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Economy
- Service : English
- Category : Economy
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55 vessels transit Suez Canal
Date: 2014-02-25 15:31:20 GMT - Egypt - Economy - SN:46 - ID:576478
Fifty-five vessels transited the Suez Canal on Tuesday, carrying a total cargo of 3.068 million tons. The south-bound convoy included 24 ships carrying 1.144 million tons, while the north-bound convoy included 31 vessels carrying a cargo of 1.924 ....
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Abdel Nour: Economic situation in Egypt showing progress
Date: 2014-02-25 15:28:02 GMT - Egypt - Economy - SN:45 - ID:576473
Outgoing minister of trade and industry Munir Fakhry Abdel Nour on Tuesday said that the economic situation in Egypt is showing marked progress day after another. At a meeting with a delegation of the International Finance Corporation, now ....
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Nile water level drops 2 cms
Date: 2014-02-25 14:13:16 GMT - Egypt - Economy - SN:39 - ID:576273
The Nile River water level dropped to 175.6 meters on Tuesday, two centimeters less than Monday's reading, said the Irrigation and Water Resources Ministry. Water released from the High Dam today reached 145 million cubic meters, said a report ....
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EGX chairman says economy needs political desire to achieve reform
Date: 2014-02-25 13:06:08 GMT - Egypt - Economy - SN:31 - ID:576108
The chairman of the Egyptian Exchange (EGX) Tuesday stressed the need to have a "political desire to achieve reform" in order for the national economy to rebound. This political will, however, should exist under a strong state, Mohamed Omran said ....
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Agriculture Ministry puts forward strategy for sustainable development
Date: 2014-02-25 12:09:02 GMT - Egypt - Economy - SN:21 - ID:575914
The Agriculture Ministry has put forward a strategy to achieve sustainable development until 2030, said caretaker Agriculture Minister Ayman Farid. The remarks were made during a symposium organized by Faculty of Economics and Political Science ....
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Umran: Investors upbeat over future conditions in Egypt
Date: 2014-02-25 11:42:09 GMT - Egypt - Economy - SN:19 - ID:575836
Head of the Egyptian Exchange (EGX) Mohammad Umran asserted that investors in the capital market are buying shares based on their future expectations for economic conditions in Egypt in the medium and long terms. In statements to MENA on Tuesday, ....
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Bourse's main index moves upward after govt resignation
Date: 2014-02-24 16:46:25 GMT - Egypt - Economy - SN:83 - ID:574617
The main index of the Egyptian Exchange (EGX) managed to move upward at the end of today's trading, backed by intensive purchases by foreign and Egyptian investors after the government's resignation. The market capital gained about 900 million ....
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Coordination between tourism ministry, ETAA "underway," says official
Date: 2014-02-24 13:39:40 GMT - Egypt - Economy - SN:69 - ID:574140
Tourism Minister Hisham Zazou urged the sector of tourism companies to work out new solutions to encounter current difficult circumstances that the tourism sector is witnessing. Coordination with the Egyptian Travel Agents Association (ETAA) is ....
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Egypt auctions T-bonds
Date: 2014-02-24 13:31:50 GMT - Egypt - Economy - SN:63 - ID:574120
The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 6 billion. In an online statement, the ministry said it sold EGP 2 billion of each of 5-year, 10-year and zero-coupon treasury bonds. A coupon of 13.058% was ....
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45 vessels transit Suez Canal
Date: 2014-02-24 12:42:41 GMT - Egypt - Economy - SN:57 - ID:573940
Forty-five vessels transited the Suez Canal on Monday, carrying a total cargo of 2.839 million tons. The south-bound convoy included 20 ships carrying 1.243 million tons, while the north-bound convoy included 25 vessels carrying a cargo of 1.596 ....
