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Economy
- Service : English
- Category : Economy
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Egypt bourse up for 2nd week in a row, gains EGP 20 bn
Date: 2014-11-14 07:46:00 GMT - Egypt - Economy - SN:1 - ID:1330393
The Egyptian Exchange indexes closed last week up for the second week in a row. Its market capital gained EGP 20 billion to hit EGP 539.5 billion or 3.8 percent higher than the week before. During the course of the week, the benchmark index ....
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EGX down 1.55 pct
Date: 2014-11-12 14:22:27 GMT - Egypt - Economy - SN:47 - ID:1320017
The Egyptian Exchange (EGX) indices went down Wednesday on the backdrop of intensive sales by Egyptian and Arab investors. The market capital hit about 534.3 billion pounds after transactions wroth 765 billion pounds. The EGX 30 benchmark ....
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Developing Upper Egypt villages project funded by KRCS
Date: 2014-11-12 12:52:02 GMT - Egypt - Economy - SN:41 - ID:1318933
The Egyptian Financial Group EFG-Hermes for social development has signed a memorandum of understanding with the Kuwaiti initiative to support the Egyptian people to fund the project of developing a village in Qus district in Qena province, Upper ....
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Budget deficit up to EGP 65.8bn during 1st quarter of 2014-15
Date: 2014-11-12 11:22:19 GMT - Egypt - Economy - SN:34 - ID:1317993
Egypt's budget deficit increased to 65.8 billion pounds in the period between July and September 2014. The budget deficit stood at 59.9 billion in the same period in the last fiscal year, according to a Finance Ministry statement. Budget ....
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Washington seeking real cooperation with Egypt, says diplomat
Date: 2014-11-12 09:17:32 GMT - Egypt - Economy - SN:14 - ID:1316581
The US administration is acting to support the Egyptian economy, said Senior Adviser to the US Secretary of State David Thorne Wednesday. Washington is keen on cooperating with Cairo at all levels, Thorne said, praising positive steps taken by ....
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Minister: Egypt, France have great opportunities for joint investments in mega projects
Date: 2014-11-12 08:34:21 GMT - Egypt - Economy - SN:11 - ID:1316133
Supply and Internal Trade Dr Khaled Hefni asserted that Egypt and France have good relations in all fields and could join hands in establishing investments in the mega national projects which are currently under construction in Egypt. Addressing ....
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CAEU head calls for comprehensive Arab economic integration
Date: 2014-11-11 16:08:21 GMT - Egypt - Economy - SN:45 - ID:1313133
Secretary-General of the Council of Arab Economic Unity (CAEU) Mohamed al-Rabea has called for a comprehensive Arab economic integration. Speaking at the 42nd meeting of the CAEU in Jordan, al-Rabea said that many countries were moving under a ....
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Investment min., businessmen discuss challenges facing investors
Date: 2014-11-11 14:53:44 GMT - Egypt - Economy - SN:40 - ID:1312401
Minister of investment Ashraf Salman held a meeting on Tuesday with businessmen to discuss ways to overcome challenges facing investors. The participants presented a number of proposals to develop work in the investment zones and industrial ....
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Trade min., Italian amb. meet over Sisi visit to Italy
Date: 2014-11-11 14:13:01 GMT - Egypt - Economy - SN:36 - ID:1311973
Minister of Trade and Industry Munir Fakhry Abdel Nour held on Tuesday a meeting with Italian Ambassador to Egypt Maurizio Massari. They discussed preparations for a visit to be paid by President Abdel Fattah El Sisi to Italy this month. They ....
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48 vessels transit Suez Canal
Date: 2014-11-11 12:18:10 GMT - Egypt - Economy - SN:9 - ID:1310785
Forty-eight vessels transited the Suez Canal on Tuesday, carrying a total cargo of 2.417 million tons. The south-bound convoy included 31 vessels with a combined cargo of 1.363 million tons while the north-bound convoy included 17 ships, carrying ....
