Economy

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  • Category : Economy
  • Egypt signs five new petroleum agreements with $115.5b investments

    Egypt signs five new petroleum agreements with $115.5b investments

    Date: 2013-11-08 09:57:50 GMT - Egypt - Economy - SN:9 - ID:376244

    Minister of Petroleum & Mineral Resources Sherif Ismail signed five new agreements with two Canadian and Greek oil giants in the petroleum and natural gas exploration domain at 115.5-million-dollar investments. The agreements were signed with ....

  • Finance Ministry has nothing to do with donations to antiquities- official

    Finance Ministry has nothing to do with donations to antiquities- official

    Date: 2013-11-07 17:46:15 GMT - Egypt - Economy - SN:42 - ID:375583

    Finance Ministry has nothing to do with a new idea proposed by hotels for having optional donations from tourists for the sake of antiquities and monuments in Egypt, an official at the ministry said Thursday. The idea was proposed by some ....

  • Bourse indexes collectively up

    Bourse indexes collectively up

    Date: 2013-11-07 15:04:52 GMT - Egypt - Economy - SN:36 - ID:375381

    The Egyptian Exchange indexes closed up for the seventh session in a row on Thursday backed with wide purchases of leading shares by Egyptian investors. The market capital achieved gains worth EGP 1.7 billion to reach EGP 417.2 billion. ....

  • 44 vessels transit Suez Canal

    44 vessels transit Suez Canal

    Date: 2013-11-07 15:01:44 GMT - Egypt - Economy - SN:34 - ID:375376

    Forty-four ships transited the Suez Canal on Thursday, carrying a total cargo of 2.157 million tons. The south-bound convoy included 20 ships, carrying 828,000 tons, while the north-bound convoy included 24 ships, carrying 1.329 million tons. ....

  • EGX gains EGP 10bn, index hits record high

    EGX gains EGP 10bn, index hits record high

    Date: 2013-11-06 15:16:07 GMT - Egypt - Economy - SN:50 - ID:373596

    The Egyptian Exchange index hit a record high Wednesday prompted by strong purchases by foreign investors. The market capital gained some 10 billion pounds to stand at 415.5 billion. The EGX 30 benchmark index leapfrogged by 2.38 percent to reach ....

  • EGX gains EGP 8bn in mid trading

    EGX gains EGP 8bn in mid trading

    Date: 2013-11-06 13:37:49 GMT - Egypt - Economy - SN:45 - ID:373421

    The Egyptian Exchange continued its upward trend on Wednesday amid strong purchases by foreign investors. The market capital gained some 8 billion pounds to stand at 412 billion. The EGX 30 benchmark index leapfrogged by 1.86 percent to reach ....

  • Qalubiya's quota of butane gas cylinders increased to 70,000 per day - governor

    Qalubiya's quota of butane gas cylinders increased to 70,000 per day - governor

    Date: 2013-11-06 11:03:01 GMT - Egypt - Economy - SN:38 - ID:372994

    Qalubiya's quota of butane gas cylinders was increased to reach 70,000 per day to be handed out to 173 stores in the governorate, said Governor Mohamed Abdel-Zaher. In statements on Wednesday, the governor said that the delivery of butane cooking ....

  • Egyptian bourse continues its upward trend as Morsi trial delayed

    Egyptian bourse continues its upward trend as Morsi trial delayed

    Date: 2013-11-06 10:11:32 GMT - Egypt - Economy - SN:34 - ID:372831

    The Egyptian Exchange continues its upward trend on Wednesday as trial of toppled president Mohamed Morsi was adjourned to January 8. The trial delay is expected to stabilize political conditions in the country until the end of 2013. The ....

  • Tax revenues hit EGP 47 bn in four months

    Tax revenues hit EGP 47 bn in four months

    Date: 2013-11-06 10:05:58 GMT - Egypt - Economy - SN:31 - ID:372816

    President of the Egyptian Tax Authority Mamdouh Amr said that tax revenues increased to reach EGP 47.5 billion from 1st of July to October 31. In statements in Wednesday, Amr said that the revenues are EGP 26.5 billion in general taxes and EGP 21 ....

  • Greece hit by another anti-austerity general strike

    Greece hit by another anti-austerity general strike

    Date: 2013-11-06 09:55:39 GMT - Greece - Economy - SN:30 - ID:372797

    Greek schools shut and flights were disrupted as workers held a general strike on Wednesday to protest austerity imposed by foreign lenders, whose inspectors were in Athens to review the country's performance under its bailout, the BBC ....

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