Economy

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  • Egyptian GDRs in London show mixed performance

    Egyptian GDRs in London show mixed performance

    Date: 2014-07-14 18:32:19 GMT - United Kingdom - Economy - SN:64 - ID:827381

    The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance at the close of Monday's session. The GDRs of the Orascom Telecom rose by 5.33 percent to hit 0.89 dollars. The GDRs of the ....

  • EGX bourse achieves collective gains, main index up 1.28 pct

    EGX bourse achieves collective gains, main index up 1.28 pct

    Date: 2014-07-14 17:43:41 GMT - Egypt - Economy - SN:52 - ID:827265

    The Egyptian Exchange (EGX) indices recorded collective gains at the end of today's trading, backed by intensive purchases from local, Arab and foreign investment funds. The market capital achieved gains worth 3.3 billion pounds to reach about ....

  • New system to sell subsidized bread adopted in some areas of Cairo

    New system to sell subsidized bread adopted in some areas of Cairo

    Date: 2014-07-14 08:42:53 GMT - Egypt - Economy - SN:26 - ID:826156

    A new system to sell subsidized bread came into effect in some areas in Cairo Monday. The new system will be applied to bakeries in other areas of Cairo as of Wednesday, Supply Minister Khaled Hanafi said, adding all Cairo bakeries will be ....

  • Investment minister meets Italy envoy

    Investment minister meets Italy envoy

    Date: 2014-07-13 10:48:48 GMT - Egypt - Economy - SN:9 - ID:824916

    Investment Minister Ashraf Salman on Sunday met with Italy's Ambassador in Cairo Maurizio Massari. They discussed ways to boost bilateral ties in all fields of energy, agriculture and foodstuffs. The meeting was attended by officials from the ....

  • Salman confers with Sudanese counterpart on investment coop.

    Salman confers with Sudanese counterpart on investment coop.

    Date: 2014-07-12 17:36:48 GMT - Egypt - Economy - SN:46 - ID:824135

    Investment Minister Ashraf Salman has conferred with his Sudanese opposite number Mostafa Osman on investment cooperation in the fields of agriculture, industry, construction and animal wealth. Osman voiced Sudan's desire to increase cooperation ....

  • Egypt consumes 15 million tons of wheat annually: min.

    Egypt consumes 15 million tons of wheat annually: min.

    Date: 2014-07-12 16:46:48 GMT - Egypt - Economy - SN:41 - ID:824100

    Minister of Agriculture Adel el-Beltagui said on Saturday that Egypt was considered the world's largest consumer of wheat as it consumes about 15 million tons annually, including 9 million tons of domestic production. He said that the annual ....

  • Transport min. inspects Alex. train station

    Transport min. inspects Alex. train station

    Date: 2014-07-12 14:34:16 GMT - Egypt - Economy - SN:33 - ID:823884

    Transport Minister Hani Dahi has inspected the upgrading project of Sidi Gaber train station in Alexandria province. The project aims to increase the station capacity and profits to EGP 35 million. The development project includes railroad's ....

  • Integrated plan to increase oil refineries output: Minister

    Integrated plan to increase oil refineries output: Minister

    Date: 2014-07-12 14:29:24 GMT - Egypt - Economy - SN:32 - ID:823872

    Petroleum Minister Sherif Ismail has said the ministry is carrying out an integrated plan to upgrade and increase the refineries output. "The plan aims to decrease fuel imports which will lead to reducing a huge burden on the state's budget," he ....

  • Integrated plan to increase oil refineries output: Minister

    Integrated plan to increase oil refineries output: Minister

    Date: 2014-07-12 11:23:33 GMT - Egypt - Economy - SN:30 - ID:823563

    Petroleum Minister Sherif Ismail has said the ministry is carrying out an integrated plan to upgrade and increase the refineries output. "The plan aims to decrease fuel imports which will lead to reducing a huge burden on the state's budget," he ....

  • Egyptians GDRs in London show mixed performance

    Egyptians GDRs in London show mixed performance

    Date: 2014-07-11 18:39:48 GMT - United Kingdom - Economy - SN:27 - ID:822859

    The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance at the close of Friday's session. The GDRs of the Orascom Telecom rose by 0.48 percent to hit 0.84 dollars. The GDRs of the ....

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