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Economy
- Service : English
- Category : Economy
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US-Africa energy conf. in Ethiopia provided opportunity to do business in Egypt - ambassador
Date: 2014-06-07 10:33:07 GMT - Egypt - Economy - SN:25 - ID:765686
The US-Africa Energy Conference, which was hosted by Ethiopia, was a great opportunity for the foreign private companies to meet with the Egyptian delegation members to look into ways of carrying out investment projects in Egypt, said Egypt's ....
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UAE to finance establishment of 2 silos for wheat storage in Damietta, Amriya
Date: 2014-06-07 10:10:10 GMT - Egypt - Economy - SN:22 - ID:765627
The UAE will finance the establishment of two silos for wheat storage in Damietta and el-Amriya. An agreement between Egypt and the UAE was signed in this respect on Saturday. The Arab Organization for Industrialization will implement the ....
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Bourse indexes up last week
Date: 2014-06-06 08:59:07 GMT - Egypt - Economy - SN:1 - ID:764068
The Egyptian Exchange indexes closed last week up and the market capital gained EGP 10.3 billion to hit EGP 486.6 billion. During the course of the week, the benchmark index EGX 30 jumped 3.1 percent to 8,499 points, said a weekly report issued ....
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Bourse off on Sunday for Sisi inauguration
Date: 2014-06-05 16:54:22 GMT - Egypt - Economy - SN:31 - ID:763400
The Egyptian Stock Exchange will close on Sunday, June 8, for celebrations as former defense minister Abdel-Fatah Sisi will be sworn-in as the country's new president. The bourse will resume trading on Monday, June 9. ....
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Agriculture Minister unveils plan to reclaim 4 million feddans in 3 years
Date: 2014-06-05 12:26:14 GMT - Egypt - Economy - SN:25 - ID:762830
Agriculture Minister Ayman Farid Abu Hadid said that the Ministry has prepared a plan to reclaim four million feddans over the next three years. The plan will be implemented by the government, the private sector and investors with the aim of ....
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EGX doubles profits in midday session
Date: 2014-06-05 12:06:41 GMT - Egypt - Economy - SN:22 - ID:762767
The Egyptian Exchange doubled its gains during midday trading with firm share purchases by Egyptian and foreign institutions and mutual funds. The market capital gained EGP 10.3 billion to reach EGP 480.7 billion. The benchmark index EGX 30 rose ....
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Egypt forex reserves decline by $206 mn in May
Date: 2014-06-05 12:03:02 GMT - Egypt - Economy - SN:21 - ID:762756
The country's foreign currency reserves were down by $206 million to $17.283 billion in May compared with $17.489 billion in April, the Central Bank of Egypt said Thursday. The decline is deemed acceptable in light of the current circumstances ....
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Egypt's bourse makes more gains after Beltone offer for Hermes stakes
Date: 2014-06-05 09:00:24 GMT - Egypt - Economy - SN:11 - ID:762225
The Egyptian Exchange made strong collective gains at early trading on Thursday prompted by purchases by Egyptian investors, institutions and foreign investment funds following news on Beltone's offer for Hermes shares. Beltone Group board and a ....
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12 new projects in Beheira worth EGP 23 million
Date: 2014-06-04 16:18:04 GMT - Egypt - Economy - SN:62 - ID:761396
The government approved Wednesday 12 new investment projects in Beheira. The projects with a total cost of 23.75 million pounds will be creating more than 300 job opportunities, Beheira governor Mustafa Hadhoud said. They will be ....
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Egyptian GDRs in London unchanged
Date: 2014-06-04 16:05:38 GMT - United Kingdom - Economy - SN:61 - ID:761361
The Egyptian global depository receipts (GDRs) in the London Stock Exchange (LSE) showed stable performance at the close of Wednesday's trading. The GDRs of Orascom Telecom, EFG-Hermes and Orascom Construction Industries remained unchanged at ....
