Economy

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  • 24 ships transit Suez Canal

    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. ....

  • FEI signs protocols to implement industrial projects

    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 ....

  • 48 vessels transit Suez Canal

    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. ....

  • CBE to receive Gulf deposits within days - Ramez

    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 ....

  • Agriculture minister: Marketing of reclamation project of second 1mn feddans starts

    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 ....

  • Al Ahly Co. for Land Reclamation & Cultivation to reclaim 10,000 feddans in Farafra

    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 ....

  • Egypt bourse records collective rise

    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 ....

  • BP plans to pump more investments in Egypt's oil, gas sector

    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 ....

  • 58 ships transit Suez Canal

    58 ships transit Suez Canal

    Date: 2015-03-15 10:58:21 GMT - Egypt - Economy - SN:32 - ID:2167525

    Fifty-eight ships transited the Suez Canal on Sunday, carrying a total cargo of around 3.39 million tons. The south-bound convoy included 42 vessels carrying about 2.35 million tons, while the north-bound convoy included 16 ships carrying around ....

  • Bourse: Capital market in Egypt revives

    Bourse: Capital market in Egypt revives

    Date: 2015-03-15 09:45:59 GMT - Egypt - Economy - SN:18 - ID:2166661

    Egypt's exchange chairman Mohamed Omran expected that capital market in Egypt will influentially revive and lure more investments. Addressing a session held to discuss funding of emerging markets on the fringe of the EEDC, currently in session ....

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