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Economy
- Service : English
- Category : Economy
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Bourse indexes up last week
Date: 2014-08-29 12:58:56 GMT - Egypt - Economy - SN:7 - ID:896901
The Egyptian Exchange indexes closed last week up and the market capital gained EGP 4.5 billion to hit EGP 524 billion or 1% higher than the week before. During the course of the week, the benchmark index EGX 30 jumped 0.66 percent to 9,435 ....
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Boosting gas production next phase in gov't plan: min.
Date: 2014-08-28 14:16:47 GMT - Egypt - Economy - SN:20 - ID:895777
Minister of Petroleum Sherif Ismail Thursday inspected a number of projects for natural gas production in the Western Desert and reviewed efforts exerted to increase productivity rates of gas. In statements, Ismail said the coming phase would ....
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Bourse gains EGP 1.2 bn
Date: 2014-08-28 14:14:40 GMT - Egypt - Economy - SN:19 - ID:895776
The Egyptian Exchange made gains at the close of the week's last trading session backed by purchases by local and foreign mutual funds and institutions of banking and financial services shares. The market capital achieved Thursday gains worth EGP ....
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Increasing lanes, making special roads for heavy-duty vehicles to limit accidents - minister
Date: 2014-08-28 09:42:20 GMT - Egypt - Economy - SN:8 - ID:895213
Egypt's transport minister Hani el-Dahi underlined the importance of increasing traffic lanes from 2 to 4 and making special roads to be accessible only by heavy-duty vehicles to avoid repeated road accidents. "We need two billion pounds annually ....
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Occhet-Qustul crossing to ease movement between Egypt, Sudan - Min.
Date: 2014-08-27 16:26:47 GMT - Egypt - Economy - SN:67 - ID:894401
Egyptian Transportation Minister Hany Dahy said on Wednesday that the newly-opened Occhet-Qustul border crossing will boost development and ease movement between Egypt and Sudan. In statements to MENA, the minister said the crossing will ....
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Qustul crossing is very important for Egypt, Africa: Min.
Date: 2014-08-27 16:13:52 GMT - Egypt - Economy - SN:62 - ID:894383
Minister of Trade and Industry Munir Fakhry Abdel Nour said Wednesday that qustul border crossing between Egypt and Sudan is very important to the two countries as well as the whole continent. Abdel Nour told MENA after participation in the ....
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EGX indexes show mixed performance
Date: 2014-08-27 13:11:44 GMT - Egypt - Economy - SN:54 - ID:894057
The Egyptian Exchange (EGX) showed mixed performance at the close of Wednesday's trading due to intensive sales by Egyptian investment funds and Arab investors. The market capital gained 1.4 billion pounds. The main benchmark EGX 30 index upped ....
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Qastal crossing between Egypt, Sudan to be inaugurated later Wednesday -- Minister
Date: 2014-08-27 10:36:58 GMT - Egypt - Economy - SN:43 - ID:893701
A new gate to Africa will open Wednesday with the inauguration of Qastal crossing with Sudan, the Egyptian trade and industry minister has said. Egyptian exports will tap the African markets via Sudan which is connected through a road network ....
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Egypt's financial watchdog gets grant from WB for microfinance
Date: 2014-08-27 09:02:58 GMT - Egypt - Economy - SN:35 - ID:893435
The Egyptian Financial Supervisory Authority (EFSA) got a four- million-dollar grant from the Wold Bank for boosting the legislative and institutional framework of microfinance activities in Egypt, the authority said in a statement on ....
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Supply minister visits Bloomberg L.P. factory in Texas
Date: 2014-08-27 08:59:21 GMT - Egypt - Economy - SN:33 - ID:893431
Supply Minister Khaled Hanafy visited a factory of Bloomberg L.P. Company in Texas to get firsthand information about advanced storage technologies. Bloomberg L.P. Company is set to execute three logistic projects in Egypt to improve storage and ....
