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Economy
- Service : English
- Category : Economy
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US's Bechtel offers financing Egypt's national projects with soft conditions
Date: 2014-10-22 11:15:36 GMT - Egypt - Economy - SN:36 - ID:1176205
Supply and Internal Trade Minister Dr Khalef Hefny conferred on Wednesday with chairman of the US Bechtel Corporation Brian Hans who offered that his foundation finances any national projects in Egypt with soft financial loans. In statements on ....
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Moody's raising of Egypt's outlook 'positive': min.
Date: 2014-10-21 18:49:05 GMT - Egypt - Economy - SN:87 - ID:1173001
Finance Minister Hani Qadri Demian said Tuesday Moody's decision to raise Egypt's outlook from negative to stable was a positive step towards improving the country's status on the international investments' map. However, Demian said in a ....
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India amb. confers with Menia governor on metallurgical investments
Date: 2014-10-21 17:56:54 GMT - Egypt - Economy - SN:79 - ID:1172789
Indian Ambassador to Egypt Navdeep Suri conferred with Menia Governor Salah Ziada and representatives of chambers of commerce in Menia on opportunities to expand economic cooperation and attract Indian investments especially into the metallurgical ....
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Egypt purchases 180,000 tons of wheat
Date: 2014-10-21 17:30:22 GMT - Egypt - Economy - SN:77 - ID:1172537
The Ministry of Supply and Internal Trade has purchased 180,000 tons of wheat from France, Romania and Russia to produce subsidized bread through an international tender. The average price of wheat hits $255.16 per ton. The shipments will ....
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Deal on exchange of agricultural risks signed
Date: 2014-10-21 16:49:22 GMT - Egypt - Economy - SN:67 - ID:1172273
Agriculture Minister Adel el-Beltagi signed on Tuesday a deal over the exchange of agricultural risks. Both the European Union and the French Agency for Development are funding the project. An Agriculture Ministry official said the agreement ....
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51 vessels transit Suez Canal
Date: 2014-10-21 14:28:07 GMT - Egypt - Economy - SN:42 - ID:1171173
Fifty-one ships transited the Suez Canal on Tuesday, carrying a total cargo of 2.471 million tons. The south-bound convoy included 30 vessels, carrying 1.516 million tons, while the north-bound convoy included 21 ships, carrying 955,000 tons. ....
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EGX gains 4.2bln pounds, index up 1.15 percent
Date: 2014-10-21 14:24:05 GMT - Egypt - Economy - SN:40 - ID:1171125
The Egyptian Exchange made gains at the end of Tuesday's trading session backed by purchases by Arab and foreign institutions and investment funds. The market capital achieved gains worth 4.2 billion pounds to reach 489.9 billion pounds after ....
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Omran: Economic reform will have positive impact on investment, stock market
Date: 2014-10-21 10:28:24 GMT - Egypt - Economy - SN:10 - ID:1168741
Chairman of the Egyptian Exchange Mohamed Omran voiced upbeat over rise in Egypt's economic growth rates in the coming phase. In statements during his meeting with Egyptian Businessmen Society on Tuesday, Omran said the rise in growth rates could ....
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Egyptian GDRs in London up
Date: 2014-10-20 17:57:44 GMT - United Kingdom - Economy - SN:73 - ID:1165429
The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange rose at the close of Monday's trading. The GDRs of the Commercial International Bank (CIB) and Orascom Telecom went up by 0.72 and 8.11 percent to 6.27 and 0.80 ....
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Egypt's growth rate expected to hit 3.2% in 2014/2015 - min.
Date: 2014-10-20 12:51:38 GMT - Egypt - Economy - SN:46 - ID:1162773
Planning Minister Ashraf el-Arabi said Sunday that Egypt's economic growth rate is expected to hit 3.2% in 2014/2015, stressing that it will not decline as a result of the International Monetary Fund (IMF)'s forecasts of global economic ....
