Economy
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- Category : Economy
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Egypt passes through difficult transitional phase - minister
Date: 2013-11-02 14:37:53 GMT - Egypt - Economy - SN:34 - ID:367071
Investment Minister Osama Saleh said Egypt is passing through a very difficult transitional phase, adding that the country faces internal and external challenges. These remarks came during a workshop made to mark the inauguration of "Bedaya" ....
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39 vessels transit Suez Canal
Date: 2013-11-02 12:33:50 GMT - Egypt - Economy - SN:33 - ID:366851
Thirty-nine ships transited the Suez Canal on Saturday, carrying a total cargo of 1.889 million tons. The south-bound convoy included 22 ships, carrying 1.33 million tons, while the north-bound convoy included 17 ships, carrying 856,000 tons. ....
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Agriculture minister sets prices of season harvest
Date: 2013-11-02 11:55:06 GMT - Egypt - Economy - SN:28 - ID:366782
Agriculture Minister Ayman Abu-Farid set the price of this season's harvest. One ardeb ( a measuring unit used in Egypt which equals 198 liters) of wheat should be sold for EGP 420, one kantar of cotton for EGP 1,650 and one ardeb of corn for ....
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Cairo hosts Euromoney Conference on Nov. 11
Date: 2013-11-02 11:38:15 GMT - Egypt - Economy - SN:26 - ID:366739
Euromoney Foundation in Cairo organizes the 19th session of the Euromoney Egypt Conference 2013, on November 11, as Finance Minister Ahmed Galal and Tourism Minister Hisham Zaazou will expound their visions and plans to activate both financial and ....
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Egypt trade minister invites Chinese counterpart to Egypt
Date: 2013-11-02 09:51:05 GMT - China - Economy - SN:17 - ID:366528
Egypt's Trade Minister Monir Fakhri sent an official invitation to his Chinese counterpart to attend Egypt-China 6th joint session in Egypt, said Magdi Amer, Egypt's Ambassador to China. The invitation came as a part of restoring mutual visits ....
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World's largest container vessel crosses Suez Canal
Date: 2013-11-02 08:16:01 GMT - Egypt - Economy - SN:11 - ID:366334
The world's largest container ship transited the Suez Canal on Saturday with a cargo of 200,000 tons. Danish "Maersk Mckinney Moller" loaded with nearly 19,000 containers transited the Egyptian waterway on Saturday. Four-hundred meters ....
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Bourse indexes up in October - report
Date: 2013-11-01 11:40:28 GMT - Egypt - Economy - SN:11 - ID:365410
The Egyptian Exchange indexes closed in October up and the market capital gained EGP 24.6 billion to hit EGP 402 billion. During the course of the month, the benchmark index EGX 30 jumped 9.9 percent to 6,182 points, said a monthly report issued ....
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Agriculture ministry seeks to achieve growth rate by 4.1 percent - minister
Date: 2013-10-31 15:30:11 GMT - Egypt - Economy - SN:32 - ID:364523
The Agriculture and Land Reclamation Ministry aims to achieve about 4.1 percent growth in the agriculture production, said Minister Ayman Farid Abu-Hadid. This came in a speech delivered on the minister's behalf by Abdel-Moneim el-Bana on ....
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Minister denies resuming rice exports
Date: 2013-10-31 14:52:19 GMT - Egypt - Economy - SN:29 - ID:364443
Supply and Internal Trade Minister Mohamed Abu Shadi denied Thursday reports that he agreed to resume rice exports, stressing that he will not take such a decision until all domestic demands are met. "We have to provide 111,000 tons of rice every ....
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Egypt bourse continues upward trend
Date: 2013-10-31 14:45:47 GMT - Egypt - Economy - SN:27 - ID:364435
The Egyptian Exchange (EGX) continued its upward trend at the close of trading on Thursday backed by heavy purchases of Egyptian, Arab and foreign investors. The market capital gained about 1.5 billion pounds to hit 402.3 billion pounds, after ....