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Economy
- Service : English
- Category : Economy
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Egypt to host summit on tripartite trade zone late 2014
Date: 2014-07-30 11:10:57 GMT - Egypt - Economy - SN:27 - ID:850720
Egypt will be hosting summit talks on a tripartite free trade zone late in 2014, Trade and Industry Minister Mounir Fakhry Abdel-Nour said. This will be the third such meeting on the issue. The first was held in Uganda in 2008 and the second in ....
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Mahlab: Ministerial committee visiting Toshka to solve problems
Date: 2014-07-23 12:03:18 GMT - Egypt - Economy - SN:25 - ID:841703
Prime Minister Ibrahim Mahlab said the Toshka project is of great importance with its infrastructure that has exceeded EGP 6.5 billion and expected to be multiplied. A ministerial committee is visiting Toshka to get acquainted with problems ....
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Nile water level unchanged
Date: 2014-07-22 16:04:22 GMT - Egypt - Economy - SN:38 - ID:840670
The Nile River water level remained unchanged on Tuesday, recording Monday's same reading of 173.83 meters. Water released from the Aswan Dam reached 245 million cubic meters and the amount of water coming freshly to Lake Nasser was registered at ....
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EGX gains EGP 2.4 bln
Date: 2014-07-22 13:21:37 GMT - Egypt - Economy - SN:27 - ID:840255
The Egyptian Exchange (EGX) indices rebounded at the end of Tuesday's trading, backed by intensive purchases from Arab and foreign investment funds and institutions. The market capital gained 2.4 billion pounds to reach 491.2 billion pounds, ....
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EGX loses EGP 3 bln; index down 1.22%
Date: 2014-07-21 15:39:48 GMT - Egypt - Economy - SN:40 - ID:838884
The Egyptian Exchange indexes closed Monday down as the market capital lost EGP 3 billion to settle at 488.85 billion. During today's trading, benchmark index EGX 30 went down by 1.22 percent to 8,471.15 points. The broader EGX 70 index of ....
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Egypt's bourse to deactivate precautionary measures taken after Jan 25 revolution
Date: 2014-07-21 10:20:59 GMT - Egypt - Economy - SN:24 - ID:838173
The Egyptian bourse agreed with the Egyptian Financial Supervisory Authority (EFSA) to cancel all precautionary measures that were imposed on trading since the bourse's reopening in March 2011 following the January 25 revolution. A pre-session, ....
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91-, 273-day T-bills auctioned
Date: 2014-07-20 14:28:22 GMT - Egypt - Economy - SN:35 - ID:837042
The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 5.5 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 91-day T-bills with an average yield of 11.826%, adding it accepted bids at rates ....
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Citizens' complaints to be resolved within two weeks: Irrigation minister
Date: 2014-07-19 16:36:01 GMT - Egypt - Economy - SN:49 - ID:835573
Minister of Water Resources and Irrigation Hossam Moghazi directed the ministry's bodies concerned to quickly resolve the complaints of citizens and take the necessary measures within two weeks. The decision comes within the framework of the ....
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Egyptian GDRs in London show mixed performance
Date: 2014-07-19 07:34:54 GMT - United Kingdom - Economy - SN:8 - ID:834558
The Egyptian global depository receipts (GDRs) traded in the London Stock Exchange showed mixed performance at the close of Friday's session. The GDRs of the EFG Hermes rose by 9.76 percent to hit 4.50 dollars. The GDRs of the Commercial ....
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Bourse indexes up last week
Date: 2014-07-18 11:28:19 GMT - Egypt - Economy - SN:9 - ID:833476
The Egyptian Exchange indexes closed last week up and the market capital gained EGP 6.7 billion to hit EGP 494.2 billion. During the course of the week, the benchmark index EGX 30 jumped 2.14 percent to 8,638 points, said a weekly report issued ....
