Economy
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- Category : Economy
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54 ships transit Suez Canal Sunday
Date: 2015-05-31 13:22:16 GMT - Egypt - Economy - SN:38 - ID:2701397
Fifty-four ships transited the Suez Canal on Sunday, carrying a total cargo of about 2,150,312 million tons. The south-bound convoy included 37 vessels carrying 1,511,252 million tons, while the north-bound convoy included 17 ships carrying ....
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Governor, investment minister meet Alexandria businessmen
Date: 2015-05-29 10:23:14 GMT - Egypt - Economy - SN:8 - ID:2688729
Alexandria Governor Hany el-Messiry and Investment Minister Ashraf Salman met on Friday with investors at Alexandria's Burg el-Arab free zone. They discussed plans for boosting development and mechanisms to revive the country's economy. The ....
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Bourse loses EGP 3.4 bn last week
Date: 2015-05-29 10:00:35 GMT - Egypt - Economy - SN:5 - ID:2688633
The Egyptian Exchange closed last week with losses amounting to EGP 3.4 billion and its indexes were all down. The capital market declined to EGP 501.1 billion, 0.7 percent less than the week before. During the course of the week, the ....
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Egypt's bourse shows varied performance
Date: 2015-05-27 14:24:39 GMT - Egypt - Economy - SN:50 - ID:2677565
The Egyptian Stock Exchange (EGX) indexes showed varied performance at the close of Wednesday's trading amid purchases by Egyptian investors and Arab individuals and sales by foreign institutions and investment funds. The market capital lost ....
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June salaries to be paid earlier in month - ministry
Date: 2015-05-27 08:03:06 GMT - Egypt - Economy - SN:3 - ID:2673729
The Finance Ministry said June salaries will be paid to all public servants on day 15 due to the closing of 2014/2015 fiscal year. The move will be valid even on salaries transferred to bank accounts, a ministry official told MENA. Also, July ....
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Russian minister calls for providing privileges for Russian industries in Egypt
Date: 2015-05-26 17:20:39 GMT - Egypt - Economy - SN:51 - ID:2671189
Russian Minister of Industry and Trade Denis Manturov on Tuesday said the current Egyptian-Russian talks aim to create the conditions to enhance bilateral cooperation. In statements at the end of the commercial industrial dialogue between Egypt ....
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1,067 companies established in March, says GAFI chairman
Date: 2015-05-26 16:23:17 GMT - Lebanon - Economy - SN:47 - ID:2670741
Up to 1,067 new companies have been established in March, Chairman of the General Authority for Investment and Free Zones (GAFI) Hassan Fahmy said on Tuesday. "This rate is the highest in the past eight years," Fahmy said during his participation ....
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FEI chairman urges increasing volume of trade in Africa
Date: 2015-05-26 14:39:00 GMT - Egypt - Economy - SN:22 - ID:2668777
Chairman of the Federation of Egyptian Industries (FEI) Mohammad el Sweidi called on Tuesday for increasing the volume of trade in Africa through exchanging commodities with the African countries. Sweidi made the statement after a meeting with ....
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UN report shows growth in world economy in 2015
Date: 2015-05-26 12:24:32 GMT - Egypt - Economy - SN:14 - ID:2668237
A UN biannual report on World Economic Situation and Prospects (WESP) showed that the world economy continues to grow at a modest pace, according to UN. Growth of world gross product is projected to accelerate slightly from 2.6 per cent in 2014 ....
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FDIs in Egypt hit dlrs 3 billion - GAFI
Date: 2015-05-26 10:11:45 GMT - Lebanon - Economy - SN:8 - ID:2666953
Head of the Egyptian General Authority For Investment and Free Zones (GAFI) Hassan Fahmi said the volume of foreign direct investments in Egypt during the first half of fiscal 2014/2015 hit around dlrs 3 billion. In statements to MENA Tuesday on ....