Economy

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  • Category : Economy
  • EGX indexes show mixed performance

    EGX indexes show mixed performance

    Date: 2014-11-11 13:56:02 GMT - Egypt - Economy - SN:31 - ID:1311781

    The Egyptian Exchange (EGX) indexes showed mixed performance on Tuesday due to share sales by foreign investors against purchases by local and Arab investors. The market capital gained about 2.7 billion pounds to reach 532.3 billion after ....

  • 48 vessels transit Suez Canal

    48 vessels transit Suez Canal

    Date: 2014-11-11 12:18:10 GMT - Egypt - Economy - SN:9 - ID:1310785

    Forty-eight vessels transited the Suez Canal on Tuesday, carrying a total cargo of 2.417 million tons. The south-bound convoy included 31 vessels with a combined cargo of 1.363 million tons while the north-bound convoy included 17 ships, carrying ....

  • FDI up in June 2014 - CBE

    FDI up in June 2014 - CBE

    Date: 2014-11-10 17:04:02 GMT - Egypt - Economy - SN:70 - ID:1306393

    Net foreign direct investments had risen by $40 million in the period between March and June, the Central Bank of Egypt (CBE) said Thursday. In a report, the CBE said net FDIs recorded $1.045 billion in June against $1.005 billion in March. ....

  • CBE governor wins leadership vision award from World Union of Arab Bankers

    CBE governor wins leadership vision award from World Union of Arab Bankers

    Date: 2014-11-10 16:33:46 GMT - Lebanon - Economy - SN:62 - ID:1306249

    The Union of Arab Banks and the World Union of Arab Bankers decided to grant the governor of Central Bank of Egypt (CBE) Hisham Ramez an award of leadership vision for the year 2014. The move came in appreciation of Ramez's efforts in ....

  • Annual inflation rate declines to 8.47% in October - CBE

    Annual inflation rate declines to 8.47% in October - CBE

    Date: 2014-11-10 16:21:12 GMT - Egypt - Economy - SN:55 - ID:1306117

    The annual inflation rate declined to 8.47 percent in October, compared by 9.15 percent in September, announced the Central Bank of Egypt (CBE). In a statement Monday, the CBE said that the main inflation rate hit 0.55 percent in October, 2014 ....

  • 48 vessels transit Suez Canal

    48 vessels transit Suez Canal

    Date: 2014-11-10 13:00:33 GMT - Egypt - Economy - SN:50 - ID:1304005

    Forty-eight vessels transited the Suez Canal on Monday, carrying a total cargo of 2.320 million tons. The south-bound convoy included 22 vessels with a combined cargo of 1.103 million tons while the north-bound convoy included 26 ships, carrying ....

  • Supply minister meets delegation from Visa company

    Supply minister meets delegation from Visa company

    Date: 2014-11-10 12:17:43 GMT - Egypt - Economy - SN:43 - ID:1303513

    Supply and Internal Trade Minister Khaled Hanafy met Monday with General Manager for Middle East and North Africa at Visa Ihab Ayoub along with his accompanying delegation. The meeting took up technological cooperation between the Supply and ....

  • CAMPAS: Annual inflation rate reached 11.5% in Oct.

    CAMPAS: Annual inflation rate reached 11.5% in Oct.

    Date: 2014-11-10 08:29:09 GMT - Egypt - Economy - SN:17 - ID:1301449

    The inflation rate increased in October by 1.6% in comparison to September while the annual inflation rate reached 11.5%, the Central Agency for Public Mobilization and Statistics (CAPMAS) said. The inflation increase is due to the start of the ....

  • UAE economy minister: Egypt has great potentials to lure world investments

    UAE economy minister: Egypt has great potentials to lure world investments

    Date: 2014-11-10 08:26:45 GMT - Kingdom of Saudi Arabia - Economy - SN:16 - ID:1301433

    UAE Economy Minister Sultan Al-Mansouri asserted that Egypt has great potentials to lure international and Arab investments, noting that Egypt could rank first in the tourism and manufacturing fields worldwide, according o the Saudi "Al-Iqtisadiya" ....

  • Petroleum minister says $ 2bn deals signed since 2013

    Petroleum minister says $ 2bn deals signed since 2013

    Date: 2014-11-10 07:59:59 GMT - Egypt - Economy - SN:9 - ID:1301209

    Sherif Ismail, the Minister of Petroleum and Mineral Resources, said on Sunday 36 agreements have been signed since 2013 at investments worth two billion dollars. He said 20 new agreements will be signed with investments of 1.2 billion ....

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