Economy
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- Category : Economy
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Egypt, Croatia discuss bolstering tourism, investment cooperation
Date: 2015-02-16 12:38:55 GMT - Egypt - Economy - SN:52 - ID:1976557
Minister of Tourism Hisham Zazou conferred on Monday with Croatian President Kolinda Grabar-Kitarovic on means of bolstering bilateral cooperation in all domains, especially in tourism and investment. A statement released by the Tourism Ministry ....
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31 vessels transit Suez Canal
Date: 2015-02-16 11:20:54 GMT - Egypt - Economy - SN:40 - ID:1975397
Thirty-one ships transited the Suez Canal on Monday, carrying a total cargo of 2.131 million tons. The south-bound convoy included 28 vessels carrying 2.26 million tons, while the north-bound convoy included three ships carrying 105,000 tons. ....
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Egypt, Cyprus ink deal for natural gas cooperation
Date: 2015-02-16 10:30:19 GMT - Egypt - Economy - SN:32 - ID:1974745
Egypt and Cyprus agreed on Monday to set up a maritime line from Aphrodite gas field in Cyprus till Egypt. The six-month memo of understanding, signed by Petroleum Minister Sherif Ismail and Cypriot Energy and Tourism Minister Giorgos ....
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Egypt's jobless rate dipped Q4 2014 - CAPMAS
Date: 2015-02-16 10:26:33 GMT - Egypt - Economy - SN:31 - ID:1974693
The unemployment rate in Egypt fell slightly to 12.9 percent in the fourth quarter of 2014, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The relatively low unemployment rate is due to the improvement of the ....
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MENA to send biggest media delegation to cover Egypt's economic conf.
Date: 2015-02-15 15:20:23 GMT - Egypt - Economy - SN:34 - ID:1969305
The Middle East News Agency (MENA) is sending the biggest media delegation in its history to cover the economic conference slated to be held in the Red Sea resort city of Sharm el Sheikh on March 13-15. It would broadcast live to its subscribers ....
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Egyptian Exchange loses EGP 9.5 bln in week
Date: 2015-02-13 07:45:57 GMT - Egypt - Economy - SN:7 - ID:1954013
The Egyptian Exchange has registered weekly losses of EGP 9.5 billion. The bourse's capital declined by 2 percent to EGP 530.3 billion compared to 539.8 billion last week, the weekly trading report showed. The main EGX 30 index went down by ....
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Bourse indexes show mixed performance
Date: 2015-02-12 15:45:32 GMT - Egypt - Economy - SN:36 - ID:1951437
The Egyptian Exchange (EGX) witnessed varied performance at the close of trading on Thursday. The market capital gained EGP 2.1 billion to hit EGP 530 billion. The benchmark index EGX 30 retreated 0.24 percent down to 9,747.36 points. The ....
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EGX loses EGP 5.6bn
Date: 2015-02-11 14:07:32 GMT - Egypt - Economy - SN:37 - ID:1943601
The Egyptian Exchange (EGX) lost some 5.6 billion pounds at the end of Wednesday's trading on the back of sales by Arab and foreign investment funds. The EGX 30 benchmark index dropped by 1.31 percent to close at 9,770.78 points. The broader ....
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IMF says Egypt's reforms starting to spur turnaround in economy
Date: 2015-02-11 12:53:24 GMT - USA - Economy - SN:31 - ID:1942729
The International Monetary Fund said on Wednesday that Egypt's structural and monetary reforms were starting to produce a turnaround in the economy. The government has introduced reforms, seeking to restore growth while controlling inflation and ....
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CBE: Annual inflation rate down by 9.66% in Jan
Date: 2015-02-10 15:49:48 GMT - Egypt - Economy - SN:42 - ID:1936873
The Central Bank of Egypt (CBE) announced on Tuesday that the annual inflation rate declined by 9.66 percent by the end of January down from 10.13 percent by the end of December. The monthly overall inflation rate, however, rose by 0.99 percent ....