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Economy
- Service : English
- Category : Economy
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Egyptian GDRs in London show mixed performance
Date: 2014-12-29 18:42:59 GMT - United Kingdom - Economy - SN:59 - ID:1638445
The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance at the close of Monday's session. The GDRs of the Commercial International Bank rose 3.1 percent to 6.66 dollars. Meantime, the GDRs of ....
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EBRD upgrades sanitation standards in Egypt
Date: 2014-12-29 17:00:11 GMT - United Kingdom - Economy - SN:54 - ID:1637769
The European Bank for Reconstruction and Development (EBRD) is improving the living standards of almost 500,000 inhabitants of the Egyptian towns of Motobas, Desouk and Burullus with a €55 million loan for the expansion of wastewater treatment in ....
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Bourse indexes rise slightly
Date: 2014-12-28 13:40:26 GMT - Egypt - Economy - SN:51 - ID:1629349
The Egyptian Exchange (EGX) indexes were slightly up at the close of trading on Monday backed by share purchases by foreign investment funds and institutions against sale operations by Egyptian individuals and investment funds. The market ....
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54 ships cross Suez Canal
Date: 2014-12-28 12:21:30 GMT - Egypt - Economy - SN:46 - ID:1628637
Fifty-four ships transited the Suez Canal on Sunday, carrying a total cargo of over 2.486 million tons. The north-bound convoy included 31 vessels, carrying 1.163 million tons, while the south-bound convoy included 23 ships, carrying 1.323 ....
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Total debts of electricity ministry for petroleum sector reached EGP 44 bln
Date: 2014-12-28 11:12:59 GMT - Egypt - Economy - SN:29 - ID:1627929
Total debts of electricity ministry for the petroleum sector has reached about EGP 44 billion by the end of 2014 for the value of natural gas, mazut and diesel, an official source at Egyptian General Petroleum Authority (EGPC) said on Sunday. He ....
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Irrigation min. to inaugurate development projects in S. Sudan in January
Date: 2014-12-26 09:32:37 GMT - Egypt - Economy - SN:8 - ID:1616489
Minister of Water Resources and Irrigation Hossam Moghazi will inaugurate a number of development projects in South Sudan late in January. The projects come as part of the grants and aid offered by Egypt to support the main infrastructure, ....
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EGX achieves EGP 18 bln gains at end of week trading
Date: 2014-12-26 09:02:55 GMT - Egypt - Economy - SN:5 - ID:1616217
The Egyptian Exchange (EGX) resumed its rise after three-week of retreat, making weekly gains worth EGP 18 billions, the bourse weekly report revealed. Stocks of the listed companies surged by 3.8 percent, posting EGP 494 billions compared to EGP ....
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Egypt not affected by Russian grain exports ban
Date: 2014-12-24 17:13:54 GMT - Egypt - Economy - SN:44 - ID:1607573
Egypt will not be affected by the Russian grain exports ban, said Deputy head of the General Authority For Supply Commodities (GASC) Mamdouh Abdel Fattah. Russia has stopped exporting grains, suspending shipments to customers including Egypt, ....
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Banks to be closed on January 1 - CBE
Date: 2014-12-24 16:34:57 GMT - Egypt - Economy - SN:40 - ID:1607369
The Central Bank of Egypt announced Wednesday that all banks working in Egypt will be off on January 1, 2015 due to the end the 2013/14 fiscal year on December 31, 2014. Work will be resumed on Sunday, January 4, 2015, said the CBE in a statement ....
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45 ships transit Suez Canal
Date: 2014-12-23 17:40:21 GMT - Egypt - Economy - SN:59 - ID:1600529
Forty-five ships transited the Suez Canal on Tuesday, carrying a total cargo of 2.485 million tons. The south-bound convoy included 22 ships carrying 1.292 million tons, while the north-bound convoy included 23 vessels carrying 1.193 million tons. ....
