Economy

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  • Category : Economy
  • Egypt to offer 60,000 feddans for reclamation

    Egypt to offer 60,000 feddans for reclamation

    Date: 2014-04-09 07:24:20 GMT - Egypt - Economy - SN:2 - ID:657641

    Minister of Agriculture and Land Reclamation Ayman Farid Abu-Hadid has expressed Egypt's readiness to offer 60,000 feddans for reclamation. Abu-Hadid's statements came during an annual meeting of the Arab Fund for Economic and Social Development ....

  • 45 vessels transit Suez Canal

    45 vessels transit Suez Canal

    Date: 2014-04-08 14:50:07 GMT - Egypt - Economy - SN:30 - ID:656842

    Forty-five vessels transited the Suez Canal on Tuesday, carrying a total cargo of 2.4 million tons. The south-bound convoy included 20 ships, carrying 1.2 million tons, while the north-bound convoy included 25 vessels with a combined cargo of 1,2 ....

  • Egyptian bourse up, main index gains 2.32 pct

    Egyptian bourse up, main index gains 2.32 pct

    Date: 2014-04-08 14:13:16 GMT - Egypt - Economy - SN:27 - ID:656760

    Indices of the Egyptian Exchange (EGX) were up collectively at the closing of Tuesday's trading, prompted by purchases by investment funds and Egyptian and Arab institutions. The main benchmark EGX 30 index increased 2.32 percent reaching ....

  • Egypt auctions T-bonds

    Egypt auctions T-bonds

    Date: 2014-04-08 12:57:49 GMT - Egypt - Economy - SN:19 - ID:656529

    The Finance Ministry is due to auction treasury bills at a total value of EGP 79 billion in April. In an online statement, the ministry said it will auction 91-day T-bills, 182-day T-bills, 237 T-bills and 364-day T-bills at a total value hit 10, ....

  • Petroleum Authority signs contract with KPC

    Petroleum Authority signs contract with KPC

    Date: 2014-04-08 12:08:35 GMT - Egypt - Economy - SN:17 - ID:656394

    The Egyptian petroleum Authority signed a contract with Kuwait Petroleum Corporation (KPC) to increase amounts of petroleum products that Egypt imports from Kuwait. An official in the Ministry of Petroleum told MENA that the Egyptian Petroleum ....

  • CAPMAS: Cotton exports decreased 42 percent during 1st quarter of 2013-2014

    CAPMAS: Cotton exports decreased 42 percent during 1st quarter of 2013-2014

    Date: 2014-04-08 11:56:48 GMT - Egypt - Economy - SN:14 - ID:656366

    Central Agency for Public Mobilization and Statistics (CAPMAS) stated that Egyptian cotton exports from September to November 2013/2014 reached 79,600 tons against 137,400 tons in the same quarter of the previous year, recording a 42 percent ....

  • Belton expects value of Egyptian pound up

    Belton expects value of Egyptian pound up

    Date: 2014-04-08 11:29:32 GMT - Egypt - Economy - SN:13 - ID:656306

    Beltone Financial Holding Company, a major investment research company operating in Egypt, on Tuesday expected the value of the Egyptian pound to increase against the US dollar. The company added, in a study, that the increase value would hit 3.8 ....

  • Suez Canal's revenues drop due to 28-day month - IDSC

    Suez Canal's revenues drop due to 28-day month - IDSC

    Date: 2014-04-07 17:33:25 GMT - Egypt - Economy - SN:78 - ID:655146

    The Cabinet's Information and Decision Support Center (IDSC) attributed a 7.9% decline in Suez Canal revenues in February to the fact that the month had 28 days only. The revenues were calculated based on 28 days only, against January's 31 ....

  • FAO reveals trilateral food security plan for post-2015 agenda

    FAO reveals trilateral food security plan for post-2015 agenda

    Date: 2014-04-07 17:25:37 GMT - Egypt - Economy - SN:72 - ID:655132

    The United Nations Food and Agriculture Organization (FAO), the International Fund for Agricultural Development (IFAD) and the World Food Programme (WFP) have unveiled the results of their joint work to develop targets and indicators for a new ....

  • 41 vessels transit Suez Canal

    41 vessels transit Suez Canal

    Date: 2014-04-07 15:47:20 GMT - Egypt - Economy - SN:70 - ID:654958

    Forty-one vessels transited the Suez Canal on Monday, carrying a total cargo of 1.519 million tons. The south-bound convoy included 18 ships, carrying 805,000 tons, while the north-bound convoy included 23 vessels with a combined cargo of ....

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