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Economy
- Service : English
- Category : Economy
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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 ....
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Egypt bourse loses EGP 2.9 billion in week
Date: 2015-03-20 09:08:01 GMT - Egypt - Economy - SN:6 - ID:2204697
The Egyptian Exchange (EGX) suffered a 2.9-billion-pounds loss during this week's trading. The market capital lost about 0.6% to reach 520.3 billion pounds in comparison to 523.2 billion pounds during transactions of the previous week. The ....
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Finance Ministry offers T-bills at EGP 7 billion
Date: 2015-03-19 15:01:52 GMT - Egypt - Economy - SN:29 - ID:2201261
The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 7 billion. In an online statement, the ministry said it sold EGP 3 billion of 182-day T-bills. The average yield was 11.372 percent, it said, adding it accepted ....
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EGX loses EGP 1.7bn
Date: 2015-03-18 14:56:10 GMT - Egypt - Economy - SN:43 - ID:2193029
The Egyptian Exchange (EGX) lost 1.7 billion pounds at the end of Wednesday's trading. The EGX 30 benchmark index dropped by 0.81 percent to close at 9,484.08 points. The broader EGX 70 index of the leading smaller and mid cap enterprises ....
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42 ships transit Suez Canal
Date: 2015-03-18 12:25:24 GMT - Egypt - Economy - SN:35 - ID:2191349
Up to 42 ships crossed the Suez Canal on Wednesday, carrying a total cargo of around 2.4 million tons. The south-bound convoy included 24 ships carrying about 1.2 million tons, while the north-bound convoy included 18 vessels carrying around 1.2 ....
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Banque Misr to fund small, medium-sized projects
Date: 2015-03-18 11:51:52 GMT - Egypt - Economy - SN:31 - ID:2190957
Banque Misr will provide necessary funding for small and medium-sized projects as part of efforts to fight unemployment and encourage free business away from government jobs. Mohamed Atrebi, board chairman of the bank, told MENA that the move ....
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Oil minister: Egypt keen on boosting cooperation with Jordan
Date: 2015-03-18 11:46:34 GMT - Egypt - Economy - SN:29 - ID:2190917
Egypt is keen on boosting cooperation with Jordan in the fields of oil and gas, Petroleum Minister Sherif Ismail said on Wednesday. At a meeting with his Jordanian counterpart Ibrahim Seif, Ismail discussed regional cooperation between Egypt, ....
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Trade min. signs energy deal with UNIDO
Date: 2015-03-17 17:09:24 GMT - Egypt - Economy - SN:52 - ID:2186681
Minister of Trade and Industry Mounir Fakhry Abdel Nour signed on Tuesday a cooperation agreement with Director General of the United Nations Industrial Development Organization (UNIDO) LI Yong. The $6.5 million deal, funded by the Global ....
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Egypt bourse records collective rise
Date: 2015-03-17 15:44:52 GMT - Egypt - Economy - SN:33 - ID:2186161
The Egyptian Exchange (EGX) indices shut Tuesday's session collectively up backed by wide purchases of the shares of the Central Bank of Egypt. The market capital gained about 1.6 billion pounds, hitting 524.2 billion pounds, after transactions ....
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EGAS, Russia's Gazprom sign agreement on purchase of LNG
Date: 2015-03-17 13:49:16 GMT - Egypt - Economy - SN:24 - ID:2185129
Minister of Oil Sherif Ismail on Tuesday witnessed the signing of an agreement on importation of liquefied natural gas (LNG) between the Egyptian Natural Gas Holding Company (EGAS) and Russia's Gazprom. EGAS Chairman Khaled Abdel Badie and ....
