Economy

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  • Category : Economy
  • High-profile delegation of S.Korea takes part in EEDC

    High-profile delegation of S.Korea takes part in EEDC

    Date: 2015-03-09 12:14:22 GMT - Egypt - Economy - SN:40 - ID:2122437

    Minister of Industry and Trade Mounir Fakhry Abdel Nour said a 30-member delegation of government officials and businessmen from South Korea will take part in the Egypt Economic Development Conference (EEDC) in Sharm El Sheikh. This came ....

  • No intention to increase petroleum products price: Oil Ministry

    No intention to increase petroleum products price: Oil Ministry

    Date: 2015-03-09 11:01:37 GMT - Egypt - Economy - SN:29 - ID:2121693

    The Ministry of Petroleum and Mineral Wealth denied any intention to increase the prices of petroleum products. News going round the social website are mere rumors and totally void of truth, Spokesman of Petroleum Ministry Hamdy Abdel Aziz said ....

  • Ministerial monitoring body submits report to Sharm el Sheikh summit

    Ministerial monitoring body submits report to Sharm el Sheikh summit

    Date: 2015-03-09 10:41:53 GMT - Egypt - Economy - SN:22 - ID:2121505

    The body monitoring the decisions and commitments affiliated to the Arab Summit has submitted a comprehensive report on following up the implementation of the last Arab Summit decisions, to the upcoming Arab Summit which will be held in Sharm el ....

  • Gov't to pursue work to achieve financial stability, reduce budget deficit - minister

    Gov't to pursue work to achieve financial stability, reduce budget deficit - minister

    Date: 2015-03-09 08:11:08 GMT - Egypt - Economy - SN:4 - ID:2120065

    Minister of Planning and Administrative Reform Ashraf al Arabi said the government will pursue work to achieve financial stability, reduce budget deficit and improve infrastructure to lure in more investments after Egypt Economic Development ....

  • 46 vessels transit Suez Canal

    46 vessels transit Suez Canal

    Date: 2015-03-08 11:46:26 GMT - Egypt - Economy - SN:23 - ID:2114741

    Forty-six ships transited the Suez Canal on Sunday, carrying a total cargo of 2.642 million tons. The south-bound convoy included 37 vessels carrying 2.223 million tons, while the north-bound convoy included nine ships carrying 419,000 tons. ....

  • Supply minister: Russian-German consortium submits proposal for investment in grains logistics centre

    Supply minister: Russian-German consortium submits proposal for investment in grains logistics centre

    Date: 2015-03-08 09:36:11 GMT - Egypt - Economy - SN:15 - ID:2113265

    A Russian-German consortium has presented an initial proposal to sign a memorandum of understanding to to form a long-term tripartite partnership with Egypt for investment in the global logistics center that will be established in Damietta for the ....

  • All EGX indexes up

    All EGX indexes up

    Date: 2015-03-05 14:55:34 GMT - Egypt - Economy - SN:26 - ID:2098033

    The Egyptian Exchange (EGX) indexes closed on Thursday with gains backed by strong share purchases by foreign institutions and equity funds. The market capital hit EGP 514.8 billion, after transactions exceeded EGP 2.6 billion. The EGX 30 ....

  • Cabinet approves draft resolution to upgrade investment system

    Cabinet approves draft resolution to upgrade investment system

    Date: 2015-03-04 12:13:17 GMT - Egypt - Economy - SN:36 - ID:2088657

    The Egyptian Cabinet has approved a presidential draft resolution to upgrade the investment system. Prime Minister Ibrahim Mahlab made the announcement to reporters Wednesday before heading for a meeting with President Abdel Fattah El Sisi. ....

  • 49 ships transit Suez Canal

    49 ships transit Suez Canal

    Date: 2015-03-04 10:53:20 GMT - Egypt - Economy - SN:29 - ID:2087753

    Forty-nine ships transited the Suez Canal on Wednesday, carrying a total cargo of 2.421 million tons. The south-bound convoy included 26 vessels carrying 1.109 million tons, while the north-bound convoy included 23 ships carrying 1.312 million ....

  • Egypt bourse lists Emaar, Orascom Construction

    Egypt bourse lists Emaar, Orascom Construction

    Date: 2015-03-04 10:34:28 GMT - Egypt - Economy - SN:26 - ID:2087505

    The Egyptian Exchange (EGX) announced that its securities listing committee approved on Wednesday the listing of Emaar Real Estate Development and Orascom Construction with EGP 878 million and $105 million capital respectively. This will mark the ....

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