Economy

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  • Category : Economy
  • 40% of investors' problems solved - minister

    40% of investors' problems solved - minister

    Date: 2014-12-02 13:27:19 GMT - Egypt - Economy - SN:10 - ID:1456117

    Minister of Investment Ashraf Salman said 40% of problems of investors have been solved as the state focuses on solving the majority of these problems before launching the international economic conference in Sharm el-Sheikh in March 2015. As for ....

  • 53 ships transit Suez Canal

    53 ships transit Suez Canal

    Date: 2014-12-02 12:49:42 GMT - Egypt - Economy - SN:21 - ID:1456485

    Fifty-three ships crossed the Suez Canal on Tuesday, carrying a total cargo of 2.653 million tons. The south-bound convoy included 28 ships carrying 1.356 million tons, while the north-bound convoy included 25 ships carrying 1.296 million tons. ....

  • Egypt, Belarus to build joint tractor-producing plant

    Egypt, Belarus to build joint tractor-producing plant

    Date: 2014-12-02 12:22:22 GMT - Egypt - Economy - SN:13 - ID:1456201

    Minister of Industry and Trade Munir Fakhry Abdel Nour on Tuesday said that arrangements are underway for setting up a joint factory for producing tractors between Egypt and Belarus. At a meeting with a delegation of Minsk company for ....

  • Arab investors' sales drive down Egypt bourse, main index loses 0.8 pct

    Arab investors' sales drive down Egypt bourse, main index loses 0.8 pct

    Date: 2014-12-01 15:20:20 GMT - Egypt - Economy - SN:58 - ID:1450845

    Intensive sales by Arab investors drove down the Egyptian Exchange (EGX) indices at the close of Monday's trading over the sharp decline of Gulf stock markets. The market capital lost about 2.3 billion pounds to hit 519.6 billion pounds, amid ....

  • 47 vessels transit Suez Canal

    47 vessels transit Suez Canal

    Date: 2014-12-01 15:01:43 GMT - Egypt - Economy - SN:52 - ID:1450725

    Forty-seven ships crossed the Suez Canal on Monday, carrying a total cargo of 2.299 million tons. The south-bound convoy included 25 ships carrying 964,000 tons, while the north-bound convoy included 22 ships carrying 1.335 million tons. ....

  • Egypt bourse picked member of African bloc for 3rd year

    Egypt bourse picked member of African bloc for 3rd year

    Date: 2014-12-01 12:53:09 GMT - Egypt - Economy - SN:47 - ID:1449201

    Egypt's stock exchange has been picked for the third year in a row as an executive member of the African Securities Exchanges Association (ASEA). The union made the choice at a meeting that was held in Kenya with delegations of 23 countries ....

  • Mobinil company, Misr el-Kheir ink cooperation agreement o provide 100,000 job opportunities

    Mobinil company, Misr el-Kheir ink cooperation agreement o provide 100,000 job opportunities

    Date: 2014-12-01 11:35:12 GMT - Egypt - Economy - SN:42 - ID:1448181

    Mobinil company inked a cooperation agreement with Misr el-Kheir Foundation to fund small projects to provide more than 100,000 job opportunities. Mobinil Deputy Chairman for the commercial sector Ashraf Halim said that according to the agreement ....

  • Egypt has potentials to carry out energy projects - minister

    Egypt has potentials to carry out energy projects - minister

    Date: 2014-12-01 10:49:43 GMT - Egypt - Economy - SN:40 - ID:1447809

    Egypt owns all the potentials to carry out developed projects in energy sphere, especially new and renewable energy, affirmed Trade and Industry Minister Mounir Fakhry Abdel-Nour. Several foreign and Arab companies submitted requests to carry ....

  • Egypt stocks gain EGP17.8 bln in November

    Egypt stocks gain EGP17.8 bln in November

    Date: 2014-12-01 09:49:12 GMT - Egypt - Economy - SN:26 - ID:1447125

    Egypt's stocks gained EGP 17.8 billion in November, hitting a capital of around EGP 522 billion this month compared to EGP 504.2 billion in October. The main benchmark EGX 30 index soared 2.11 percent to 9,308 points. The broader EGX 70 index ....

  • Egypt bourse loses EGP 2bln, index down by 0.19 pct

    Egypt bourse loses EGP 2bln, index down by 0.19 pct

    Date: 2014-11-30 16:14:17 GMT - Egypt - Economy - SN:37 - ID:1443925

    The Egyptian Exchange (EGX) indexes went down at the close of Sunday's tradings over sales by Arab investors due to a sharp decline of Gulf bourses. The market capital lost about 2 billion pounds to hit 522 billion pounds, amid transactions ....

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