Economy
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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 ....
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24 ships transit Suez Canal
Date: 2015-03-17 12:49:09 GMT - Egypt - Economy - SN:14 - ID:2184401
Twenty-four ships crossed the Suez Canal on Tuesday, carrying a total cargo of around 1.09 million tons. The south-bound convoy included nine ships carrying 398,000 tons, while the north-bound convoy included 15 vessels carrying 692,000 tons. ....
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FEI signs protocols to implement industrial projects
Date: 2015-03-16 13:27:20 GMT - Egypt - Economy - SN:50 - ID:2176809
A number of protocols have been signed to implement projects floated by the Federation of Egyptian Industries during the Egypt Economic Development Conference (EEDC), which wrapped up in the Red Sea resort of Sharm el Sheikh Sunday. The projects ....
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48 vessels transit Suez Canal
Date: 2015-03-16 12:57:04 GMT - Egypt - Economy - SN:47 - ID:2176449
Forty-eight ships crossed the Suez Canal on Monday, carrying a total cargo of 2.773 million tons. The south-bound convoy included 25 ships carrying 1.429 million tons, while the north-bound convoy included 23 vessels carrying 1.344 million tons. ....
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CBE to receive Gulf deposits within days - Ramez
Date: 2015-03-16 10:59:17 GMT - Egypt - Economy - SN:24 - ID:2175117
Deposits announced by Gulf leaderships during the Egypt Economic Development Conference (EEDC), will be received by the Central Bank of Egypt (CBE) within days, said CBE Governor Hisham Ramez. In exclusive statements to MENA Monday, Ramez said ....
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Agriculture minister: Marketing of reclamation project of second 1mn feddans starts
Date: 2015-03-16 08:51:49 GMT - Egypt - Economy - SN:5 - ID:2173933
Minister of Agriculture and Land Reclamation Salah Hilal said the ministry has started marketing the second one-million feddans as part of a national larger scheme to reclaim a total of four million feddans of land announced by President Abdel ....
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Al Ahly Co. for Land Reclamation & Cultivation to reclaim 10,000 feddans in Farafra
Date: 2015-03-16 08:15:49 GMT - Egypt - Economy - SN:3 - ID:2173649
Al Ahly Co. for Land Reclamation & Cultivation will be reclaiming 10,000 feddans in Farafra area at a total cost of 200 million pounds, said Hisham Okasha, board chairman of the National Bank of Egypt, Monday. The project will be implemented in ....
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Egypt bourse records collective rise
Date: 2015-03-15 16:48:08 GMT - Egypt - Economy - SN:52 - ID:2171125
The Egyptian Exchange (EGX) indices shut Sunday's session collectively up backed by wide purchases by Arab and Egyptian investors. The market capital gained about 2 billion pounds, hitting 525.2 billion pounds, after transactions reached about ....
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BP plans to pump more investments in Egypt's oil, gas sector
Date: 2015-03-15 11:58:16 GMT - Egypt - Economy - SN:39 - ID:2168121
British Petroleum (BP) CEO Bob Dudley stressed that the company plans to pump more investments in the gas and petroleum sector in Egypt within the coming period. Dudley, during a meeting with Prime Minister Ibrahim Mahlab, referred to the ....