Economy

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  • Big bids at EGX to lure investors -- Official

    Big bids at EGX to lure investors -- Official

    Date: 2015-02-23 09:38:04 GMT - Egypt - Economy - SN:16 - ID:2023945

    After years of lame offers, the Egyptian Exchange (EGX) is finally getting big bids that will sure lure more local, Arab and foreign investments, the CEO of EFG Hermes has said. The Arabian Cement Company (ACC) made the first big bid mid 2014, ....

  • World's biggest cargo ship crosses Suez Canal

    World's biggest cargo ship crosses Suez Canal

    Date: 2015-02-23 07:57:59 GMT - Egypt - Economy - SN:10 - ID:2023209

    The world's biggest cargo ship transited the Suez Canal Monday, coming from Indonesia en route to the Port of Rotterdam in the Netherlands. The container ship was hoisting the flag of Panama, a source with the Suez Canal Authority told ....

  • Agriculture minister meets with SEBA delegation

    Agriculture minister meets with SEBA delegation

    Date: 2015-02-22 11:42:09 GMT - Egypt - Economy - SN:30 - ID:2018309

    Agriculture Minister Adel el Beltagy has met with a delegation from the Saudi-Egyptian Businessmen Association (SEBA) to discuss operational procedures for the cultivation of one million feddans, which were announced by President Abdel Fattah El ....

  • 34 ships transit Suez Canal

    34 ships transit Suez Canal

    Date: 2015-02-22 11:07:48 GMT - Egypt - Economy - SN:26 - ID:2017949

    Thirty-four ships carrying around 1.5 million tons transited the Suez Canal in two convoys on Sunday. The south-bound convoy carried 942,000 tons, while the north-bound convoy carried around 1.5 million tons. ....

  • Panamanian ships on top of Suez Canal transit list

    Panamanian ships on top of Suez Canal transit list

    Date: 2015-02-22 08:28:03 GMT - Egypt - Economy - SN:9 - ID:2016477

    The Panamanian ships were on the top of the list of vessels transiting the Suez Canal in 2014. Some 2,550 Panamanian ships passed through the international waterway in 2014 against 2,638 the year before, according to official Canal Authority ....

  • Egypt trade minister attends opening of int'l agricultural show in Paris

    Egypt trade minister attends opening of int'l agricultural show in Paris

    Date: 2015-02-21 12:29:20 GMT - France - Economy - SN:36 - ID:2012617

    Egypt's Trade and Industry Minister Mounir Fakhry Abdel Nour took part in the opening of the 52nd International Agricultural Show in Paris on Saturday. French President Francois Hollande attended the conference along with a strong media ....

  • Collective decline in Egypt bourse indices

    Collective decline in Egypt bourse indices

    Date: 2015-02-19 15:43:17 GMT - Egypt - Economy - SN:25 - ID:2002097

    The Egyptian Exchange (EGX) indices shut on Thursday's session collectively down over intensive sales by investment funds. The market capital reached 515.5 billion pounds, with annual losses estimated at 15.2 billion pounds. The main ....

  • Egypt, Jordan discuss cooperation in crude, gas domains

    Egypt, Jordan discuss cooperation in crude, gas domains

    Date: 2015-02-18 16:45:31 GMT - Jordan - Economy - SN:48 - ID:1995161

    Jordanian Energy and Mineral Resources Minister Mohammed Hamed discussed Wednesday with Egypt's Petroleum and Mineral Resources Minister Sherif Ismail cooperation in spheres of crude oil and natural gas. They also discussed needs of the two ....

  • Egypt bourse gains EGP 3.9bn, index up 1.1 pct

    Egypt bourse gains EGP 3.9bn, index up 1.1 pct

    Date: 2015-02-18 15:05:40 GMT - Egypt - Economy - SN:38 - ID:1994441

    The Egyptian Exchange (EGX) rebounded at the close of Wednesday's trading, backed by purchases of Arab and foreign investors. The market capital achieved gains worth about 3.9 billion pounds to reach 521 billion pounds, after transactions hit ....

  • 32 ships transit Suez Canal

    32 ships transit Suez Canal

    Date: 2015-02-18 13:17:05 GMT - Egypt - Economy - SN:27 - ID:1993405

    Thirty-two ships carrying around 1.8 million tons transited the Suez Canal in two convoys on Wednesday. The south-bound convoy carried 282,000 tons, while the north-bound convoy carried 1.598 million tons. ....

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