Economy

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  • EGX gains EGP 900m

    EGX gains EGP 900m

    Date: 2015-02-10 15:21:48 GMT - Egypt - Economy - SN:36 - ID:1936613

    The Egyptian Exchange (EGX) gained 900 million pounds at the end of Tuesday's trading on the back of purchases by Egyptian investors optimistic about economic projects to be agreed during Russian President Vladimir Putin's visit to Egypt. The EGX ....

  • 43 ships transit Suez Canal

    43 ships transit Suez Canal

    Date: 2015-02-10 14:20:07 GMT - Egypt - Economy - SN:26 - ID:1936085

    Forty-three ships transited the Suez Canal on Tuesday, carrying a total cargo of 2.9 million tons. The south-bound convoy included 19 ships carrying 1.1 million tons, while the north-bound convoy included 24 vessels carrying 1.8 million tons. ....

  • 48 ships transit Suez Canal

    48 ships transit Suez Canal

    Date: 2015-02-09 10:30:11 GMT - Egypt - Economy - SN:26 - ID:1926161

    Forty-eight ships crossed the Suez Canal on Monday, carrying a total cargo of 2.718 million tons. The south-bound convoy included 29 ships carrying 1.647 million tons, while the north-bound convoy included 19 vessels carrying 1.071 million tons. ....

  • Varied performance at EGX at start of week

    Varied performance at EGX at start of week

    Date: 2015-02-08 14:15:36 GMT - Egypt - Economy - SN:51 - ID:1920757

    The Egyptian Exchange (EGX) witnessed varied performance at the close of Sunday's trading amid purchases by Egyptian investors against sale operations by foreign and Arab investors. The market capital lost about 3.1 billion pounds to hit 536.7 ....

  • 91-, 273-day T-bills auctioned

    91-, 273-day T-bills auctioned

    Date: 2015-02-08 13:30:20 GMT - Egypt - Economy - SN:42 - ID:1920269

    The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 6.5 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 91-day T-bills with an average yield of 11.147%, adding it accepted bids at rates ....

  • EGX named as model of promotion of sustainability, communication with stakeholders

    EGX named as model of promotion of sustainability, communication with stakeholders

    Date: 2015-02-08 13:25:08 GMT - Egypt - Economy - SN:40 - ID:1920205

    The UN Sustainable Stock Exchanges Initiative (UN SSE) has chosen the Egyptian Exchange (EGX) as a reference model of promotion of sustainability and dialogue with market stakeholders. The panel appreciated EGX's efforts in the sustainability ....

  • 41 ships transit Suez Canal

    41 ships transit Suez Canal

    Date: 2015-02-08 10:26:16 GMT - Egypt - Economy - SN:19 - ID:1918409

    Forty-one ships crossed the Suez Canal on Sunday, carrying a total cargo of 2.847 million tons. The south-bound convoy included 20 ships carrying 1.547 million tons, while the north-bound convoy included 21 vessels carrying 1.300 million tons. ....

  • Value of US dollar remains unchanged against Egyptian pound

    Value of US dollar remains unchanged against Egyptian pound

    Date: 2015-02-04 16:10:08 GMT - Egypt - Economy - SN:53 - ID:1896093

    The exchange rate of the US dollar remained unchanged Wednesday against the Egyptian pound traded on the official market. The value of the Egyptian pound has been depreciating against the dollar over the past two weeks. The buying price of the ....

  • EGX gains EGP 2.4bn

    EGX gains EGP 2.4bn

    Date: 2015-02-04 16:06:22 GMT - Egypt - Economy - SN:52 - ID:1896057

    The Egyptian Exchange (EGX) gained 2.4 billion pounds at the end of Wednesday's trading on the back of purchases by Egyptian investment funds and Arab individuals. The EGX 30 benchmark index leapfrogged by 0.92 percent to close at 10,046.93 ....

  • Cabinet okays World Bank loan

    Cabinet okays World Bank loan

    Date: 2015-02-04 12:48:58 GMT - Egypt - Economy - SN:45 - ID:1894137

    The Cabinet decided on Wednesday to start procedures to obtain a USD 400-million loan from the World Bank. The loan is to finance the cash support program and systems of social safety nets that target 500,000 impoverished families in six ....

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