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Economy
- Service : English
- Category : Economy
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PM opens Sat. major resort in North Coast
Date: 2014-08-22 11:58:00 GMT - Egypt - Economy - SN:12 - ID:886067
Prime Minister Ibrahim Mahlab will open a huge tourist resort in Egypt’s northwest coast on Saturday and inspect the location of the new El Alamein city. The premier will also hold a meeting during which the housing minister will put forward ....
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Russia asked Egypt to join Eurasian's free trade agreement: min.
Date: 2014-08-22 11:14:31 GMT - Egypt - Economy - SN:8 - ID:885974
Russia has asked Egypt to start negotiations to sign a free trade agreement with the Eurasian Customs Union, which groups Russia, Kazakhstan and Belarus, said Minister of Trade and Industry Mounir Fakhri Abdel Nour. "The Russian side has formally ....
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Bourse indexes show varied performance last week
Date: 2014-08-22 08:53:45 GMT - Egypt - Economy - SN:4 - ID:885740
The Egyptian Exchange closed last week with losses amounting to EGP 2.88 billion and its indexes showed mixed performance. The capital market declined to EGP 519.79 billion. During the course of the week, the benchmark index EGX 30 retreated ....
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Egypt bourse hit record levels since June last year
Date: 2014-08-21 13:50:47 GMT - Egypt - Economy - SN:23 - ID:884944
The Egyptian Exchange (EGX) hit record levels from June 30 of 2013 till August 20, thanks to political and economic changes in Egypt. The main index EGX 30 went up by 98.6 percent in this period. EGX 70 of small and medium-sized enterprises ....
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182-, 364-day T-bills auctioned
Date: 2014-08-21 13:40:05 GMT - Egypt - Economy - SN:21 - ID:884927
The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 6.5 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 182-day T-bills. The average yield was 11.803%, it said, adding it accepted bids ....
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Irrigation Ministry receives EGP 900,000 donations to Tahya Masr Fund
Date: 2014-08-21 13:04:35 GMT - Egypt - Economy - SN:19 - ID:884843
The Irrigation Ministry announced on Thursday that a number of contractors donated about EGP 900,000 from their dues to the ministry to the Tahya Masr Fund (Long Live Egypt Fund). The contractors took the step in response to the call of President ....
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100,000 housing units to be built for limited-income Egyptians
Date: 2014-08-21 12:54:08 GMT - Egypt - Economy - SN:17 - ID:884821
The ministries of Housing, Utilities and Urban Communities and Defense are to sign a protocol for building 100,000 housing units for limited-income in six cities, the first project of its kind for such brackets in ten years. The units will be ....
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Egyptian Exchange indices up on Wednesday
Date: 2014-08-20 13:50:45 GMT - Egypt - Economy - SN:46 - ID:883187
The Egyptian Exchange (EGX) indices went up on Wednesday backed by active purchase operations of housing and real estate shares. The market capital gained 1.8 billion pounds to reach 521.7 billion pounds, amid transactions which hit about 1.5 ....
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Minister announces agreement to legalize status of Cairo suspended factories
Date: 2014-08-20 13:48:31 GMT - Egypt - Economy - SN:44 - ID:883181
Minister of Trade and Industry Munir Fakhry Abdel Nour said on Wednesday that an agreement was reached with the Housing Ministry to legalize the status of the small- and medium-sized factories in the industrial zone in the Third Settlement, New ....
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Industry ministry to provide qualified workers to Suez Canal project
Date: 2014-08-19 14:57:01 GMT - Egypt - Economy - SN:54 - ID:881524
Industry and Trade Minister Mounir Fakhry Abdel-Nour said that his ministry is keen on providing qualified workers to fulfill the needs of the New Suez Canal project. Coordination is underway between the Industrial Training Council and the ....
