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Economy
- Service : English
- Category : Economy
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Bourse gains EGP 4.1bln, main index up 1.13 percent
Date: 2014-06-30 14:37:55 GMT - Egypt - Economy - SN:53 - ID:805292
The Egyptian Exchange (EGX) indexes rose collectively at the close of Monday's trading backed by purchases of Arab and foreign investment funds and institutions. The market capital gained about 4.17 billion pounds to reach 477.64 billion ....
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Bourse concludes three Block Trading deals of 1.366 billion pounds
Date: 2014-06-30 11:37:41 GMT - Egypt - Economy - SN:41 - ID:804908
The Egyptian Exchange made on Monday three Block Trading transactions worth 1.366 billion pounds. In a statement, the bourse said the first transaction was held on 35.404 million shares of the Commercial International Bank (CIB) at a total value ....
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Egyptian bourse shows mixed performance, main index down by 0.28 pct
Date: 2014-06-30 08:23:08 GMT - Egypt - Economy - SN:13 - ID:804492
The Egyptian Exchange (EGX) indexes showed mixed performance at the close of Sunday's trading due to intensive share sales by foreign and Arab investors. A state of anticipation prevailed among investors after receiving news of President Abdel ....
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Finance Min. to announce new budget plan in press conference
Date: 2014-06-30 07:43:17 GMT - Egypt - Economy - SN:1 - ID:804408
Finance Minister Hani Qadri would hold a press conference on Monday to announce the new state budget plan and packages of reforms contained in it. The Ministry said in a statement that President Abdel Fattah El Sisi approved on Sunday the state ....
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Labib: EGP 3.6 bn allocated for local development projects in new budget
Date: 2014-06-29 10:30:29 GMT - Egypt - Economy - SN:18 - ID:803274
Minister of Local Development General Adel Labib said EGP 3.6 billion has been allocated for carrying out development projects in all governorates in the state budget 2014/2015. In statements on Sunday, Labib said five main programs, including ....
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Tourism minister: Special programs to lure Arab tourists to Egypt
Date: 2014-06-29 09:53:57 GMT - Kingdom of Saudi Arabia - Economy - SN:16 - ID:803209
Minister of Tourism Hisham Za'azou said special tourist programs with competitive prices will start as of the current week end to lure Arab tourists to Egypt. In statements to the Saudi "Al-Watan" newspaper out on Sunday, the minister said the ....
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3 mln cards for petroleum products to be distributed over 3 months- min.
Date: 2014-06-28 15:27:25 GMT - Egypt - Economy - SN:47 - ID:802475
As many as three million of smart cards, made for subsidized petroleum products, will be distributed in the coming three months, Ashraf el-Arabi, the minister of planning , follow-up and administrative reform said Saturday. Arabi said the ....
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No exceptions in maximum wage law: Planning min.
Date: 2014-06-28 13:48:22 GMT - Egypt - Economy - SN:44 - ID:802308
Planning Minister Ashraf El Arabi has said that the maximum wages limit would be applied with no exception. The minister denied lowering the maximum salary limit to EGP 30,000, adding "such reports are unfounded." The ministry of planning ....
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Planning Ministry to outline administrative reform plan
Date: 2014-06-28 12:00:32 GMT - Egypt - Economy - SN:35 - ID:802061
The Planning Ministry's plan for administrative reform will be outlined within a month with a one-year application term, Minister Ashraf el-Arabi said. During a press conference Saturday, Arabi said the file will include reforming the wages ....
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Nile level remains unchanged
Date: 2014-06-28 11:31:43 GMT - Egypt - Economy - SN:37 - ID:802074
The Nile River water level recorded 174.16 meters on Saturday, the same as the reading of Friday. 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 ....
