Economy

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  • 26 vessels transit Suez Canal

    26 vessels transit Suez Canal

    Date: 2015-03-29 11:07:19 GMT - Egypt - Economy - SN:26 - ID:2268025

    Twenty-six ships crossed the Suez Canal on Sunday, carrying a total cargo of 1,804 million tons. The south-bound convoy included 21 ships carrying 1,377 million tons, while the north-bound convoy included five vessels carrying 427,000 tons. ....

  • EGX has not benefited from EEDC so far, says expert

    EGX has not benefited from EEDC so far, says expert

    Date: 2015-03-24 16:33:53 GMT - Egypt - Economy - SN:52 - ID:2234933

    An economic expert said on Tuesday that the Egyptian Exchange (EGX) has not benefited yet from the positive results of the past week's Egypt Economic Development Conference (EEDC). In statements to MENA, Mohamed Gaballah said the stock exchange ....

  • Qalaa Holdings invests 45 million dollars in gold mines in western Ethiopia

    Qalaa Holdings invests 45 million dollars in gold mines in western Ethiopia

    Date: 2015-03-24 16:27:13 GMT - Ethiopia - Economy - SN:51 - ID:2234885

    Executive Director of Qalaa Holdings Hisham el Khazendar said that the company allotted 30 million dollars in investments implemented by Orascom company to search for gold in western Ethiopia gold mines. The company also is willing to invest ....

  • EGX loses EGP 700m

    EGX loses EGP 700m

    Date: 2015-03-24 13:40:14 GMT - Egypt - Economy - SN:22 - ID:2233289

    The Egyptian Exchange (EGX) indices went down on Tuesday on the back of intensive share sales by foreign investment funds and institutions. The market capital lost about EGP 700 million to reach EGP 513.6 billion after transactions reached EGP ....

  • 35 ships cross Suez Canal

    35 ships cross Suez Canal

    Date: 2015-03-24 12:56:31 GMT - Egypt - Economy - SN:17 - ID:2232873

    Thirty-five vessels transited the Suez Canal on Tuesday, carrying a total cargo of 2.279 million tons. The south-bound convoy included 21 ships, carrying 1.366 million tons and the north-bound convoy included 14 vessels with a combined cargo of ....

  • Egypt's bourse shows varied performance

    Egypt's bourse shows varied performance

    Date: 2015-03-23 13:54:23 GMT - Egypt - Economy - SN:49 - ID:2225769

    The Egyptian Stock Exchange (EGX) indexes showed varied performance at the close of Monday's trading amid purchases by foreign investment funds and institutions and Arab investors and sales by Egyptian and Arab institutions and investment funds. ....

  • World's biggest container ship pays EGP  6.2mln to cross Suez Canal

    World's biggest container ship pays EGP 6.2mln to cross Suez Canal

    Date: 2015-03-23 13:26:57 GMT - Egypt - Economy - SN:47 - ID:2225477

    The world's biggest container ship paid 6.2 million pounds as a toll fees for passing through the Suez Canal, said a well-placed shipping source at Suez Canal Authority. The container ship, carrying about 196,000 tons of cargo on board, crossed ....

  • EGP 6 billion treasury bills auctioned

    EGP 6 billion treasury bills auctioned

    Date: 2015-03-23 12:21:36 GMT - Egypt - Economy - SN:39 - ID:2224801

    The Finance Ministry on Monday auctioned three-year, seven-year and zero-coupon treasury bills at a total value of six billion pounds. In an online statement, the ministry said it auctioned three-year T-bills worth EGP 2.5 billion and seven-year ....

  • Egypt's supply minister meets Kenyan agriculture minister

    Egypt's supply minister meets Kenyan agriculture minister

    Date: 2015-03-23 10:32:45 GMT - Egypt - Economy - SN:27 - ID:2223405

    Supply Minister Khaled Hanafy met Monday with Kenyan Minister of Agriculture, Livestock and Fisheries Felix Koskei along with his accompanying delegation. During the meeting, Hanafy discussed with the Kenyan minister exporting brown sugar from ....

  • 24 ships transit Suez Canal

    24 ships transit Suez Canal

    Date: 2015-03-23 10:20:01 GMT - Egypt - Economy - SN:24 - ID:2223269

    Twenty-four ships crossed the Suez Canal on Monday, carrying a total cargo of 1.166 million tons. The south-bound convoy included five ships carrying 215,000 tons, while the north-bound convoy included 19 vessels carrying 951,000 tons. ....

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