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Economy
- Service : English
- Category : Economy
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Egyptian Exchange indexes up last week
Date: 2013-11-22 09:29:44 GMT - Egypt - Economy - SN:10 - ID:400738
The Egyptian Exchange indexes closed last week up and the market capital hit EGP 4.3 billion against 3 billion in the previous week. During the course of the week, the benchmark index EGX 30 jumped 3.68 percent up to 6,457 points, said a weekly ....
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Egypt eying more cooperation with Italy in sustainable development
Date: 2013-11-21 12:21:31 GMT - Egypt - Economy - SN:29 - ID:399334
Minister of Supply and Internal Trade Mohamed Abu-Shady discussed Thursday with Italy's Ambassador here Matsirio Massari cooperation in sustainable development projects. Italy has granted Egypt 45 million dollars to build silos for grain storage ....
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Russia lifts travel ban to Egypt's tourist attractions
Date: 2013-11-21 09:14:20 GMT - Russia - Economy - SN:21 - ID:398924
Russia lifted on Thursday its travel ban to Egypt's tourist attractions after the end of the emergency state announced in Egypt following the ouster of president Mohamed Morsi. A statement by the Foreign Ministry, as quoted by Novosti, said the ....
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PM chairs National Finance Fund meeting
Date: 2013-11-20 17:08:54 GMT - Egypt - Economy - SN:65 - ID:398180
Prime Minister Dr. Hazem el-Beblawy held on Wednesday a meeting with the Board of the National Finance Fund to review the projects and youth and sports activities financed by the Fund during the period from 2007 to 2012. The value of funding ....
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EGP 100mn to upgrade Suez water plant
Date: 2013-11-20 16:55:34 GMT - Egypt - Economy - SN:64 - ID:398157
Suez governor Arabi el-Serwi has stressed the importance of establishing a new water plant. He made it clear that the operating water plant is being rehabilitated at 100 million pounds, expecting it to be ready in 30 months. In a meeting ....
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EGX gains EGP 2.75bn
Date: 2013-11-20 16:14:32 GMT - Egypt - Economy - SN:61 - ID:398077
The Egyptian Exchange (EGX) made profits at the close of trading Wednesday prompted by intensive purchase operations by Egyptian investment funds. The market capital gained 2.75 billion pounds to reach 417.2 billion pounds, after transactions ....
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Abdel-Nour decides to reform ECA administrative board
Date: 2013-11-20 11:16:59 GMT - Egypt - Economy - SN:38 - ID:397309
Trade and Industry Minister Mounir Fakhri Abdel-Nour has decided to reform the Egyptian Competition Authority (ECA) administrative board. The decision is meant to activate the role of ECA in countering any monopolization practices and to create a ....
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CAPMAS: Tourists visiting Egypt tumbled by 69% in Sept. 2013
Date: 2013-11-20 10:18:08 GMT - Egypt - Economy - SN:33 - ID:397145
The number of tourists who visited Egypt during September 2013 thudded down by 69 percent to stand at 201,000 tourists against 994,000 tourists in the same month in 2012, the Central Agency for Public Mobilization and Statistics (CAPMAS) said. In ....
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Egypt purchases 120,000 tons of Russian wheat
Date: 2013-11-20 10:00:59 GMT - Egypt - Economy - SN:29 - ID:397103
The General Authority For Supply Commodities (GASC) contracted on buying 120,000 tons of Russian wheat under an international tender. The wheat – whose price stood at 305,66 dollars per ton - will be used for producing subsidized bread, GASC ....
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Kuawait ups its support for African states to 2 bilion dollars
Date: 2013-11-20 09:20:22 GMT - Kuwait - Economy - SN:27 - ID:397009
Kuwait decided upping its financial support for African states to 2 billion dollars, said Kuwaiti Health Minister Mohamed Abdullah al-Mubarak al-Sabah. One billion dollars will go in soft loans to development projects and one billion dollars to ....
