Economy

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  • EGX halts trading on 88 stocks for 30 minutes

    EGX halts trading on 88 stocks for 30 minutes

    Date: 2014-10-16 15:10:37 GMT - Egypt - Economy - SN:30 - ID:1139421

    The Egyptian Exchange (EGX) was forced to suspend trading on 88 stocks for half an hour over recording sharp decline during today's trading. In exclusive statements to MENA, a well-placed source at the EGX said that such a measure is taken when ....

  • Bourse loses EGP 38bn in one week

    Bourse loses EGP 38bn in one week

    Date: 2014-10-16 15:09:59 GMT - Egypt - Economy - SN:29 - ID:1139413

    The Egyptian Exchange (EGX) indices continued their downward trend on Thursday influenced by intensive sale operations by Arab institutions and funds along with the Egyptian investors. The market capital lost about 12.2 billion pounds today, ....

  • Bourse indices down

    Bourse indices down

    Date: 2014-10-16 10:00:09 GMT - Egypt - Economy - SN:17 - ID:1136609

    Egypt bourse indices went down at the beginning of Thursday trading over sale by local institutions and foreign investment funds. The capital market lost about 5.2 billion pounds to hit 493.7 billion pounds. The benchmark index EGX 30 ....

  • Beltagi calls for protecting agricultural lands

    Beltagi calls for protecting agricultural lands

    Date: 2014-10-15 17:40:46 GMT - Egypt - Economy - SN:56 - ID:1133345

    Minister of agriculture and land reclamation Adel el-Beltagui met Wednesday with a delegation of "Who loves Egypt" campaign to discuss means of protecting agricultural lands. A source at the Ministry of Agriculture said the meeting is part of ....

  • Egypt optimistic about Ethiopia dam talks in Cairo -- minister

    Egypt optimistic about Ethiopia dam talks in Cairo -- minister

    Date: 2014-10-15 17:00:30 GMT - Egypt - Economy - SN:50 - ID:1133041

    Irrigation Minister Hossam Moghazi expressed optimism Wednesday about the outcome of the new round of talks between Egypt, Sudan and Ethiopia on the Ethiopian renaissance dam. Moghazi voiced hope the talks might reach an agreement on selecting a ....

  • Abdel-Nor: establishment of logistic zones linking Egypt with Africa, Asia

    Abdel-Nor: establishment of logistic zones linking Egypt with Africa, Asia

    Date: 2014-10-15 16:57:28 GMT - Egypt - Economy - SN:49 - ID:1133009

    Minister of Industry, Trade and Small and Medium Industries Monir Fakhri Abdel-Nor announced Wednesday that his ministry seeks to carry out an economic strategy backing the small and medium projects and working to establish logistic zones linking ....

  • Investment minister meets Iraqi governor over bilateral cooperation

    Investment minister meets Iraqi governor over bilateral cooperation

    Date: 2014-10-15 15:14:50 GMT - Egypt - Economy - SN:43 - ID:1132277

    Investment Minister Ashraf Salman met on Wednesday with Diyawanyia Governor Ammar Habib in Cairo. They discussed bilateral cooperation in all fields, especially in the construction and infrastructure domain. Habib praised President Abdel ....

  • Tariffs on imported steel protect domestic industry -- official

    Tariffs on imported steel protect domestic industry -- official

    Date: 2014-10-15 07:26:21 GMT - Egypt - Economy - SN:2 - ID:1127937

    Head of the Federation of Egyptian Industries (FEI) Mohamed Al Suwaidi said on Tuesday that Egypt's decision to impose temporary protection tariffs on imported steel would protect domestic manufacturers. Industry Minister Monir Fakhry Abdel Nour ....

  • Planning min., UN officials discuss promoting cooperation

    Planning min., UN officials discuss promoting cooperation

    Date: 2014-10-14 15:59:29 GMT - Egypt - Economy - SN:60 - ID:1125393

    Minister of Planning Ashraf el-Araby held a meeting Tuesday with director of the UN Development Program in Cairo Ignacio Artaza and his accompanying delegation to seek means of raising the efficiency of governmental bodies in Egypt. The meeting ....

  • Zazou: Egyptian tourism is reviving

    Zazou: Egyptian tourism is reviving

    Date: 2014-10-14 14:35:02 GMT - Egypt - Economy - SN:49 - ID:1124597

    Minister of Tourism Hisham Zazou on Tuesday said that Egyptian tourism is reviving. At a meeting with a British MPs delegation, now visiting here, he added that the winter season will see more tourists coming to Egypt given political and security ....

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