Economy

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  • Category : Economy
  • Egypt heads Euro-Asian Exchanges Union after Turkey presides it for 19 years

    Egypt heads Euro-Asian Exchanges Union after Turkey presides it for 19 years

    Date: 2014-11-23 11:36:57 GMT - Egypt - Economy - SN:18 - ID:1391157

    Egyptian Stock Exchange chairman Dr. Mohamed Omran was elected as head of Euro-Asian Exchanges Union after Turkey presided for 19 consecutive years since it was established in 1995. In a press release on Sunday, of which MENA received a copy, the ....

  • Egyptian-Saudi investment company to be established - businessman

    Egyptian-Saudi investment company to be established - businessman

    Date: 2014-11-22 14:44:20 GMT - Egypt - Economy - SN:51 - ID:1386153

    Chairman of the Saudi-Egyptian Business Council Saleh Kamel announced that "Joussour" company will be established between Saudi Arabia and Egypt to invest in the New Suez Canal project. Kamel's remark came during a press conference held Saturday ....

  • We need EGP 41 mil to enhance rail services: Transport min.

    We need EGP 41 mil to enhance rail services: Transport min.

    Date: 2014-11-22 14:31:37 GMT - Egypt - Economy - SN:49 - ID:1386085

    Transport Minister Hani Dahi has said developing and enhancing rail services needs EGP 41 billion. "There are ongoing negotiations to buy 700 carriages to replace the old ones," he said in a press briefing on Saturday. "We are also studying ....

  • Egypt, South Sudan sign agreement for management of water resources

    Egypt, South Sudan sign agreement for management of water resources

    Date: 2014-11-22 13:52:43 GMT - Egypt - Economy - SN:45 - ID:1385801

    Egypt and Sudan signed on Saturday an agreement on cooperation in the technical field and development of water resources. Minister of Water Resources Dr Hossam Mohammad Al-Moghazi signed the agreement for the Egyptian side, while South Sudan ....

  • Kenya mulls approving a set of incentives to bolster economic cooperation with Egypt

    Kenya mulls approving a set of incentives to bolster economic cooperation with Egypt

    Date: 2014-11-22 10:40:52 GMT - Egypt - Economy - SN:33 - ID:1383945

    Kenya government announced that 2015 will be a year of the Egyptian industry and will witness more economic cooperation with Egypt. This came at the first investment conference held in Nairobi and wrapped up on Thursday. Former Head of the ....

  • Saudi-Egyptian Business Council discusses strategy of coming stage

    Saudi-Egyptian Business Council discusses strategy of coming stage

    Date: 2014-11-22 07:47:18 GMT - Egypt - Economy - SN:15 - ID:1382565

    Saudi-Egyptian Business Council held Friday discussed the strategy of the coming stage. The council aims at supporting the Egyptian-Saudi investments via boosting means and mechanisms of mutual cooperation, Chairman of the council Essam Nas said ....

  • Egypt bourse loses EGP 14bn over week, indexes show mixed performance

    Egypt bourse loses EGP 14bn over week, indexes show mixed performance

    Date: 2014-11-21 08:54:16 GMT - Egypt - Economy - SN:2 - ID:1378137

    The Egyptian Exchange (EGX) closed last week down with a loss of 14.4 billion pounds. The market capital reached 525 billion with a 2.7-percent decline, but indexes showed mixed performance. The main benchmark EGX 30 index was down 0.02 ....

  • Bourse indexes up despite protest calls

    Bourse indexes up despite protest calls

    Date: 2014-11-20 16:22:54 GMT - Egypt - Economy - SN:22 - ID:1375277

    The Egyptian Exchange continued for the third running session to make profits, backed by purchases by local investment funds and institutions, shunning Islamist calls for anti-regime protests planned on November 28. The market capital hit EGP ....

  • EGP 1.6bn allocated to implement sewerage projects in 139 villages -- Min.

    EGP 1.6bn allocated to implement sewerage projects in 139 villages -- Min.

    Date: 2014-11-20 14:17:17 GMT - Egypt - Economy - SN:15 - ID:1374229

    Local Development Minister Adel Labib said the ministry has allocated 1.6 billion pounds to implement sewerage projects in 139 villages. In a press release on Thursday, Labib said these projects comes within a plan that aims to develop these ....

  • 52 ships transit Suez Canal

    52 ships transit Suez Canal

    Date: 2014-11-19 16:37:45 GMT - Egypt - Economy - SN:58 - ID:1367657

    Fifty-two ships crossed the Suez Canal on Wednesday, carrying a total cargo of 3.3 million tons. The south-bound convoy included 20 ships carrying 1.1 million tons, while the north-bound convoy included 32 ships carrying 2.2 million tons. ....

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