Economy

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  • Egypt, Croatia discuss bolstering tourism, investment cooperation

    Egypt, Croatia discuss bolstering tourism, investment cooperation

    Date: 2015-02-16 12:38:55 GMT - Egypt - Economy - SN:52 - ID:1976557

    Minister of Tourism Hisham Zazou conferred on Monday with Croatian President Kolinda Grabar-Kitarovic on means of bolstering bilateral cooperation in all domains, especially in tourism and investment. A statement released by the Tourism Ministry ....

  • 31 vessels transit Suez Canal

    31 vessels transit Suez Canal

    Date: 2015-02-16 11:20:54 GMT - Egypt - Economy - SN:40 - ID:1975397

    Thirty-one ships transited the Suez Canal on Monday, carrying a total cargo of 2.131 million tons. The south-bound convoy included 28 vessels carrying 2.26 million tons, while the north-bound convoy included three ships carrying 105,000 tons. ....

  • Egypt, Cyprus ink deal for natural gas cooperation

    Egypt, Cyprus ink deal for natural gas cooperation

    Date: 2015-02-16 10:30:19 GMT - Egypt - Economy - SN:32 - ID:1974745

    Egypt and Cyprus agreed on Monday to set up a maritime line from Aphrodite gas field in Cyprus till Egypt. The six-month memo of understanding, signed by Petroleum Minister Sherif Ismail and Cypriot Energy and Tourism Minister Giorgos ....

  • MENA to send biggest media delegation to cover Egypt's economic conf.

    MENA to send biggest media delegation to cover Egypt's economic conf.

    Date: 2015-02-15 15:20:23 GMT - Egypt - Economy - SN:34 - ID:1969305

    The Middle East News Agency (MENA) is sending the biggest media delegation in its history to cover the economic conference slated to be held in the Red Sea resort city of Sharm el Sheikh on March 13-15. It would broadcast live to its subscribers ....

  • Egyptian Exchange loses EGP 9.5 bln in week

    Egyptian Exchange loses EGP 9.5 bln in week

    Date: 2015-02-13 07:45:57 GMT - Egypt - Economy - SN:7 - ID:1954013

    The Egyptian Exchange has registered weekly losses of EGP 9.5 billion. The bourse's capital declined by 2 percent to EGP 530.3 billion compared to 539.8 billion last week, the weekly trading report showed. The main EGX 30 index went down by ....

  • Bourse indexes show mixed performance

    Bourse indexes show mixed performance

    Date: 2015-02-12 15:45:32 GMT - Egypt - Economy - SN:36 - ID:1951437

    The Egyptian Exchange (EGX) witnessed varied performance at the close of trading on Thursday. The market capital gained EGP 2.1 billion to hit EGP 530 billion. The benchmark index EGX 30 retreated 0.24 percent down to 9,747.36 points. The ....

  • EGX loses EGP 5.6bn

    EGX loses EGP 5.6bn

    Date: 2015-02-11 14:07:32 GMT - Egypt - Economy - SN:37 - ID:1943601

    The Egyptian Exchange (EGX) lost some 5.6 billion pounds at the end of Wednesday's trading on the back of sales by Arab and foreign investment funds. The EGX 30 benchmark index dropped by 1.31 percent to close at 9,770.78 points. The broader ....

  • CBE: Annual inflation rate down by 9.66% in Jan

    CBE: Annual inflation rate down by 9.66% in Jan

    Date: 2015-02-10 15:49:48 GMT - Egypt - Economy - SN:42 - ID:1936873

    The Central Bank of Egypt (CBE) announced on Tuesday that the annual inflation rate declined by 9.66 percent by the end of January down from 10.13 percent by the end of December. The monthly overall inflation rate, however, rose by 0.99 percent ....

  • 43 ships transit Suez Canal

    43 ships transit Suez Canal

    Date: 2015-02-10 14:20:07 GMT - Egypt - Economy - SN:26 - ID:1936085

    Forty-three ships transited the Suez Canal on Tuesday, carrying a total cargo of 2.9 million tons. The south-bound convoy included 19 ships carrying 1.1 million tons, while the north-bound convoy included 24 vessels carrying 1.8 million tons. ....

  • 48 ships transit Suez Canal

    48 ships transit Suez Canal

    Date: 2015-02-09 10:30:11 GMT - Egypt - Economy - SN:26 - ID:1926161

    Forty-eight ships crossed the Suez Canal on Monday, carrying a total cargo of 2.718 million tons. The south-bound convoy included 29 ships carrying 1.647 million tons, while the north-bound convoy included 19 vessels carrying 1.071 million tons. ....

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