Economy

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  • Category : Economy
  • EGX indices show mixed performance

    EGX indices show mixed performance

    Date: 2014-09-03 14:25:23 GMT - Egypt - Economy - SN:60 - ID:904793

    The Egyptian Exchange (EGX) showed mixed performance at the close of Wednesday's trading due to profit-taking. The market capital lost 671 million pounds.The main benchmark EGX 30 index upped by 0.04 percent, reaching 9,627.6 points. The ....

  • 58 ships transit Suez Canal

    58 ships transit Suez Canal

    Date: 2014-09-03 11:46:50 GMT - Egypt - Economy - SN:52 - ID:904459

    Fifty-eight ships transited the Suez Canal on Wednesday carrying 3.3 million tons. The south-bound convoy included 26 ships carrying 1.4 million tons, while the north-bound convoy was carrying 1.9 million tons. ....

  • EGX indexes hit record highs in 75 months

    EGX indexes hit record highs in 75 months

    Date: 2014-09-02 13:46:07 GMT - Egypt - Economy - SN:19 - ID:903009

    The Egyptian Exchange (EGX) gained 5.2 billion pounds at the end of trading Tuesday, driving indexes up to highest records in 75 months. The market capital hit 528.8 billion pounds. The EGX 30 benchmark index rose by 1.82 percent to close at ....

  • Finance Ministry auctions T-bills worth LE 2.5 billion

    Finance Ministry auctions T-bills worth LE 2.5 billion

    Date: 2014-09-01 16:52:14 GMT - Egypt - Economy - SN:68 - ID:901695

    The Finance Ministry auctioned on Monday treasury bills at a total value of LE 2.5 billion. In an online statement, the ministry said it auctioned the three-year T-bills worth 2 billion EGP, with average yield 14.009 %, adding it accepted bids ....

  • Egypt bourse indices up

    Egypt bourse indices up

    Date: 2014-09-01 16:49:39 GMT - Egypt - Economy - SN:65 - ID:901691

    The Egyptian Exchange made gains at the close of Monday's trading session backed by purchases by Egyptian institutions and investment funds. The market capital gained about 459 million pounds to hit 523.5 billion pounds, amid transactions ....

  • 33 vessels transit Suez Canal

    33 vessels transit Suez Canal

    Date: 2014-09-01 16:48:53 GMT - Egypt - Economy - SN:64 - ID:901689

    Thirty-three ships transited the Suez Canal on Monday, carrying a total cargo of 2.99 million tons. The south-bound convoy included 18 ships, carrying 1.224 million tons, while the north-bound convoy included 15 ships, carrying 875.000 tons. ....

  • Coordination to increase Egyptian exports to Russia - minister

    Coordination to increase Egyptian exports to Russia - minister

    Date: 2014-09-01 12:24:37 GMT - Egypt - Economy - SN:60 - ID:901167

    Trade and Industry Minister Mounir Fakhry Abdel-Nour said that coordination is underway between Egyptian and Russian companies to meet the needs of the Russian markets from food commodities and agriculture products. During a meeting held Monday ....

  • 33 vessels transit Suez Canal

    33 vessels transit Suez Canal

    Date: 2014-09-01 12:03:50 GMT - Egypt - Economy - SN:56 - ID:901109

    Thirty-three ships transited the Suez Canal on Monday, carrying a total cargo of 2.99 million tons. The south-bound convoy included 18 ships, carrying 1.224 million tons, while the north-bound convoy included 15 ships, carrying 875.000 tons. ....

  • Minister: Committee formed to consider treasury bearing taxes of less than 2 mn property

    Minister: Committee formed to consider treasury bearing taxes of less than 2 mn property

    Date: 2014-09-01 10:39:06 GMT - Egypt - Economy - SN:46 - ID:900918

    Finance Minister Hany Qadri said Monday the state treasury will bear the taxes due on residential property whose owners are not capable of paying them as their owners. They have first to submit applications to special committees formed for this ....

  • Egypt cotton exports down in 2013-2014

    Egypt cotton exports down in 2013-2014

    Date: 2014-09-01 09:37:33 GMT - Egypt - Economy - SN:31 - ID:900773

    Egypt's cotton exports dropped 69.7% in the March-May period of the 2013-2014 season, according to official figures. The volume declined from 351,000.7 to 106,000.5 metric kantars, said the Central Agency for Public Mobilization and ....

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