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Economy
- Service : English
- Category : Economy
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Profit-taking drives Egypt's bourse down
Date: 2013-10-23 15:00:18 GMT - Egypt - Economy - SN:14 - ID:351287
The Egyptian Exchange (EGX) slipped on profit-taking at the end of Wednesday's trading, after it has registered a high turnover since the middle of the last week. The market capital lost up to 2.8 billion pounds to reach 398.9 billion pounds , ....
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Total deposits at Post Authority reach EGP 124bn
Date: 2013-10-23 14:58:43 GMT - Egypt - Economy - SN:13 - ID:351283
The Post Authority in Egypt says the total deposits with it reached 124 billion pounds on June 30. Chairman of the authority Ashraf Gamal el-Din said the calculations are based on financial lists endorsed by the Central Auditing Organization. ....
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Egypt's foreign currency reserves inch up to $18.9 bn
Date: 2013-10-23 07:18:25 GMT - Egypt - Economy - SN:2 - ID:350171
Central Bank of Egypt governor Hisham Ramez said on Tuesday that Egypt's foreign currency reserves inched up to reach $18.91 billion in August. Speaking to CBC satellite channel, Ramez said that Egypt's foreign currency reserves have leapt up to ....
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Egypt, Uganda to open joint corn, wheat farm
Date: 2013-10-22 18:51:36 GMT - Egypt - Economy - SN:72 - ID:349868
Agriculture Minister Ayman Farid Abu Hadid announced that an agreement was reached with Uganda to set up a joint farm there for producing wheat and corn as well as seeds of important crops and some kinds of vegetables. Abu Hadid is currently on ....
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Egypt bourse up1.8 percent with gains hitting 2bln pounds
Date: 2013-10-22 17:08:37 GMT - Egypt - Economy - SN:59 - ID:349678
Egypt's bourse continued its upward trend for the fifth session in a row, making strong gains on Tuesday thanks to intensive purchases by Egyptian and Arab investment institutions and funds encouraged by the government's announced 30 billion pound ....
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Supply minister probes Egyptian-Austrian ties with Egypt's envoy
Date: 2013-10-22 14:13:00 GMT - Egypt - Economy - SN:33 - ID:349337
Minister of Supply and Internal Trade Mohammad Abu Shadi conferred Tuesday with Egypt's Ambassador to Australia Hassan el-Leithy on means of bolstering Egyptian-Australian ties in the economic, investment and agricultural domains. During the ....
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Foreign companies operating in Egypt committed to research, exploration plans - minister
Date: 2013-10-22 13:50:21 GMT - Egypt - Economy - SN:31 - ID:349299
Foreign companies operating in Egypt have emphasized its commitment to research and exploration plans as well as development in the discovered oil fields in the ratified investment budget of 2013/2014 with more than dlrs 8 billion, said Oil and ....
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Egypt, Uganda to produce fertilizers, open joint corn, wheat farm
Date: 2013-10-22 12:20:17 GMT - Uganda - Economy - SN:20 - ID:349089
Egypt and Uganda will cooperate in producing fertilizers for key crops like corn and vegetables and establish a joint corn and wheat farm in Uganda, the Egyptian minister of agriculture said. As both countries are seeking to boost bilateral ....
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Ministerial group discusses developments in the local market
Date: 2013-10-21 18:51:12 GMT - Egypt - Economy - SN:57 - ID:348003
Egypt's ministerial economic group has discussed the latest developments in the local market, praising the positive indications of the cabinet's economic plan that brought a rise in the deposits in the Egyptian pound and foreign currencies. ....
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Bourse turns blind eye to Coptic church attack, main index up 0.66 pct
Date: 2013-10-21 18:44:32 GMT - Egypt - Economy - SN:53 - ID:347988
The Egyptian Exchange (EGX) made profits at the close of trading on Monday, turning a blind eye to the deadly armed attack on a wedding ceremony at the Virgin Mary Church in Warraq late Sunday. The market capital gained three billion pounds to ....
