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Economy
- Service : English
- Category : Economy
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56 ships transit Suez Canal
Date: 2013-12-10 18:49:00 GMT - Egypt - Economy - SN:59 - ID:433496
Fifty-six ships transited the Suez Canal on Tuesday, carrying a total cargo of 3.252 million tons. The south-bound convoy included 33 ships, carrying 1.949 million tons, while the north-bound convoy included 23 ships, carrying 1.303 million tons. ....
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CCFE chief highlights importance of supporting SME in agro sector
Date: 2013-12-10 14:12:07 GMT - Egypt - Economy - SN:28 - ID:432935
The chairperson of the French Chamber of Commerce in Egypt (CCFE) highlighted the importance of supporting small- and medium-scale enterprises in the field of food industries. The remarks were made at the opening of a symposium entitled ....
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Industry minister says Cabinet to confer on establishing independent authority of mines
Date: 2013-12-10 13:54:49 GMT - Egypt - Economy - SN:26 - ID:432890
The Cabinet will convene Wednesday to discuss a draft law on establishing an independent authority of mines and quarries so as to avoid multiplicity of bodies concerned with this strategic industry, Industry Minister Mounir Fakhri Abdel-Nour said ....
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Industry minister calls for reaching social justice
Date: 2013-12-10 12:17:22 GMT - Egypt - Economy - SN:16 - ID:432669
Minister of Trade and Industry Mounir Fakhri Abdennour undelined the need to reach social justice in its broad spectrum in terms of providing suitable service to nationals and not just offer them suitable salaries taking into account the minimum ....
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Saudi cabinet agrees to maintain oil output ceiling
Date: 2013-12-09 17:25:30 GMT - Kingdom of Saudi Arabia - Economy - SN:60 - ID:431452
The Saudi Cabinet decided Monday to maintain its oil production ceiling and hailed the current stability on the international petroleum market. The cabinet further affirmed that the kingdom will continue to oversee the latest developments in ....
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Major companies expected to be listed on EGX in 2014
Date: 2013-12-09 13:10:08 GMT - Egypt - Economy - SN:54 - ID:430927
Egyptian Exchange Chairman Mohamed Omran expected that between three and five major companies will be listed before the end of the first half of 2014. Among the expected companies is Kuwaiti Al-Salam Holding Company for financial services, Omran ....
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EGX gains EGP 4.4 billion
Date: 2013-12-08 17:57:49 GMT - Egypt - Economy - SN:45 - ID:429666
The Egyptian Exchange (EGX) made profits for the fourth consecutive session at the close of trading on Sunday amid investors' optimism over expected Gulf investments in Egypt in the upcoming phase. The market capital gained 4.4 billion pounds to ....
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Egypt transport minister meets Hungarian national development minister
Date: 2013-12-08 14:56:13 GMT - Egypt - Economy - SN:37 - ID:429348
Transport Minister Ibrahim el-Demiri met here Sunday with Hungarian Minister for National Development Zsuzsa Nemeth to discuss cooperation between the two countries in developing Egypt's railway system. During the meeting, Demiri affirmed Egypt's ....
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91, 266-day T-bills auctioned
Date: 2013-12-08 13:56:45 GMT - Egypt - Economy - SN:33 - ID:429216
The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 5.5 billion. In an online statement, the ministry said it sold EGP 2 billion of 91-day T-bills with a 2.83 bid-to-cover ratio. The average yield was 10.217%, it said, ....
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Trade minister back home from Indonesia
Date: 2013-12-08 13:10:07 GMT - Egypt - Economy - SN:30 - ID:429105
Minister of Trade and Industry Munir Fakhri Abdel Nour returned home on Sunday winding up a visit to Indonesia during which he attended the 9th Ministerial Conference of the World Trade Organization held in Bali. Delegations from 160 countries ....
