Economy

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  • Egypt bourse continues upward trend

    Egypt bourse continues upward trend

    Date: 2014-08-07 11:57:01 GMT - Egypt - Economy - SN:12 - ID:862879

    The Egyptian Exchange (EGX) continued its upward trend at the end of trading on Thursday, backed by intensive purchases by institutions and foreign investment funds. The market capital gained about 3.6 billion pounds to hit 510.4 billion pounds ....

  • CBE: total banking deposits rose in May

    CBE: total banking deposits rose in May

    Date: 2014-08-06 17:04:13 GMT - Egypt - Economy - SN:32 - ID:861795

    Total deposits of the banking system, other than those of the Central Bank of Egypt's (CBE), rose by about 21 billion pounds to hit 1.403 trillion pounds in May against 1.382 trillion pounds in the same period last year. The CBE said that the ....

  • Egypt's bourse indexes up

    Egypt's bourse indexes up

    Date: 2014-08-06 14:23:18 GMT - Egypt - Economy - SN:26 - ID:861533

    Egypt's bourse indexes on Wednesday maintained an upward trend amid intensive purchase operations by foreign funds and corporations. This comes at a time when President Abdel Fattah El Sisi announced the start of the Suez Canal development ....

  • Minister: ICT sector invests EGP 15 bn in Suez Canal project

    Minister: ICT sector invests EGP 15 bn in Suez Canal project

    Date: 2014-08-06 14:16:14 GMT - Egypt - Economy - SN:22 - ID:861510

    Minister of Communication and Information Technology Atef Helmy said the ministry will contribute to the Suez Canal Development project with launching major projects worth 13-15 billion pounds. "We will build communication and information ....

  • Finance, investment ministers to inaugurate Euromoney Egypt Conf. on Sept. 16

    Finance, investment ministers to inaugurate Euromoney Egypt Conf. on Sept. 16

    Date: 2014-08-05 16:29:59 GMT - Egypt - Economy - SN:37 - ID:860116

    Finance Minister Hani Qadri and Investment Minister Ashraf Suliman will inaugurate the 19th session of the Euromoney Egypt Conference, which will be held on September 16-17. In a statement on Tuesday, the foundation said that Qadri will review ....

  • Egypt's bourse indexes up

    Egypt's bourse indexes up

    Date: 2014-08-05 12:57:46 GMT - Egypt - Economy - SN:22 - ID:859615

    Egypt's bourse indexes on Tuesday maintained an upward trend amid intensive purchase operations by foreign funds and corporations. This comes at a time when President Abdel Fattah El Sisi has announced the start of the Suez Canal development ....

  • Egypt auctionsT-bonds worth EGP 3.5bln

    Egypt auctionsT-bonds worth EGP 3.5bln

    Date: 2014-08-04 14:30:18 GMT - Egypt - Economy - SN:53 - ID:857927

    The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 3.5 billion. The ministry said it sold three-year T-bonds worth EGP 1.5 billion and maturing on August 5, 2017. It also said it sold 7-year T-bonds (maturing ....

  • Suez Canal achieves cargo record

    Suez Canal achieves cargo record

    Date: 2014-08-04 14:26:46 GMT - Egypt - Economy - SN:48 - ID:857913

    Ships that transited the Suez Canal on Monday achieved a cargo record that reached 3.104 million as fifty ships sailed in the water way. The south-bound convoy included 22 ships, carrying 1.409 million tons and the north-bound convoy included ....

  • Suez Canal achieves cargo record

    Suez Canal achieves cargo record

    Date: 2014-08-04 12:19:02 GMT - Egypt - Economy - SN:47 - ID:857617

    Ships that transited the Suez Canal on Monday achieved a cargo record that reached 3.104 million as fifty ships sailed in the water way. The south-bound convoy included 22 ships, carrying 1.409 million tons and the north-bound convoy included 28 ....

  • Egypt, Czech to sign MoU to form trade committee

    Egypt, Czech to sign MoU to form trade committee

    Date: 2014-08-04 10:17:36 GMT - Egypt - Economy - SN:41 - ID:857334

    Egypt and Czech will sign a memorandum of understanding to form a committee tasked with addressing the problems facing trade exchange and attracting investments between the two sides, a Trade and Industry Ministry official said on Monday. Saeed ....

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