Economy

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  • Category : Economy
  • 6.5-billion-pound treasury bills auctioned

    6.5-billion-pound treasury bills auctioned

    Date: 2015-04-26 12:25:28 GMT - Egypt - Economy - SN:30 - ID:2458897

    The Finance Ministry on Sunday auctioned 91-day and 266-day treasury bills at a total value of EGP 6.5 billion. In an online statement, the ministry said the average yield on the 91-day bills was 11.2 at a total of 2.5 billion pounds. The ....

  • Egypt-Indonesia trade exchange up 21%

    Egypt-Indonesia trade exchange up 21%

    Date: 2015-04-25 08:12:14 GMT - Indonesia - Economy - SN:9 - ID:2451073

    The volume of trade exchange between Egypt and Indonesia hit a 21% rise on last year reaching $258 million. Egyptian exports to the Indonesian market included 15 products and efforts are underway to improve the balance of trade in favor of Egypt, ....

  • Bourse continues gains for 2nd day

    Bourse continues gains for 2nd day

    Date: 2015-04-23 15:02:43 GMT - Egypt - Economy - SN:20 - ID:2442961

    The Egyptian Exchange (EGX) closed on Thursday with gains for the second day backed by share purchases by local and foreign investors. The market capital achieved gains worth EGP 3.4 billion to reach EGP 507.2 billion, after transactions hit EGP ....

  • 26 ships cross Suez Canal

    26 ships cross Suez Canal

    Date: 2015-04-22 12:32:15 GMT - Egypt - Economy - SN:30 - ID:2434241

    Thirty-six ships transited the Suez Canal on Wednesday, carrying a total cargo of 1.538 million tons. The south-bound convoy included two vessels carrying 2,600 tons, while the north-bound convoy included 24 ships carrying 1.536 tons. ....

  • Bulgaria seeks investments in Egypt's logistic grain hub

    Bulgaria seeks investments in Egypt's logistic grain hub

    Date: 2015-04-22 10:02:04 GMT - Egypt - Economy - SN:19 - ID:2432429

    Bulgaria expressed on Wednesday willingness to invest in the 13.1-billion-pound logistic hub for grains Egypt plans to set up in Dameitta. The remarks were made during a meeting between Bulgarian Ambassador here Rumen Petrov and Supply and ....

  • 32 ships cross Suez Canal

    32 ships cross Suez Canal

    Date: 2015-04-21 14:54:46 GMT - Egypt - Economy - SN:49 - ID:2427981

    Thirty-two ships transited the Suez Canal on Tuesday, carrying a total cargo of 1.791 million tons. The south-bound convoy included 25 vessels carrying 1.501 million tons, while the north-bound convoy included seven ships carrying 290,000 tons. ....

  • EGX loses EGP 1.4bn

    EGX loses EGP 1.4bn

    Date: 2015-04-21 14:29:50 GMT - Egypt - Economy - SN:45 - ID:2427681

    The Egyptian Exchange (EGX) indices went down on Tuesday on the back of intensive share sales by Arab and local investment funds. The market capital lost about 1.4 billion pounds to reach 500.9 billion after transactions worth 434 million. The ....

  • EGP 4.3bn to improve services in ministries

    EGP 4.3bn to improve services in ministries

    Date: 2015-04-21 14:07:25 GMT - Egypt - Economy - SN:39 - ID:2427437

    Minister of Finance Hani Qadri agreed to allocate EGP 4.3 billion to the ministries of health, petroleum, electricity, irrigation, supply, investment and education to improve their services. The head of the public budget at the Ministry of ....

  • EGX to launch e-disclosure system Thursday

    EGX to launch e-disclosure system Thursday

    Date: 2015-04-21 13:51:02 GMT - Egypt - Economy - SN:34 - ID:2427265

    The Egyptian Exchange (EGX) will launch its electronic disclosure system on Thursday. The step is meant to upgrade the performance of the Egyptian market and promote transparency. Companies listed on the EGX will be able to post disclosure ....

  • Investment minister meets EBRD head, WB executive director

    Investment minister meets EBRD head, WB executive director

    Date: 2015-04-20 13:52:50 GMT - Egypt - Economy - SN:33 - ID:2419321

    Investment Minister Ashraf Salman held several meetings on the sidelines of his participation in the meetings of the International Monetary Fund (IMF) and the World Bank (WB) in Washington. The International Cooperation Minister Naglaa el Ahwany ....

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