Economy

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  • Minister: ICT sector invests EGP 15 bn in Suez Canal project

    Minister: ICT sector invests EGP 15 bn in Suez Canal project

    Date: 2014-08-06 14:16:14 GMT - Egypt - Economy - SN:22 - ID:861510

    Minister of Communication and Information Technology Atef Helmy said the ministry will contribute to the Suez Canal Development project with launching major projects worth 13-15 billion pounds. "We will build communication and information ....

  • Finance, investment ministers to inaugurate Euromoney Egypt Conf. on Sept. 16

    Finance, investment ministers to inaugurate Euromoney Egypt Conf. on Sept. 16

    Date: 2014-08-05 16:29:59 GMT - Egypt - Economy - SN:37 - ID:860116

    Finance Minister Hani Qadri and Investment Minister Ashraf Suliman will inaugurate the 19th session of the Euromoney Egypt Conference, which will be held on September 16-17. In a statement on Tuesday, the foundation said that Qadri will review ....

  • Egypt's bourse indexes up

    Egypt's bourse indexes up

    Date: 2014-08-05 12:57:46 GMT - Egypt - Economy - SN:22 - ID:859615

    Egypt's bourse indexes on Tuesday maintained an upward trend amid intensive purchase operations by foreign funds and corporations. This comes at a time when President Abdel Fattah El Sisi has announced the start of the Suez Canal development ....

  • Egypt auctionsT-bonds worth EGP 3.5bln

    Egypt auctionsT-bonds worth EGP 3.5bln

    Date: 2014-08-04 14:30:18 GMT - Egypt - Economy - SN:53 - ID:857927

    The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 3.5 billion. The ministry said it sold three-year T-bonds worth EGP 1.5 billion and maturing on August 5, 2017. It also said it sold 7-year T-bonds (maturing ....

  • Suez Canal achieves cargo record

    Suez Canal achieves cargo record

    Date: 2014-08-04 14:26:46 GMT - Egypt - Economy - SN:48 - ID:857913

    Ships that transited the Suez Canal on Monday achieved a cargo record that reached 3.104 million as fifty ships sailed in the water way. The south-bound convoy included 22 ships, carrying 1.409 million tons and the north-bound convoy included ....

  • Suez Canal achieves cargo record

    Suez Canal achieves cargo record

    Date: 2014-08-04 12:19:02 GMT - Egypt - Economy - SN:47 - ID:857617

    Ships that transited the Suez Canal on Monday achieved a cargo record that reached 3.104 million as fifty ships sailed in the water way. The south-bound convoy included 22 ships, carrying 1.409 million tons and the north-bound convoy included 28 ....

  • Egypt, Czech to sign MoU to form trade committee

    Egypt, Czech to sign MoU to form trade committee

    Date: 2014-08-04 10:17:36 GMT - Egypt - Economy - SN:41 - ID:857334

    Egypt and Czech will sign a memorandum of understanding to form a committee tasked with addressing the problems facing trade exchange and attracting investments between the two sides, a Trade and Industry Ministry official said on Monday. Saeed ....

  • Petroleum minister makes surprise visits to oil companies in Suez

    Petroleum minister makes surprise visits to oil companies in Suez

    Date: 2014-08-04 09:27:34 GMT - Egypt - Economy - SN:34 - ID:857205

    Petroleum Minister Sherif Ismail made surprise visits to a number of oil companies in Suez on Monday. He also inspected oil refinery labs at the companies. Ismail visited the oil pump company, the Nasr Petroleum Company and the oil pipeline ....

  • Agriculture minister's visit to Nouakchott boosted relationship with Mauritania - Egypt's ambassador

    Agriculture minister's visit to Nouakchott boosted relationship with Mauritania - Egypt's ambassador

    Date: 2014-08-04 08:21:44 GMT - Mauritania - Economy - SN:16 - ID:857066

    Egyptian ambassador in Nouakchott Ahmed Fadel Yaaqub described Agriculture Minister Adel El-Beltagy's visit to Mauritania as historic. At the end of the minister's visit , Yaaqub told MENA on Sunday the visit is the second for an Egyptian ....

  • 3 major projects by global investors in tech, logistics: min.

    3 major projects by global investors in tech, logistics: min.

    Date: 2014-08-04 08:08:25 GMT - Egypt - Economy - SN:14 - ID:857058

    Three major projects will be launched in Egypt by global investors in the fields of technology and logistics, Minister of Supply and Internal Trade Khaled Hanafi. President Abdel Fattah El Sisi held two meetings on Sunday: the first with a group ....

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