ar
en
fr
Economy
- Service : English
- Category : Economy
-
Industry minister:New investment fund in cooperation with Russia, UAE
Date: 2015-05-25 18:59:31 GMT - Egypt - Economy - SN:44 - ID:2664053
Minister of Industry and Trade Mounir Fakhry Abdel-Nour revealed the establishment of a new investment fund in Egypt in cooperation with the United Arab Emirates and Russia. In a press conference with Russian Industry Minister Denis currently ....
-
Bourse loses EGP 2.5 bn
Date: 2015-05-25 15:09:25 GMT - Egypt - Economy - SN:39 - ID:2662469
The Egyptian Exchange closed Monday with losses amounting to EGP 2.5 billion and its indexes were all down. The capital market hit EGP 506.08 billion after transactions reached EGP 1.2 billion. The benchmark index EGX 30 dropped 0.78 percent ....
-
Egypt auctions T-bonds
Date: 2015-05-25 14:58:46 GMT - Egypt - Economy - SN:36 - ID:2662337
The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 4.75 billion. In an online statement, the ministry said it sold EGP 3 billion of 5-year and EGP 1.75 billion of 10-year treasury bonds. A coupon of 12.916% was ....
-
Consortium of Russian companies seeking to establish silos, mills, logistics centers in Egypt
Date: 2015-05-25 10:50:34 GMT - Egypt - Economy - SN:28 - ID:2659929
Supply Minister Khaled Hanafy conferred Monday with a consortium of giant Russian companies seeking to establish silos to store wheat and grains. The consortium also wants to establish logistics centers to store grains, fruits, vegetables and ....
-
CAPMAS: 94.3% increase in Egyptian cotton exports during 2nd quarter of season
Date: 2015-05-25 09:47:25 GMT - Egypt - Economy - SN:21 - ID:2659301
The Central Agency for Public Mobilization and Statistics (CAPMAS) stated Monday that Egyptian cotton exports during the second quarter of the agricultural season of 2014-2015 totaled 246,000 metric quintals compared to 126,006 metric quintals ....
-
Egypt expects $45 bn investments in renewable energy in 10 years – min.
Date: 2015-05-25 09:44:29 GMT - Egypt - Economy - SN:20 - ID:2659273
Egypt is expecting $45 billion investments in new and renewable energy in the coming ten years, Investment Minister Ashraf Salman said. McKinsey Consulting Company has issued a recent study that emerging markets need $60 trillion for investments ....
-
Biggest container ship in world cross Suez Canal
Date: 2015-05-25 07:53:12 GMT - Egypt - Economy - SN:1 - ID:2658285
The biggest container ship in the world transited the Suez Canal coming from the Red Sea on way to the Mediterranean. The Panamanian ship was carrying 19,224 containers, a source at the Suez Canal told MENA. ....
-
EGX gains EGP 4 bn
Date: 2015-05-24 13:53:44 GMT - Egypt - Economy - SN:39 - ID:2655221
The Egyptian Exchange (EGX) closed on Sunday with gains backed by share purchases by local and foreign institutions and mutual funds. The market capital achieved gains worth EGP 4 billion to reach EGP 508.5 billion, after transactions hit EGP ....
-
Min.: 88 tons of spoiled food seized this month
Date: 2015-05-23 08:57:43 GMT - Egypt - Economy - SN:14 - ID:2646317
Supply Minister Khaled Hanafy said supply inspectors had seized 88 tons of spoiled food products and 200,000 bottles of expired juice during campaigns across the nation this month. The campaigns also seized 50 tons and 343,000 items unfit for ....
-
Egypt's exports to UK hit £199m in 2015 Q1
Date: 2015-05-23 08:17:34 GMT - United Kingdom - Economy - SN:10 - ID:2646013
Egypt's exports to the UK hit £199 million in the first quarter of 2015, the same figure of the same period last year. Egypt's imports, meanwhile, from the UK were down by 7.5% recording £223 million in the described period against £241 million ....
