Economy

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  • Bourse indexes show varied performance

    Bourse indexes show varied performance

    Date: 2015-01-29 19:18:18 GMT - Egypt - Economy - SN:28 - ID:1853701

    The Egyptian Exchange (EGX) witnessed varied performance at the close of trading on Thursday. The market capital gained 3.5 billion pounds to hit 526.7 billion pounds. The benchmark index EGX 30 retreated 0.21 percent down to 9,843.1 ....

  • Bourse loses EGP 1.7bn

    Bourse loses EGP 1.7bn

    Date: 2015-01-28 16:37:57 GMT - Egypt - Economy - SN:28 - ID:1845569

    The Egyptian Exchange closed on Wednesday with losses amounting to EGP 1.7 billion and its indexes were all down. The capital market declined to EGP 523.2 billion after transactions hit EGP 981.7 billion. The benchmark index EGX 30 retreated ....

  • Contract to operate cars with natural gas

    Contract to operate cars with natural gas

    Date: 2015-01-27 17:44:30 GMT - Egypt - Economy - SN:70 - ID:1838237

    Minister of Petroleum and Mineral Wealth Sherif Ismail and Secretary General of Social Fund for Development Soha Suleiman witnessed the inking of a contract for funding the 4th stage of a project to transform cars from working on gasoline to ....

  • Sudanese min. expects his country to be 2nd in Africa in gold production

    Sudanese min. expects his country to be 2nd in Africa in gold production

    Date: 2015-01-27 17:35:09 GMT - Sudan - Economy - SN:67 - ID:1838169

    Sudanese Minister of Minerals Ahmed Sadiq al Karori expected his country to be second in gold production in Africa by 2019. In statements Tuesday, Karori asserted that his country is keen on supporting the national economy. ....

  • 100 Italian companies to participate in investment forum in Egypt

    100 Italian companies to participate in investment forum in Egypt

    Date: 2015-01-27 17:27:57 GMT - Italy - Economy - SN:65 - ID:1838133

    Representatives from about 100 Italy-based companies would visit Cairo in February to take part in a forum on investment, the Foreign Italian Ministry said in a press release on Tuesday. Also, Italian Deputy Minister for Economic Development ....

  • Economic conference to devote seminar on Bourse's role in attracting investment

    Economic conference to devote seminar on Bourse's role in attracting investment

    Date: 2015-01-27 14:50:39 GMT - Egypt - Economy - SN:48 - ID:1836741

    Chairman of the Egyptian Stock Exchange (EGX) Mohammad Omran on Tuesday said Egypt's economic conference, slated for March, would devote a seminar on the EGX and its role in attracting investment. Omran told MENA the seminar would review the ....

  • Egypt, Germany to cultivate Ismailia forest

    Egypt, Germany to cultivate Ismailia forest

    Date: 2015-01-27 14:46:32 GMT - Egypt - Economy - SN:47 - ID:1836709

    Egypt and Germany have agreed to cultivate a forest, the first to be irrigated by processed waste water. It will be just the start and it will enable Egypt to make use of more than six million cubic meters of waste water that is otherwise dumped ....

  • EGX gains EGP 3.8bn, index up 1.14 pct

    EGX gains EGP 3.8bn, index up 1.14 pct

    Date: 2015-01-27 14:33:39 GMT - Egypt - Economy - SN:42 - ID:1836509

    The Egyptian Exchange (EGX) gained 3.8 billion pounds at the end of Tuesday's trading on the back of purchases by Egyptian and Arab institutions and investment funds. The EGX 30 benchmark index leapfrogged by 1.14 percent to close at 9,946.58 ....

  • Ministrer probes with US amb. economic cooperation

    Ministrer probes with US amb. economic cooperation

    Date: 2015-01-27 13:20:06 GMT - Egypt - Economy - SN:38 - ID:1835697

    Minister of Investment Ashraf Salman discussed on Tuesday with US Ambassador R. Stephen Beecroft means to cement economic cooperation between the two countries. They discussed the outcome of meetings the minister held recently with US officials ....

  • Bourse indexes show varied performance

    Bourse indexes show varied performance

    Date: 2015-01-26 19:15:22 GMT - Egypt - Economy - SN:53 - ID:1830517

    The Egyptian Exchange (EGX) witnessed varied performance at the close of trading on Monday amid purchases by Egyptian individuals and foreign funds against sale operations by Egyptian and Arab institutions. The market capital lost about 300 ....

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