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Economy
- Service : English
- Category : Economy
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Suez Canal fixes vessels transit fees
Date: 2015-02-04 12:45:49 GMT - Egypt - Economy - SN:44 - ID:1894121
Transit fees for vessels passing through the Suez Canal will remain unchanged during 2015, said Head of the Suez Canal Authority Mohab Mamish on Wednesday. He added that the discount granted to liquefied natural gas carriers would be 25 percent ....
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Egyptian customs to meet int'l standards, says finance minister
Date: 2015-02-03 17:17:42 GMT - Egypt - Economy - SN:65 - ID:1888221
Minister of Finance Hany Kadry Dimian has said Egyptian customs will meet international standards adopted by World Customs Organization (WCO) to facilitate trade exchange and combat smuggling. During a meeting with WCO Secretary General Kunio ....
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Egypt buys 300,000 tons of French, Romanian wheat
Date: 2015-02-03 16:44:07 GMT - Egypt - Economy - SN:61 - ID:1888037
The General Authority for Supply Commodities signed Tuesday a contract to buy 300 thousand tons of French and Romanian wheat at $ 236.25 per ton. The governmental body signed the contract on behalf of the Ministry of Supply and Home Trade. The ....
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EFSA grants first micro-finance license to company
Date: 2015-02-03 16:04:20 GMT - Egypt - Economy - SN:56 - ID:1887721
The Egyptian Financial Supervisory Authority (EFSA) has agreed to grant a micro-finance license to a company under a new law that allows firms to practice such activity. The Microfinance Enterprise Services Company, or Reefy, will be the first ....
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EGX indexes up at end of trading
Date: 2015-02-03 14:26:06 GMT - Egypt - Economy - SN:40 - ID:1886697
The Egyptian Exchange (EGX) indexes went up at the end of Tuesday's trading on the back of purchases by Arab and foreign individuals. The EGX 30 benchmark index leapfrogged by 1.26 percent to close at 9,954.34 points. The broader EGX 70 index ....
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EGP 415 bln needed to achieve 3.8 pct development rate
Date: 2015-02-02 13:29:58 GMT - Kuwait - Economy - SN:43 - ID:1878997
Minister of Investment Ashraf Salman has said Egypt needs 415 billion pounds in local and foreign investments to achieve a development rate of 3.8 pct in the current financial year. The government has only 58 billion pounds of the needed sum for ....
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Investment law to be endorsed before economic summit -- Minister
Date: 2015-02-02 10:34:52 GMT - Kuwait - Economy - SN:27 - ID:1877149
A law on investment will be endorsed before Egypt's economic summit in March, said Investment Minister Ashraf Salman Monday. Salman, who is accompanying Prime Minister Ibrahim Mahlab on a visit to Kuwait, is set to meet with the chairman of the ....
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IMF to take part in Egypt economic conf. -- official
Date: 2015-02-02 07:40:50 GMT - USA - Economy - SN:6 - ID:1875369
Counselor at the International Monetary Fund (IMF)'s Middle Eastern and Central Asian Department Christopher Jarvis said Monday that the fund will take part in the Egyptian economic conference in March. The IMF welcomes efforts exerted by the ....
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Egypt bourse indices down
Date: 2015-02-01 18:21:35 GMT - Egypt - Economy - SN:48 - ID:1873873
The Egyptian Exchange's indexes were all down at the close of Sunday's trading. The capital market declined to EGP 531.7 billion. The benchmark index EGX 30 retreated 0.64 percent down to 9,773.76 points. The broader EGX 70 index of the ....
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Egypt's exports to UK up 14% in 2014
Date: 2015-01-31 10:13:04 GMT - United Kingdom - Economy - SN:21 - ID:1862693
Egyptian exports to the UK rose by 14% in the period between January and November 2014 against the previous year. Egypt's exports to the UK in that period hit £825 million against £726 million in the same period of 2013, official statistics, of ....
