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Economy
- Service : English
- Category : Economy
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Egypt stocks gain EGP17.8 bln in November
Date: 2014-12-01 09:49:12 GMT - Egypt - Economy - SN:26 - ID:1447125
Egypt's stocks gained EGP 17.8 billion in November, hitting a capital of around EGP 522 billion this month compared to EGP 504.2 billion in October. The main benchmark EGX 30 index soared 2.11 percent to 9,308 points. The broader EGX 70 index ....
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Abdel-Nour in Kuwait in mid January to form Egyptian-Kuwaiti cooperation council
Date: 2014-11-30 13:14:27 GMT - Kuwait - Economy - SN:22 - ID:1442657
Minister of Trade and Industry Monir Fakhry Abdel-Nour will visit Kuwait in mid January leading an Egyptian businessmen delegation to form an Egyptian-Kuwaiti cooperation council. An agreement was reached to establish an Egyptian-Kuwaiti ....
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Govt supports serious German tour operators - minister
Date: 2014-11-29 13:29:10 GMT - Egypt - Economy - SN:51 - ID:1436557
The government supports serious German tour operators, said Tourism Minister Hisham Zaazou. The minister made the remark during a press conference held on Saturday on board the tourism boat "Berlin" in the presence of Red Sea Governor Ahmed ....
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Egypt pays back $2.5 bln of Qatari deposit - CBE official
Date: 2014-11-29 07:33:31 GMT - Egypt - Economy - SN:16 - ID:1434089
The Central Bank of Egypt (CBE) on Friday paid back $2.5 billion of the Qatari deposit. A CBE official told MENA that $500 million unpaid deposit is scheduled to be paid back in the second half of 2015. Cash reserve of foreign currency was not ....
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130 mil cubic meters dug at New Suez Canal
Date: 2014-11-27 16:21:42 GMT - Egypt - Economy - SN:26 - ID:1425633
Head of the Armed Forces' Engineering Authority Kamel el-Wazir said on Thursday that 130 million cubic meters have been dug at the newly-launched Suez Canal project so far. He added that 82 companies and 21, 000 workers have been working on the ....
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Egypt bourse continues upward trend, gains EGP 2.4bn
Date: 2014-11-27 16:18:08 GMT - Egypt - Economy - SN:23 - ID:1425609
The Egyptian Exchange (EGX) continued its upward trend at the close of Thursday's trading, backed by intensive purchases by local and foreign investment funds. The market capital achieved gains worth 2.4 billion pounds to reach 524.02 billion ....
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Agriculture minister to visit Italy Thursday
Date: 2014-11-26 17:39:49 GMT - Egypt - Economy - SN:53 - ID:1418381
Agriculture minister Adel el-Beltagy will visit Italy on Thursday for a regional conference. The Euros Mediterranean gathering will be held on November 27 and 28 in the Italian city of Palermo. The conference will discuss regional ....
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EGX gains EGP 5.4bln, all indexes up
Date: 2014-11-26 17:20:06 GMT - Egypt - Economy - SN:49 - ID:1418197
The Egyptian Exchange indexes were all up at the close of Wednesday’s trading session backed by purchases by foreign and local investment funds and institutions after the government beefed up measures to secure facilities and squares on November 28. ....
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Egyptian economy recovering, says IMF
Date: 2014-11-26 08:47:24 GMT - USA - Economy - SN:22 - ID:1412809
The International Monetary Fund (IMF) stressed that the Egyptian economy has begun to recover four years after a total economic slowdown. In a report issued at the end of the IMF delegation visit to Egypt, IMF's Midd East and Central Asia ....
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Sisi welcomes AXA's intention to initiate business in Egyptian market
Date: 2014-11-26 08:37:07 GMT - France - Economy - SN:18 - ID:1412685
President Abdel Fattah El Sisi welcomed on Tuesday French AXA group's intention to start work in Egypt. The president made the remarks during a meeting with AXA's CEO Henri de Castries, presidential spokesman Alla Yusuf said. The boss of AXA ....
