Economy

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  • IMF to take part in Egypt economic conf. -- official

    IMF to take part in Egypt economic conf. -- official

    Date: 2015-02-02 07:40:50 GMT - USA - Economy - SN:6 - ID:1875369

    Counselor at the International Monetary Fund (IMF)'s Middle Eastern and Central Asian Department Christopher Jarvis said Monday that the fund will take part in the Egyptian economic conference in March. The IMF welcomes efforts exerted by the ....

  • Egypt's exports to UK up 14% in 2014

    Egypt's exports to UK up 14% in 2014

    Date: 2015-01-31 10:13:04 GMT - United Kingdom - Economy - SN:21 - ID:1862693

    Egyptian exports to the UK rose by 14% in the period between January and November 2014 against the previous year. Egypt's exports to the UK in that period hit £825 million against £726 million in the same period of 2013, official statistics, of ....

  • Bourse indexes show varied performance

    Bourse indexes show varied performance

    Date: 2015-01-29 19:18:18 GMT - Egypt - Economy - SN:28 - ID:1853701

    The Egyptian Exchange (EGX) witnessed varied performance at the close of trading on Thursday. The market capital gained 3.5 billion pounds to hit 526.7 billion pounds. The benchmark index EGX 30 retreated 0.21 percent down to 9,843.1 ....

  • Bourse loses EGP 1.7bn

    Bourse loses EGP 1.7bn

    Date: 2015-01-28 16:37:57 GMT - Egypt - Economy - SN:28 - ID:1845569

    The Egyptian Exchange closed on Wednesday with losses amounting to EGP 1.7 billion and its indexes were all down. The capital market declined to EGP 523.2 billion after transactions hit EGP 981.7 billion. The benchmark index EGX 30 retreated ....

  • Contract to operate cars with natural gas

    Contract to operate cars with natural gas

    Date: 2015-01-27 17:44:30 GMT - Egypt - Economy - SN:70 - ID:1838237

    Minister of Petroleum and Mineral Wealth Sherif Ismail and Secretary General of Social Fund for Development Soha Suleiman witnessed the inking of a contract for funding the 4th stage of a project to transform cars from working on gasoline to ....

  • Sudanese min. expects his country to be 2nd in Africa in gold production

    Sudanese min. expects his country to be 2nd in Africa in gold production

    Date: 2015-01-27 17:35:09 GMT - Sudan - Economy - SN:67 - ID:1838169

    Sudanese Minister of Minerals Ahmed Sadiq al Karori expected his country to be second in gold production in Africa by 2019. In statements Tuesday, Karori asserted that his country is keen on supporting the national economy. ....

  • 100 Italian companies to participate in investment forum in Egypt

    100 Italian companies to participate in investment forum in Egypt

    Date: 2015-01-27 17:27:57 GMT - Italy - Economy - SN:65 - ID:1838133

    Representatives from about 100 Italy-based companies would visit Cairo in February to take part in a forum on investment, the Foreign Italian Ministry said in a press release on Tuesday. Also, Italian Deputy Minister for Economic Development ....

  • EGX gains EGP 3.8bn, index up 1.14 pct

    EGX gains EGP 3.8bn, index up 1.14 pct

    Date: 2015-01-27 14:33:39 GMT - Egypt - Economy - SN:42 - ID:1836509

    The Egyptian Exchange (EGX) gained 3.8 billion pounds at the end of Tuesday's trading on the back of purchases by Egyptian and Arab institutions and investment funds. The EGX 30 benchmark index leapfrogged by 1.14 percent to close at 9,946.58 ....

  • Bourse indexes show varied performance

    Bourse indexes show varied performance

    Date: 2015-01-26 19:15:22 GMT - Egypt - Economy - SN:53 - ID:1830517

    The Egyptian Exchange (EGX) witnessed varied performance at the close of trading on Monday amid purchases by Egyptian individuals and foreign funds against sale operations by Egyptian and Arab institutions. The market capital lost about 300 ....

  • 67 ships transit Suez Canal

    67 ships transit Suez Canal

    Date: 2015-01-26 11:23:31 GMT - Egypt - Economy - SN:39 - ID:1826345

    Sixty-seven ships transited the Suez Canal on Monday, carrying a total cargo of 3.233 million tons. The south-bound convoy included 35 vessels carrying around 1.713 tons, while the north-bound convoy included 32 ships carrying 1.521 million tons. ....

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