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Economy
- Service : English
- Category : Economy
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Ezz Steel signs long-term finance contract with banks
Date: 2015-01-19 10:34:46 GMT - Egypt - Economy - SN:29 - ID:1774217
Ezz Steel has signed a long-term financing contract of EGP1.7 billion with two banks. The company announced this a statement to the stock exchange. The loan will be repaid in installments over seven years, according to the statement. The ....
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39 ships transit Suez Canal
Date: 2015-01-19 09:55:15 GMT - Egypt - Economy - SN:24 - ID:1773929
As many as 39 ships transited the Suez Canal on Monday, carrying a total cargo of 2.043 million tons. The south-bound convoy included 17 vessels carrying 706,000 tons, while the north-bound convoy included 22 ships carrying 1.337 million tons. ....
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Telecom Egypt gets EGP 48 mln compensation
Date: 2015-01-19 08:30:45 GMT - Egypt - Economy - SN:12 - ID:1773041
Telecom Egypt will receive a compensation of EGP 48 million from the Arab Company for Communications Services over some violations in signed contract between them. The arbitration ruling was issued by the Cairo Regional Center for International ....
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Egypt Post has 3.2 billion pounds in investment protfolios in bourse
Date: 2015-01-19 08:29:01 GMT - Egypt - Economy - SN:7 - ID:1772629
Egypt Post invests 3.2 billion pounds in the bourse's investment portfolios, Chairman of the authority Khaled Negm told MENA. The total deposits of Egypt Post reached 147 billion pounds in 2014, including 95 billion pounds in the National ....
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Bourse loses EGP 1.6 bn
Date: 2015-01-18 17:22:31 GMT - Egypt - Economy - SN:49 - ID:1770085
The Egyptian Exchange closed on Sunday with losses amounting to EGP 1.6 billion and its indexes were all down. The capital market declined to EGP 511.4 billion after transactions hit EGP one billion. The benchmark index EGX 30 retreated 0.26 ....
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42 ships transit Suez Canal
Date: 2015-01-18 12:16:25 GMT - Egypt - Economy - SN:35 - ID:1767425
As many as 42 ships transited the Suez Canal on Sunday, carrying a total cargo of 2.716 million tons. The south-bound convoy included 28 vessels carrying 2.896 million tons, while the north-bound convoy included 14 ships carrying 820,000 tons. ....
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Wheat stocks enough until mid May - minister
Date: 2015-01-17 10:59:32 GMT - Egypt - Economy - SN:23 - ID:1760233
Wheat reserves for the production of subsidized bread will be sufficient until mid May, Supply Minister Khaled Hanafy said. The General Authority for Supply Commodities (GASC) had contracted on buying 240,000 tons of French wheat under an ....
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Representatives of 40 Italian companies to visit Egypt Feb.
Date: 2015-01-17 10:53:19 GMT - Egypt - Economy - SN:21 - ID:1760125
Representatives of 40 Italian companies will visit Egypt in February to get firsthand information about investment opportunities in the country, said chairman of the General Authority for Investments Hassan Fahmy on Saturday. Fahmy, in statements ....
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Egyptian companies seek to set up joint projects with Japanese counterparts - official
Date: 2015-01-17 09:34:39 GMT - Egypt - Economy - SN:14 - ID:1759509
Several Egyptian companies seek to set up joint projects with their Japanese counterparts, said Head of the Egyptian-European Business Council Mohamed Abu el Enein. Egypt welcomes any joint investments with Japan, he added, noting that Japan can ....
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Egypt buys 240,000 tons of French wheat
Date: 2015-01-15 17:51:58 GMT - Egypt - Economy - SN:37 - ID:1751697
The General Authority for Supply Commodities signed Thursday a contract to buy 240 thousand tons of French wheat. The governmental body signed the contract on behalf of the Ministry of Supply and Internal Trade. The deal was reached through an ....
