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Economy
- Service : English
- Category : Economy
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Modern grain storage units to be established -- minister
Date: 2014-06-16 09:31:50 GMT - Egypt - Economy - SN:35 - ID:780521
Modern storage units will be established in all provinces to store grains, said the supply minister on Monday. The plan was discussed at a meeting Khaled Hanafy held with David Blumberg, CEO of Blumberg Grain. The planned units will preserve ....
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Abdel-Nour opens forum on Egypt-US business development tomorrow
Date: 2014-06-15 16:54:12 GMT - Egypt - Economy - SN:44 - ID:779657
Minister of Trade and Industry Munir Fakhry Abdel-Nour opens Monday a forum organized by the US Middle East Institute on development of businesses between Egypt and the US. The forum will be held under the auspices of the Prime Minister with ....
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Bourse indexes down
Date: 2014-06-15 14:08:10 GMT - Egypt - Economy - SN:32 - ID:779321
The Egyptian Exchange (EGX) indexes went down collectively Sunday due to intensive share sales by foreign investors. The market capital lost about EGP 2.9 billion to reach EGP 493 billion after transactions reached EGP 774 million. The main ....
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Trade min. discusses activating Egypt-Czech business council
Date: 2014-06-14 14:58:12 GMT - Egypt - Economy - SN:49 - ID:777744
Minister of Trade, Industry and Investment Mounir Fakhri Abdel-Nour discussed Saturday ways of activating the Egyptian-Czech business council for boosting bilateral investment cooperation. The minister also discussed potentials of establishing a ....
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Bourse indexes up last week
Date: 2014-06-14 09:08:23 GMT - Egypt - Economy - SN:23 - ID:777027
The Egyptian Exchange indexes closed last week up and the market capital gained EGP 9.3 billion to hit EGP 496 billion. During the course of the week, the benchmark index EGX 30 jumped 2.91 percent to 8,746 points, said a weekly report issued by ....
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Port Said Ports authority head arrested for bribe charges
Date: 2014-06-13 17:18:55 GMT - Egypt - Economy - SN:25 - ID:776470
The Port Said Ports Authority's chief Ahmed Sharaf was arrested on Friday for getting a bribe from a company to facilitate its work in violation of the law. Sharaf is accused of taking money from a private company to facilitate the firm's ....
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Agriculture minister urges solar energy usage
Date: 2014-06-13 13:38:35 GMT - Egypt - Economy - SN:15 - ID:776136
Minister of Agriculture Ayman Abu Hadid has underlined the importance of using solar energy as an alternative energy in agricultural projects and irrigation. During a meeting Friday with a committee on irrigation development, Abu Hadid called ....
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182-,364-day T-bills auctioned
Date: 2014-06-12 14:10:11 GMT - Egypt - Economy - SN:26 - ID:774690
The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 7 billion. In an online statement, the ministry said it sold EGP 3 billion of 182-day T-bills. The average yield was 10.874%, it said, adding it accepted bids at ....
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EGX indexes show varied performance
Date: 2014-06-12 13:49:33 GMT - Egypt - Economy - SN:20 - ID:774657
The Egyptian Stock Exchange (EGX) showed varied performance at the close of trading on Thursday. The market capital recorded gains worth 2.2 billion pounds amid intensive sales by Egyptian and Arab investors and strong purchases by foreign ....
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EGP 1.28 billion transaction on Amer Group shares
Date: 2014-06-12 11:36:27 GMT - Egypt - Economy - SN:15 - ID:774337
The Egyptian Stock Exchange made a 1.28 billion pounds transaction on 876 million shares of Amer Group as part of the new Block Trading mechanism designed for for large volume transactions. In a statement, the bourse said the share was sold for ....
