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Economy
- Service : English
- Category : Economy
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EGX loses EGP 2.4bn
Date: 2015-05-20 14:02:16 GMT - Egypt - Economy - SN:53 - ID:2629677
The Egyptian Exchange (EGX) indices went down on Wednesday on the back of share sales by foreign and Arab investment funds. The market capital lost about 2.4 billion pounds to reach 500.3 billion after transactions worth about 645 million ....
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EMAAR Properties announces intention to float subsidiary EMAAR Misr
Date: 2015-05-20 12:59:57 GMT - Egypt - Economy - SN:39 - ID:2628881
The Egyptian subsidiary of Emaar Properties, Emaar Misr for Development, Wednesday announced its intention to proceed with an initial public offering (IPO) and to apply for admission of Emaar Misr’s ordinary shares to be offered in connection with ....
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Egypt seeks promoting economic cooperation with COMESA
Date: 2015-05-20 12:58:05 GMT - Egypt - Economy - SN:38 - ID:2628833
Minister of Investment Ashraf Salman on Wednesday held talks with Heba Salama, the Chairwoman of the Regional Agency for Investment, a COMESA affiliate, on means of promoting economic cooperation and increasing investments between Egypt and other ....
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Egypt industry minister says solving energy problem imp. to implement development plans
Date: 2015-05-20 11:16:41 GMT - Egypt - Economy - SN:26 - ID:2627629
Solving an energy problem in Egypt is key to implementing comprehensive development plans in the country, says the minister of industry and trade. General Electric International is currently working on a number of projects in the field of power ....
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59 ships transit Suez Canal
Date: 2015-05-20 10:16:15 GMT - Egypt - Economy - SN:19 - ID:2627053
Fifty-nine ships transited the Suez Canal Wednesday, carrying a total cargo of about 3.14 million tons. The south-bound convoy included 24 vessels carrying 1.47 million tons, while the north-bound convoy included 35 ships carrying 1.66 tons on ....
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Egypt's strategic reserve of wheat sufficient for 4 months: Minister
Date: 2015-05-19 17:02:01 GMT - Egypt - Economy - SN:50 - ID:2623297
Egypt's strategic stock of wheat is sufficient for more than four months to come, the supply minister said on Tuesday. Khaled Hanafy made the remarks during Prime Minister Ibrahim Mahlab's visit to Middle and West Delta Flour Mills in ....
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No intention to increase oil products price: Oil Ministry
Date: 2015-05-19 16:58:49 GMT - Egypt - Economy - SN:49 - ID:2623277
The Ministry of Petroleum and Mineral Resources on Tuesday denied any intention to increase the prices of petroleum products. News published today on newspaper and websites are mere rumors and totally void of truth, Spokesman of Petroleum ....
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EGX gains EGP 1.5bn
Date: 2015-05-19 16:32:37 GMT - Egypt - Economy - SN:44 - ID:2623153
The Egyptian Exchange (EGX) gained about 1.5 billion pounds at the end of Tuesday's trading on the back of purchase operations by Arab and Egyptian investors following a government decision to suspend the Capital Gains Tax (CGT) for two ....
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Russia to send inspectors to examine Egyptian exported agricultural products -- Minister
Date: 2015-05-19 16:03:24 GMT - Egypt - Economy - SN:42 - ID:2622881
Contacts are underway with Russia to send inspectors to examine Egyptian agricultural products before being exported into the Russian market, Minister of Trade and Industry Mounir Fakhry Abdel Nour said on Tuesday. During a meeting with Russian ....
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64 ships transit Suez Canal
Date: 2015-05-19 12:04:34 GMT - Egypt - Economy - SN:7 - ID:2620353
Sixty-four ships transited the Suez Canal Tuesday, carrying a total cargo of about 3.6 million tons. The south-bound convoy included 30 vessels carrying 1.566 million tons, while the north-bound convoy included 34 ships carrying 2.45 tons on ....
