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Economy
- Service : English
- Category : Economy
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EGX indices show mixed performance
Date: 2014-07-02 13:05:21 GMT - Egypt - Economy - SN:25 - ID:808261
The Egyptian Exchange (EGX) showed a mixed performance at closing on Wednesday, prompted by sales by Arab and foreign funds and institutions countered by purchases by Egyptian investors. The benchmark index EGX 30 drew back 0.24 percent to reach ....
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Tawfik- Duba navigation line reopened
Date: 2014-07-02 12:11:56 GMT - Egypt - Economy - SN:19 - ID:808103
Transport Minister Hani Dahi has announced the reopening of the Port Tawfik- Duba navigation line. The line was reopened after a nine-year hiatus, said the minister. The halt has had a negative impact on the navigation movement between Egypt ....
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Egypt auctions T-bonds worth EGP 220 bln in Q1 2014/2015
Date: 2014-07-01 13:26:06 GMT - Egypt - Economy - SN:35 - ID:806743
The Finance Ministry plans to auction treasury bonds at a total value of EGP 220 billion during the first quarter of the current fiscal year 2014/2015. The ministry said it would auction 91-,182-, 273-. 364-day bonds with values of EGP 31.5, ....
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Egypt, Italy navigation line to re-operate for exports increase - min.
Date: 2014-07-01 13:24:24 GMT - Egypt - Economy - SN:34 - ID:806736
Minister of Trade and Industry Munir Fakhry Abdel Nour said on Tuesday that navigation line between Egypt and Italy should re-operate due to its importance in carrying Egypt's exports to Italy and the European Union. He said that he was keen on ....
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Nile water level remains unchanged
Date: 2014-07-01 13:02:11 GMT - Egypt - Economy - SN:31 - ID:806702
The Nile River water level recorded 174.16 meters on Tuesday, the same as the reading of Monday. Water released from Aswan Dam reached 240 million cubic meters which is the same amount of water coming freshly to Lake Nasser today, said a report ....
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Egyptian GDRs in Lodon stable
Date: 2014-06-30 17:23:55 GMT - United Kingdom - Economy - SN:65 - ID:805568
The Egyptian global depository receipts (GDRs) in the London Stock Exchange (LSE) showed stable performance at the close of Monday's trading. The GDRs of Orascom Telecom, EFG-Hermes and Orascom Construction Industries remained unchanged at ....
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New policies to improve citizens' standard of living - Minister
Date: 2014-06-30 16:10:45 GMT - Egypt - Economy - SN:63 - ID:805494
Finance Minister Hany Kadry said Monday his ministry will adopt policies to serve priority issues such as achieving social justice, improving the standard of living of citizens, and increasing investment rates. In a press conference, the ....
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42 vessels transit Suez Canal
Date: 2014-06-30 14:39:24 GMT - Egypt - Economy - SN:56 - ID:805295
Forty-two vessels transited the Suez Canal Monday carrying a total cargo of 1.857 million tons. The south-bound convoy included 19 ships, carrying a cargo of 970,000 tons and the north-bound convoy included 23 vessels with a combined cargo of ....
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Budget deficit to hit 80% of public debt in 3 years: finance min.
Date: 2014-06-30 14:38:59 GMT - Egypt - Economy - SN:55 - ID:805294
Minister of Finance Hani Qadry has said his ministry is taking several measures to control the public debt over the coming three years. He added in statements that the government debt would decrease from 93.7 percent of Gross Domestic Product ....
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Local development budget amounts to EGP 4.6 bln : minister
Date: 2014-06-30 14:38:25 GMT - Egypt - Economy - SN:54 - ID:805293
Minister of Local Development Adel Labib has said the new budget of his ministry amounts to EGP 4.6 bln. In statements, Labib said the ministry would give priority to projects of women development, extension of power coverage and meeting ....
