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Economy
- Service : English
- Category : Economy
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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 ....
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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 ....
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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 ....
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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 ....
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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. ....
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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 ....
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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 ....
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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 ....
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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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All civil servants to cash their salaries through banks as of July - minister
Date: 2015-03-23 07:57:03 GMT - Egypt - Economy - SN:6 - ID:2221865
Finance Minister Hani Qadri said on Monday that all government employees will cash their salaries from banks as of July. He said state salaries reached 207 billion pounds this year. He stressed that government purchases over 1,000 pounds will ....
