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Economy
- Service : English
- Category : Economy
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Egyptian Exchange to freeze assets of 14 Islamists Monday
Date: 2013-07-15 09:41:55 GMT - Egypt - Economy - SN:11 - ID:201133
CAIRO (MENA) - The Egyptian Exchange will freeze the assets of 14 Islamists on Monday. Chairman Atef Al-Sherif told MENA that the decision will be enforced upon receiving an order from the prosecutor general. The prosecutor general has ....
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Bourse gains EGP 1 bn, main index up
Date: 2013-07-14 18:38:50 GMT - Egypt - Economy - SN:23 - ID:200687
The Egyptian Exchange (EGX) gained EGP one billion during Sunday's trading with the final formation of the new interim government expected to be announced. The market capital hit this morning EGP 355.08 billion. The EGX 30 benchmark index ....
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Egyptian Exchange loses EGP 1.3 bn last week
Date: 2013-07-12 11:32:54 GMT - Egypt - Economy - SN:10 - ID:197957
The Egyptian Exchange closed last week with losses amounting to EGP 1.3 billion, while its indexes showed mixed performance, affected by the rapid developments in the country. The capital market declined to EGP 354 billion. During the ....
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Egypt's bourse loses EGP 2.5 bn
Date: 2013-07-11 15:42:55 GMT - Egypt - Economy - SN:19 - ID:197191
The Egyptian Exchange (EGX) incurred losses at the end of Thursday's trading as investors await the new government lineup. The market capital lost up to EGP 2.5 billion to reach EGP 354.06 billion. The benchmark EGX 30 index declined ....
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Nile water level drops
Date: 2013-07-10 18:15:58 GMT - Egypt - Economy - SN:43 - ID:196107
CAIRO (MENA) - The Nile River water level continued to drop, recording 172 meters on Wednesday, two centimeters less than yesterday. According to a report received by the Ministry of Irrigation and Water Resources, water released from the High ....
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Kuwait offers Egypt $4B aid, fuel package
Date: 2013-07-10 18:11:29 GMT - Kuwait - Economy - SN:40 - ID:196102
KUWAIT CITY (MENA) - Kuwait's government promised to offer Egypt an aid package worth $4 billion, the state Kuwait News Agency (KUNA) reported on Wednesday. It quoted minister of cabinet affairs Mohammad Al Sabah as saying Egypt will receive a ....
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CBE: inflation hits 8.56% in June
Date: 2013-07-10 17:07:32 GMT - Egypt - Economy - SN:24 - ID:196009
CAIRO (MENA) - On a year-over-year basis, Egypt's inflation rate rose to 8.56% during June, the Central Bank of Egypt said in a press release on Wednesday. On a month-over-month basis, inflation was 0.77% last month compared with 0% in May, it ....
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EGX gains EGP 4.4bn in 1st Ramadan session
Date: 2013-07-10 15:17:46 GMT - Egypt - Economy - SN:20 - ID:195877
The Egyptian Exchange (EGX) gained 4.4 billion pounds at the end of Wednesday's trading, the first in the holy month of Ramadan, on the back of purchase operations by Egyptian institutions optimistic about a quick economic recovery prompted by ....
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55 ships transit Suez Canal
Date: 2013-07-08 13:09:21 GMT - Egypt - Economy - SN:37 - ID:192683
ISMAILIA (MENA) - Fifty five ships transited the Suez Canal on Monday, carrying a total cargo of 2.757 million tons. The south-bound convoy included 23 ships, carrying 1.74 million tons while the north-bound convoy included 32 ships, carrying ....
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Nile water level drops 2cm
Date: 2013-07-08 12:37:02 GMT - Egypt - Economy - SN:33 - ID:192624
CAIRO (MENA) - The Nile River water level dropped on Monday, recording 172.03 meters, two centimeters less than Sunday. According to a report received by the Irrigation and Water Resources Ministry, water released from the High Dam reached 250 ....
