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Economy
- Service : English
- Category : Economy
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Limited losses at EGX
Date: 2015-05-11 15:12:55 GMT - Egypt - Economy - SN:45 - ID:2565825
The Egyptian Exchange (EGX) closed Monday with limited losses affected by sales of leading shares by foreign and Arab investors in the real estate and investment sectors. The market capital lost about EGP 200 million to hit EGP 499.2 billion ....
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EBRD invites EGX chief to speak at annual meeting
Date: 2015-05-11 12:11:36 GMT - Egypt - Economy - SN:38 - ID:2563753
The European Bank for Reconstruction and Development (EBRD) invited Chairman of the Egyptian Exchange Mohamed Omran to deliver a speech at the 2015 EBRD Annual Meeting and Business Forum, which will take place on May 14-15 in the Georgian capital of ....
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Wheat consumption amounts to 8.3mn tons in 2014-2015 -- Minister
Date: 2015-05-11 11:36:27 GMT - Egypt - Economy - SN:34 - ID:2563277
Wheat consumption in Egypt has decreased from 10.2 million tons in 2013-2014 to 8.3 million in 2014-2015, Supply Minister Khaled Hanafy said Monday. He credited a new bread system applied in the country for the 23 percent drop. Talking facts ....
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51 ships transit Suez Canal
Date: 2015-05-11 10:45:47 GMT - Egypt - Economy - SN:26 - ID:2562741
Fifty-one vessels crossed the Suez Canal on Monday, carrying a total cargo of 2,194 million tons. The south-bound convoy included 28 ships carrying 1,364 million tons, while the north-bound convoy included 23 vessels carrying 830,000 tons. ....
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Smart fuel card applicable as of June 15 - official
Date: 2015-05-10 12:03:59 GMT - Egypt - Economy - SN:31 - ID:2556405
The enforcement of the smart fuel card will start on June 15 and no subsidized fuel will be dispensed as of this date without the card, an official at the Finance Ministry said. Speaking at a press conference Sunday, Assistant Finance Minister ....
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CAPMAS: Monthly inflation down by 0.1% in April
Date: 2015-05-10 08:19:31 GMT - Egypt - Economy - SN:2 - ID:2554029
Inflation rate was down by 0.1 percent from March to April to hit 160.7 points, said the Central Agency for Public Mobilization and Statistics (CAPMAS). Annual inflation rate rose by 11 percent, the agency said in a statement, a copy of which ....
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Egypt, Saudi Arabia to probe joint power projects
Date: 2015-05-09 10:54:02 GMT - Egypt - Economy - SN:10 - ID:2548945
The Egyptian-Saudi committee concerned with electricity and energy will start meetings in Riyadh Sunday to review power linkage projects. Electricity Minister Mohamed Shaker left here Saturday for the Saudi capital, leading a delegation from the ....
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Supply minister: Multinational consortium ready to establish logistics project in Egypt
Date: 2015-05-08 13:24:31 GMT - Egypt - Economy - SN:18 - ID:2544729
A multinational consortium expressed readiness to carry out a mega logistics project in Egypt, said Supply Minister Khaled Hanafy on Friday. The project includes establishing goods and commodities logistic areas across the country as well as a ....
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Agriculture min.: Selling fertilizers on black market prohibited
Date: 2015-05-08 13:09:29 GMT - Egypt - Economy - SN:17 - ID:2544613
Any attempt to sell fertilizers on the black market will be banned by the State authorities,Agriculture Minister Salah Eddin Hilal asserted on Friday. He called on farmers to report any person seeking to manipulate and tempt them to sell ....
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PM re-forms general assembly of Holding Company for Cotton, Spinning
Date: 2015-05-08 13:06:23 GMT - Egypt - Economy - SN:16 - ID:2544581
Prime Minister Ibrahim Mahlab on Friday decided to reform the general assembly of the Holding Company for Cotton, Spinning and Weaving. The general assembly, which will be in charge for three years, is chaired by Investment Minister Ashraf ....
