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Economy
- Service : English
- Category : Economy
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CBE: Foreign reserves up in August
Date: 2014-09-07 15:47:50 GMT - Egypt - Economy - SN:28 - ID:910742
The Central Bank of Egypt (CBE) on Sunday said that the country's foreign reserves have increased to hit 16.835 billion dollars in August. In a press release on its website, the CBE added that the figure was 16.736 billion dollars in July. ....
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Supply minister : logistics area to be established in Ismailia
Date: 2014-09-07 15:19:57 GMT - Egypt - Economy - SN:26 - ID:910687
Minister of Supply and Internal Trade Khaled Hanafi and Ismailia Governor Ahmed Bahaa Eddin el-Qassas signed on Sunday a cooperation protocol to establish a new logistics area on 50 feddans in Ismailia. The logistics area would comprise special ....
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CBL denies reports on exempting Egypt from repaying dlrs 2 bn deposit
Date: 2014-09-06 15:09:07 GMT - Libya - Economy - SN:17 - ID:909238
The Central Bank of Libya (CBL) denied news reports that the Libyan House of Representatives has decided to exempt Egypt from repaying dlrs 2bn deposited at the Central Bank of Egypt (CBE) two years ago. A statement released Saturday by the ....
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60 agricultural products to be exported to Russia
Date: 2014-09-05 10:14:59 GMT - Egypt - Economy - SN:12 - ID:907505
Russia voiced readiness to import 60 agricultural products from Egypt to meet the needs of the Russian markets. A committee including agricultural quarantine bodies from both countries will be formed to examine the products to be exported to ....
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Egypt not to give up Nile water rights - Min.
Date: 2014-09-05 09:47:55 GMT - Egypt - Economy - SN:10 - ID:907474
Egypt will not give up its rights in the Nile water, said Water Resources and Irrigation Minister Hossam Moghazi. In a statement, Moghazi pointed out during a meeting with young engineers to the importance of using the latest irrigation methods ....
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Bourse indexes close up last week
Date: 2014-09-05 07:40:11 GMT - Egypt - Economy - SN:4 - ID:907261
The Egyptian Exchange indexes closed last week up and the market capital gained EGP 5 billion to hit EGP 529 billion or 1% higher than the week before. During the course of the week, the benchmark index EGX 30 jumped 2.28 percent to 9,650 points, ....
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Bourse index up
Date: 2014-09-04 09:42:25 GMT - Egypt - Economy - SN:19 - ID:905945
The Egyptian Exchange (EGX) made profits at the beginning of Thursday's tradings prompted by intensive purchases by Egyptian investors. The EGX 30 benchmark index rose 0.07 percent to close at 9,634.26 points. The broader EGX 70 index of the ....
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PM, finance minister discuss economy
Date: 2014-09-03 15:49:07 GMT - Egypt - Economy - SN:66 - ID:905003
Prime Minister Ibrahim Mahlab held a meeting Wednesday with Finance Minister Hany Qadry to discuss issues related to economy. They discussed ways to upgrade the free zone in Port Said city. ....
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Suez Canal revenues hit EGP 3.6bln in August
Date: 2014-09-03 15:03:06 GMT - Egypt - Economy - SN:65 - ID:904900
Revenues of the Suez Canal amounted to 3.6 billion pounds in August. Revenues from the waterway have been the highest since the inauguration of the canal in 1869, said Mohab Mamish, the chairman of the Suez Canal Authority, Wednesday. ....
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Awqaf ministry to purchase Suez Canal project investment certificates
Date: 2014-09-03 14:54:50 GMT - Egypt - Economy - SN:62 - ID:904874
An Awqaf Ministry fund decided Wednesday to pay 400 million pounds to purchase investment certificates of the Suez Canal development project. This comes as part of Awqaf Minister Mohamed Mokhtar Gomaa's directives to contribute to this ....
