Economy

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  • Category : Economy
  • Saudi-Egyptian Business Council discusses strategy of coming stage

    Saudi-Egyptian Business Council discusses strategy of coming stage

    Date: 2014-11-22 07:47:18 GMT - Egypt - Economy - SN:15 - ID:1382565

    Saudi-Egyptian Business Council held Friday discussed the strategy of the coming stage. The council aims at supporting the Egyptian-Saudi investments via boosting means and mechanisms of mutual cooperation, Chairman of the council Essam Nas said ....

  • Egypt bourse loses EGP 14bn over week, indexes show mixed performance

    Egypt bourse loses EGP 14bn over week, indexes show mixed performance

    Date: 2014-11-21 08:54:16 GMT - Egypt - Economy - SN:2 - ID:1378137

    The Egyptian Exchange (EGX) closed last week down with a loss of 14.4 billion pounds. The market capital reached 525 billion with a 2.7-percent decline, but indexes showed mixed performance. The main benchmark EGX 30 index was down 0.02 ....

  • Bourse indexes up despite protest calls

    Bourse indexes up despite protest calls

    Date: 2014-11-20 16:22:54 GMT - Egypt - Economy - SN:22 - ID:1375277

    The Egyptian Exchange continued for the third running session to make profits, backed by purchases by local investment funds and institutions, shunning Islamist calls for anti-regime protests planned on November 28. The market capital hit EGP ....

  • EGP 1.6bn allocated to implement sewerage projects in 139 villages -- Min.

    EGP 1.6bn allocated to implement sewerage projects in 139 villages -- Min.

    Date: 2014-11-20 14:17:17 GMT - Egypt - Economy - SN:15 - ID:1374229

    Local Development Minister Adel Labib said the ministry has allocated 1.6 billion pounds to implement sewerage projects in 139 villages. In a press release on Thursday, Labib said these projects comes within a plan that aims to develop these ....

  • CBE governor awarded for best banking accomplishment in Arab world

    CBE governor awarded for best banking accomplishment in Arab world

    Date: 2014-11-20 12:39:33 GMT - Lebanon - Economy - SN:13 - ID:1373253

    The Union of Arab Banks honored on Thursday Governor of the Central Bank of Egypt Hisham Ramez for the best banking and financial accomplishment in the Arab world. He was granted the 2014 Leadership Visionary Award at the opening session of the ....

  • 52 ships transit Suez Canal

    52 ships transit Suez Canal

    Date: 2014-11-19 16:37:45 GMT - Egypt - Economy - SN:58 - ID:1367657

    Fifty-two ships crossed the Suez Canal on Wednesday, carrying a total cargo of 3.3 million tons. The south-bound convoy included 20 ships carrying 1.1 million tons, while the north-bound convoy included 32 ships carrying 2.2 million tons. ....

  • Egypt's capabilities contributed to overcoming financial crisis - Min.

    Egypt's capabilities contributed to overcoming financial crisis - Min.

    Date: 2014-11-19 13:30:33 GMT - Egypt - Economy - SN:57 - ID:1365929

    Finance Minister Hany Qadry said on Wednesday that Egypt's economic capabilities contributed to overcoming the global financial crisis. The government needs to change its way of managing the national economy, the minister said. He added that a ....

  • Sudan's non-oil exports cross $2.3 bln in nine months

    Sudan's non-oil exports cross $2.3 bln in nine months

    Date: 2014-11-19 07:44:13 GMT - Sudan - Economy - SN:7 - ID:1362477

    The volume of the Sudanese non-oil exports during the nine month of 2014 crossed about 2.3 billion dollars, said State Minister of Trade Jihad Hamza Hamid on Tuesday. The volume of mineral exports jumped to $1.247 billion while the livestock ....

  • IMF report will be positive: Planning min.

    IMF report will be positive: Planning min.

    Date: 2014-11-18 15:53:44 GMT - Egypt - Economy - SN:27 - ID:1359361

    Egypt's Planning Minister Ashraf el-Araby has expected that the International Monterey Fund (IMF) economic assessment report would be positive due to the recent economic growth. "The government has adopted structural and economic reforms that ....

  • EGX index up 0.61%

    EGX index up 0.61%

    Date: 2014-11-18 15:52:23 GMT - Egypt - Economy - SN:39 - ID:1360109

    Egyptian Exchange (EGX) indexes were all up at the close of Tuesday’s trading session backed by purchases by foreign investors. The EGX 30 benchmark index rose 0.61 percent to close at 9,177.81 points. The broader EGX 70 index of the leading ....

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