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Economy
- Service : English
- Category : Economy
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EGX gains EGP 22.8bn in August
Date: 2014-09-01 09:34:55 GMT - Egypt - Economy - SN:29 - ID:900766
The Egyptian Exchange (EGX) gained 22.8 billion pounds in August. The market capital hit 523.88 billion pounds in August compared with 501.05 billion in July. The EGX 30 benchmark index rose 7.03 percent to close at 9,447 points. The ....
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Suez Canal project to boost Egyptian economy -- CBE governor
Date: 2014-08-31 15:22:41 GMT - Egypt - Economy - SN:30 - ID:899938
Governor of the Central Bank of Egypt Hisham Ramez asserted that the new Suez Canal project will boost the Egyptian economy for the current and coming generations. In a press conference on Sunday to announce the measures of issuing the ....
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CBE governor: Dollarization in Egypt decreasing
Date: 2014-08-31 14:47:28 GMT - Egypt - Economy - SN:25 - ID:899885
Governor of the Central Bank of Egypt (CBE) Hisham Ramez said Sunday the dollarization levels were decreasing in Egypt, noting the official and non-official exchange rates would soon be the same. On the sidelines of the press conference during ....
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Egypt bourse indexes up
Date: 2014-08-31 14:44:06 GMT - Egypt - Economy - SN:24 - ID:899877
The Egyptian Exchange made gains at the close of today's trading session backed by purchases by Egyptian investors. The market capital went down by about 378 million pounds to hit 523.8 billion pounds, amid transactions reaching 981.6 million ....
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Studies underway to export food products to Russia: min.
Date: 2014-08-31 14:35:11 GMT - Egypt - Economy - SN:22 - ID:899857
Minister of Supply and Internal Trade Khaled Hanafi has said studies were underway to export food products to Russia. The move comes in response to an embargo imposed on imports from Western countries in response to economic sanctions due to the ....
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Egypt chooses its experts in Ethiopia Dam committee - Min.
Date: 2014-08-31 14:27:21 GMT - Egypt - Economy - SN:19 - ID:899846
Egypt has chosen its representatives in the tripartite national committee on Ethiopia's controversial Renaissance Dam, Irrigation Minister Hossam Moghazi said on Sunday. The committee is made up of four experts from each of Egypt, Sudan and ....
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Squatting state lands 'crime' - Min.
Date: 2014-08-31 14:20:32 GMT - Egypt - Economy - SN:17 - ID:899836
Agriculture Minister Adel el-Beltagi said on Sunday those squatting state lands are committing a crime. The government will firmly face such criminal acts, the minister said. He also announced the allocation of 300 feddans in Sinai for ....
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World's largest container vessel crosses Suez Canal
Date: 2014-08-30 14:19:31 GMT - Egypt - Economy - SN:51 - ID:898448
The world's largest container ship transited the Suez Canal with a cargo of 200,000 tons, chairman of the Suez Canal Authority Mohab Memish said. Danish four-hundred meters long, and 59 meters wide "Madison Maersk" loaded with nearly 18,270 ....
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Oil minister inspects refineries in Suez
Date: 2014-08-30 08:49:00 GMT - Egypt - Economy - SN:36 - ID:897790
Petroleum Minister Sherif Ismail made surprise visits to oil companies in Suez Saturday. He inspected refineries at Suez Oil Processing Company, Petroleum Pipelines Company and Nasr Petroleum Company. ....
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57% West Africans have no access to electricity – AfDB
Date: 2014-08-30 07:30:56 GMT - Nigeria - Economy - SN:17 - ID:897627
The African Development Bank (AfDB) has said more than 57 percent of the people in West Africa are without access to electricity, Nigerian local media reported. The bank stated in its "West Africa Monitor Quarterly" for the second quarter of 2014 ....
