38 - ID:881367
World Bank's Country Director for Egypt Hartwig Schafer expressed his happiness over joining the mega project of the new Suez Canal by providing technical advice and partnership activities to assist in the preparation of the strategic and master ....
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39 vessels transit Suez Canal
Date: 2014-08-19 13:00:54 GMT - Egypt - Economy - SN:33 - ID:881337
Thirty-nine ships transited the Suez Canal on Tuesday, carrying a total cargo of 2.3 million tons. The south-bound convoy included 21 ships, carrying 1.1 million tons, while the north-bound convoy included 18 ships, carrying 1.2 million tons. ....
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60 vessels transit Suez Canal
Date: 2014-08-18 15:22:35 GMT - Egypt - Economy - SN:66 - ID:880060
Sixty ships transited the Suez Canal on Monday, carrying a total cargo of 2.736 million tons. The south-bound convoy included 30 ships, carrying 1.449 million tons, while the north-bound convoy included 30 ships, carrying 1.287 million tons. ....
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Egypt seeks no loans from IMF -- min.
Date: 2014-08-18 15:20:05 GMT - Egypt - Economy - SN:62 - ID:880054
Egypt seeks no loans from the International Monetary Fund, the finance minister said on Monday. "Reports that the government plans to ask for negotiations with the fund to get a loan of $10.4 billion are unfounded," said Hany Qadry. He ....
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Egypt bourse loses EGP 3mln, main index down by 1.35%
Date: 2014-08-18 12:24:12 GMT - Egypt - Economy - SN:54 - ID:879699
The Egyptian Exchange (EGX) indices went down on Monday amid intensive sale operations by foreign investors and local institutions and investment funds. The market capital lost about 3 billion pounds to reach 516.7 billion pounds, amid ....
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Gov't ponders issuing Suez Canal investment certificates in dollars, euros
Date: 2014-08-18 11:21:48 GMT - Egypt - Economy - SN:43 - ID:879531
Minister of Finance Hani Qadri said the government is studying the possibility of issuing New Suez Canal investment certificates in dollars and euros in response to demands of Egyptian expatriates. In statements on Monday, Qadri said the ....
