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Economy
- Service : English
- Category : Economy
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EGX loses EGP 12.4bn
Date: 2015-08-18 15:23:21 GMT - Egypt - Economy - SN:13 - ID:3181269
The Egyptian Exchange (EGX) lost some 12.4 billion pounds at the close of trading on Tuesday pushed by Arab sales. The main benchmark EGX 30 index went down by 2.58 percent reaching 7,398.43 points. The broader EGX 70 index of the leading ....
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Egypt bourse loses EGP 10.7bn, main index down 3.2 pct
Date: 2015-08-16 17:01:36 GMT - Egypt - Economy - SN:14 - ID:3169329
The Egyptian Exchange (EGX) indexes closed down on Sunday amid selling operations by institutions and Arab and Egyptian investment funds. The market capital lost about EGP 10.7 billion to hit EGP 474.2 billion, after transactions of about EGP ....
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Egypt to use all potentials to tap African markets -- Minister
Date: 2015-08-12 11:49:52 GMT - Egypt - Economy - SN:9 - ID:3146061
The Egyptian government is keen on using all its potentials and human skills to develop economic and political ties with African countries, said Trade and Industry Minister Mounir Fakhry Abdel Nour on Wednesday. Speaking at a meeting with ....
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Bourse loses 4 bln EGP over int'l markets drop
Date: 2015-08-12 11:06:51 GMT - Egypt - Economy - SN:7 - ID:3145729
The Egyptian Exchange (EGX) indexes thudded down in the beginning of Wednesday trading session over a drop in international bourses triggered by fears of international economic stagnation over China's economic meltdown. China's surprise ....
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Egyptian GDRs in London show mixed performance
Date: 2015-08-11 18:29:58 GMT - United Kingdom - Economy - SN:15 - ID:3142905
The Egyptian global depository receipts (GDRs) traded on London Stock Exchange (LSE) showed mixed performance at the close of Tuesday's trading. The GDRs of EFG Hermes went up by 10.19 percent to reach 2.98 dollars. The GDRs of the Commercial ....
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57 vessels cross Suez Canal in both directions
Date: 2015-08-11 14:08:24 GMT - Egypt - Economy - SN:9 - ID:3141277
Fifty seven vessels transited the Suez Canal in both directions on Tuesday, five days after the official opening of the آew Suez Canal. The north-bound convoy included 29 ships carrying about 1.4 million tons, a statement by the Suez Canal ....
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Egypt keen on developing trade ties with whole world-- minister
Date: 2015-08-11 14:04:42 GMT - Egypt - Economy - SN:7 - ID:3141245
Egypt is keen on developing trade and economic ties with the whole world, Minister of Trade and Industry Mounir Fakhry Abdel Nour said on Tuesday. The Egyptian government pays due regard to the domestic industry, Abdel Nour said during a session ....
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Annual inflation rate down to 6.49 pct in July - CBE
Date: 2015-08-10 18:48:16 GMT - Egypt - Economy - SN:12 - ID:3136665
The annual inflation rate declined to 6.49 percent in July, compared by 9.07 percent in June, announced the Central Bank of Egypt (CBE). In a statement Monday, the CBE said that the monthly main inflation rate hit 0.3 percent in July, against ....
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45 vessels cross Suez Canal
Date: 2015-08-10 13:57:14 GMT - Egypt - Economy - SN:10 - ID:3134805
Forty-five ships transited the Suez Canal on Monday carrying a total cargo of 2.4 million tons. The south-bound convoy included 19 vessels carrying about 1.68 million tons, while the north-bound convoy included 26 ships carrying about 1.300 ....
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Supply, communications ministers confer on upgrading IT infrastructure of Supply Ministry
Date: 2015-08-10 08:14:19 GMT - Egypt - Economy - SN:2 - ID:3131769
Supply Minister Khaled Hanafy met Monday with Communications Minister Khaled Negm to follow up the implementation of a project to upgrade the IT infrastructure of the Supply Ministry. The upgraded infrastructure will help improve performance of ....
