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Economy
- Service : English
- Category : Economy
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Int'l, Arab monetary funds agree to boost partnership
Date: 2015-04-20 07:56:36 GMT - USA - Economy - SN:3 - ID:2415369
The International Monetary Fund (IMF) and its Arab counterpart signed on Monday a memo of understanding to boost partnership and to play a more effective role in meeting the needs of member states. The memo also provides for giving more training ....
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Egypt bourse loses EGP 2.9bn
Date: 2015-04-19 16:45:21 GMT - Egypt - Economy - SN:30 - ID:2413033
The Egyptian Exchange (EGX) indices shut on Sunday's session collectively down over sales by Egyptian, Arab and foreign institutions and investment funds. The market capital lost about 2.9 billion pounds to hit 508.4 billion pounds, after ....
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Sanmar Group to pump dlrs 350 mn investments in Egypt
Date: 2015-04-19 11:32:03 GMT - Egypt - Economy - SN:24 - ID:2410253
Egypt's Ambassador to India Hatem Tag El Din received on Sunday Deputy Chairman of Sanmar Group and Head of the Egyptian-Indian Business Council Vijay Sankar, according to a statement released by the Foreign Ministry. The meeting aims at ....
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IMF: Positive indicators for Egypt economy
Date: 2015-04-17 10:56:03 GMT - Kingdom of Saudi Arabia - Economy - SN:10 - ID:2398169
Head of the International Monetary Fund Christine Lagarde lauded the positive indicators achieved by the Egyptian economy recently, asserting the readiness of the IMF to offer Egypt the needed loans to push the national economy forward. In an ....
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Bourse indexes lose EGP 400 mn last week
Date: 2015-04-17 10:04:19 GMT - Egypt - Economy - SN:8 - ID:2397897
The Egyptian Exchange closed last week with losses amounting to EGP 400 million and its indexes were all down due to Sham El Nessim and Easter holidays. During the course of the week, the benchmark index EGX 30 declined 0.06 percent to 8,887 ....
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58 ships transit Suez Canal
Date: 2015-04-15 11:44:40 GMT - Egypt - Economy - SN:20 - ID:2384277
Fifty-eight vessels transited the Suez Canal on Wednesday carrying a cargo of around 3.9 million tons in two convoys. The south-bound convoy includes 37 ships carrying 1.428 million tons, while the north-bound convoy includes 21 vessels carrying ....
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EGX up; index gains EGP 1.08 billion
Date: 2015-04-14 14:43:24 GMT - Egypt - Economy - SN:41 - ID:2378197
The Egyptian Stock Exchange (EGX) indices were collectively up at the close of Tuesday's trading, backed by purchases of Arab and Egyptian investors. The market capital gained EGP 1.08 billion to reach EGP 511.96 billion after transactions worth ....
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Grains stock at Alex. port hits 1.128m tons
Date: 2015-04-14 12:39:32 GMT - Egypt - Economy - SN:24 - ID:2376661
Two Russian ships carrying 126,000 tons of wheat and two ships hoisting the flags of Ukraine and carrying 82,000 tons of corn arrived on Tuesday at Alexandria Port, the port head said. Abdel Qader Darwish added that the grain stock at the port ....
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Gov't approves contracting 8 investment projects - governor
Date: 2015-04-13 13:16:37 GMT - Egypt - Economy - SN:31 - ID:2370785
Matrouh Governor Alaa Abu Zaid announced that the government approved of contracting eight investment projects in Matrouh and northwestern coast with a total cost of 15 billion pounds for the first time since 2011 so as to push forward the wheel of ....
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Mahlab, Giza governor discuss ways of developing Giza
Date: 2015-04-13 12:52:26 GMT - Egypt - Economy - SN:29 - ID:2370593
Prime Minister Ibrahim Mahlab discussed on Monday with Giza Governor Khaled Zakaria the establishment of development projects in the governorate. Agriculture Minister Salah Hilal attended the talks. The governor proposed developing the Orman ....
