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Economy
- Service : English
- Category : Economy
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EGX gains EGP 5.4bln, all indexes up
Date: 2014-11-26 17:20:06 GMT - Egypt - Economy - SN:49 - ID:1418197
The Egyptian Exchange indexes were all up at the close of Wednesday’s trading session backed by purchases by foreign and local investment funds and institutions after the government beefed up measures to secure facilities and squares on November 28. ....
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Egyptian economy recovering, says IMF
Date: 2014-11-26 08:47:24 GMT - USA - Economy - SN:22 - ID:1412809
The International Monetary Fund (IMF) stressed that the Egyptian economy has begun to recover four years after a total economic slowdown. In a report issued at the end of the IMF delegation visit to Egypt, IMF's Midd East and Central Asia ....
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Sisi welcomes AXA's intention to initiate business in Egyptian market
Date: 2014-11-26 08:37:07 GMT - France - Economy - SN:18 - ID:1412685
President Abdel Fattah El Sisi welcomed on Tuesday French AXA group's intention to start work in Egypt. The president made the remarks during a meeting with AXA's CEO Henri de Castries, presidential spokesman Alla Yusuf said. The boss of AXA ....
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Egypt, Cyprus, Greece agree on fields of coop.
Date: 2014-11-26 08:20:18 GMT - Egypt - Economy - SN:9 - ID:1412513
Egyptian Minister of Petroleum and Mineral Resources Sherif Ismail and his Cypriot and Greek counterparts discussed on Tuesday means of boosting cooperation in energy field. In a joint statement, the ministers said they held a fruitful ....
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Petroleum min. meets Cypriot commerce min.
Date: 2014-11-25 15:14:33 GMT - Egypt - Economy - SN:29 - ID:1409365
Minister of Petroleum Sherif Ismail met on Tuesday with Cypriot Minister of Commerce, Industry and Tourism Georgios Lakkotrypis in Nicosia. The meeting took up ways of boosting bilateral cooperation in the energy sector, a statement by Egypt's ....
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4 UK, German destroyers transit Suez Canal
Date: 2014-11-25 12:50:45 GMT - Egypt - Economy - SN:18 - ID:1407565
Four British and German destroyers transited the Suez Canal on Tuesday, an official source said. The battleships headed north from the Red Sea to the Mediterranean after a 12-hour journey through the canal, the source added. The vessels were ....
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Economic growth expected to increase to 4% in FY 2014/15-- Minister
Date: 2014-11-25 12:31:01 GMT - Egypt - Economy - SN:19 - ID:1407597
International Cooperation Minister Naglaa el-Ahawani has said the economic growth rate is expected to increase to 3.5-4 percent in the 2014/2015 fiscal year. The government is working on bringing down poverty levels, while providing more job ....
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EFSA: Bourse records 70% gains in 12 months
Date: 2014-11-25 06:12:33 GMT - Egypt - Economy - SN:2 - ID:1404117
The Egyptian Financial Supervisory Authority chairman has said the Egyptian Exchange recorded gains close to 70 percent over 12 months ending in October. Speaking to Al-Arabiya news channel on Monday, Sherif Sami said the newly adopted economic ....
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31 ships transit Suez Canal
Date: 2014-11-24 13:43:28 GMT - Egypt - Economy - SN:60 - ID:1400165
Thirty-one ships transited the Suez Canal on Monday carrying around 1.264 million tons. The south-bound convoy included 10 ships carrying 361,000 tons, while the north-bound convoy included 21 ships carrying 903,000 tons. ....
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Gov't, private sector agree on future of investments in Egypt - minister
Date: 2014-11-24 11:29:57 GMT - Egypt - Economy - SN:46 - ID:1398329
International Cooperation Minister Naglaa el-Ahwani said the ongoing businessmen and investors conference reflects consensus between the government and the private sector regarding the future of investments in Egypt. In statements during the ....
