Economy

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  • Category : Economy
  • Nile water level drops

    Nile water level drops

    Date: 2014-04-22 14:25:16 GMT - Egypt - Economy - SN:41 - ID:682016

    The Nile River water level dropped Tuesday, recording 175.04 meters, two centimeters less than yesterday. Water released from the Aswan Dam reached 175 million cubic meters and the amount of water coming freshly to Lake Nasser reached 71 million ....

  • Economic ministerial group meets under Mahlab

    Economic ministerial group meets under Mahlab

    Date: 2014-04-22 13:17:01 GMT - Egypt - Economy - SN:30 - ID:681832

    The economic ministerial group started its meeting on Tuesday under Prime Minister Ibrahim Mahlab to discuss a number of important economic issues, especially the domestic financial situation, foreign exchange markets and markets control. The ....

  • Suez Canal vessels cargoes hit record high

    Suez Canal vessels cargoes hit record high

    Date: 2014-04-22 12:44:50 GMT - Egypt - Economy - SN:26 - ID:681758

    The cargoes laden at the vessels transiting the Suez Canal registered a record high on Tuesday. Fifty-two vessels transited the Suez Canal on Tuesday, carrying a total cargo of 4.324 million tons. The south-bound convoy included 30 ships, ....

  • Report: Fuel cards improve subsidy system, reduce smuggling

    Report: Fuel cards improve subsidy system, reduce smuggling

    Date: 2014-04-22 06:42:34 GMT - Egypt - Economy - SN:3 - ID:680906

    A newly-launched chip-and-pin scheme for fuel purchases in Egypt is playing a key part in the roll out of the country’s long-awaited and ambitious subsidy reform program, bringing the concepts and technology behind electronic payments to the fore, a ....

  • Egypt Exchange off on Thursday on occasion of Sinai Liberation Day

    Egypt Exchange off on Thursday on occasion of Sinai Liberation Day

    Date: 2014-04-21 12:09:39 GMT - Egypt - Economy - SN:27 - ID:680063

    Thursday, April 24 will be a day off at the Egyptian Exchange (EGX) on the occasion of Sinai Liberation Day. The exchange will resume work tomorrow after the end of the Easter and Sham El-Nessim holidays, EGX chairman Mohamed Omran told MENA on ....

  • Petroleum min. pays surprise visit to Mineral Resources Authority

    Petroleum min. pays surprise visit to Mineral Resources Authority

    Date: 2014-04-18 15:43:36 GMT - Egypt - Economy - SN:12 - ID:675478

    Petroleum Minister Sherief Ismail paid Friday a visit to the Mineral Resources Authority HQs. During the visit, Ismail met with staffers and senior officers and inspected the body's information and documentation center, urging for protecting ....

  • Egyptian bourse up during last week trading

    Egyptian bourse up during last week trading

    Date: 2014-04-18 09:26:36 GMT - Egypt - Economy - SN:7 - ID:674786

    All indexes of the Egyptian Exchange (EGX) were up during last week trading. During the course of the week, the benchmark EGX 30 index rose by 2.59 percent reaching 8,104 points, said a weekly report issued by the Egyptian Exchange, of which MENA ....

  • Ethiopia, S. Sudan discuss Renaissance Dam

    Ethiopia, S. Sudan discuss Renaissance Dam

    Date: 2014-04-18 08:06:43 GMT - Ethiopia - Economy - SN:5 - ID:674609

    Ethiopia's Prime Minister Hailemariam Desalegn said Thursday that his talks with South Sudan President Salva Kiir tackled the Renaissance Dam. Desalegn was quoted by the Ethiopian news agency as saying that he inquired about Kiir's latest visit ....

  • Egyptian GDRs in London stable

    Egyptian GDRs in London stable

    Date: 2014-04-17 17:53:36 GMT - United Kingdom - Economy - SN:56 - ID:674170

    The Egyptian global depository receipts (GDRs) in the London Stock Exchange showed stable performance at the close of Thursday's trading. The GDRs of Orascom Telecom, EFG-Hermes and Orascom Construction Industries remained unchanged at 0.85, ....

  • Egypt bourse gains EGP 1.7bn, main index up 0.29%

    Egypt bourse gains EGP 1.7bn, main index up 0.29%

    Date: 2014-04-17 14:39:30 GMT - Egypt - Economy - SN:37 - ID:673768

    Egyptian Exchange (EGX) registered gains at the close of Thursday's trading backed by intensive purchases by investment funds and local institutions. The market capital achieved gains worth 1.7 billion pounds, registering 477.7 billion pounds, ....

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