Economy

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  • Finance Ministry revenues increase by 3.3 billion pounds in 2014/2015

    Finance Ministry revenues increase by 3.3 billion pounds in 2014/2015

    Date: 2015-08-08 19:29:00 GMT - Egypt - Economy - SN:12 - ID:3124913

    Finance Minister Hani Qadri said Saturday that the revenues from customs, taxes and real estate taxes have increased by 3.29 billion Egyptian pounds during the fiscal year 2014/2015. In statements, the minister said that the revenues of the ....

  • Azerbaijan looking forward to economic cooperation with Egypt after inauguration of New Suez Canal

    Azerbaijan looking forward to economic cooperation with Egypt after inauguration of New Suez Canal

    Date: 2015-08-08 11:34:38 GMT - Egypt - Economy - SN:7 - ID:3121761

    Azerbaijani Ambassador in Cairo Shahin Abdullay asserted that his country is looking forward to booevsting economic and commercial cooperation with Egypt after the inauguration of the New Suez Canal. In statements to MENA, Abdullayev greeted ....

  • Thursday is bank holiday on New Suez Canal opening

    Thursday is bank holiday on New Suez Canal opening

    Date: 2015-08-04 17:15:47 GMT - Egypt - Economy - SN:11 - ID:3101105

    Thursday will be a bank holiday on the inauguration of the New Suez Canal, sources at the Central Bank of Egypt and Egyptian Stock Exchange said Tuesday. The sources told MENA that the day will be off to allow Egyptians to participate in the ....

  • EGX, GAFI sign agreement on promoting EGX role

    EGX, GAFI sign agreement on promoting EGX role

    Date: 2015-08-03 11:32:22 GMT - Egypt - Economy - SN:7 - ID:3091777

    The Egyptian Exchange (EGX) has signed a memorandum of understanding with the General Authority for Investment and Free Zones (GAFI) meant to promote awareness about the important economic role played by the EGX, particularly in Upper Egypt. It ....

  • Bourse loses EGP 1 bn

    Bourse loses EGP 1 bn

    Date: 2015-08-02 14:08:35 GMT - Egypt - Economy - SN:11 - ID:3087209

    The Egyptian Exchange (EGX) indexes were all down at the close of trading on Monday pushed by share sales by Arab institutions and investment funds. The market capital lost about EGP one billion to hit EGP 496.4 billion after transactions hit EGP ....

  • EGX gains EGP 6.2bn

    EGX gains EGP 6.2bn

    Date: 2015-07-29 14:41:35 GMT - Egypt - Economy - SN:12 - ID:3065261

    The Egyptian Exchange (EGX) gained 6.2 billion pounds at the end of Wednesday's trading backed by purchase operations by Arab and foreign investment funds and institutions. The EGX 30 benchmark index leapfrogged by 1.96 percent to close at ....

  • EGX gains EGP 2.6bn

    EGX gains EGP 2.6bn

    Date: 2015-07-28 15:31:14 GMT - Egypt - Economy - SN:14 - ID:3059125

    The Egyptian Exchange (EGX) gained about 2.6 billion pounds at the end of Tuesday's trading on the back of purchase operations by foreign investment funds. The EGX 30 benchmark index leapfrogged by 0.79 percent to close at 7,949.89 points. The ....

  • Egyptian bourse able to provide EGP 100bn for Suez canal development projects

    Egyptian bourse able to provide EGP 100bn for Suez canal development projects

    Date: 2015-07-28 13:20:13 GMT - Egypt - Economy - SN:13 - ID:3058037

    Head of Egypt's bourse Mohamed Omran sad the securities market manged to provide more than 100 billion pounds for development projects. In statements to MENA on Tuesday he said the funds were pumped in various economic activities in past 10 ....

  • EGX main index slides at beginning of week trading

    EGX main index slides at beginning of week trading

    Date: 2015-07-26 17:45:54 GMT - Egypt - Economy - SN:19 - ID:3046721

    The main index of the Egyptian Exchange (EGX) closed down on Sunday on the backdrop of profit taking. The market capital lost about EGP 1.1 billion to hit EGP 487.1 billion, after transactions of about EGP 2.9 billion. The main benchmark EGX ....

  • Bourse gains EGP 1.7 bln in 2 sessions

    Bourse gains EGP 1.7 bln in 2 sessions

    Date: 2015-07-23 11:52:56 GMT - Egypt - Economy - SN:9 - ID:3029589

    The Egyptian Exchange gained EGP 1.7 billion in two sessions only held this week because of national holidays marking Eidul Fitr and 23rd July revolution anniversary. The capital market rose to EGP 488.2 billion, 0.3 percent more than the week ....

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