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Economy
- Service : English
- Category : Economy
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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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91-, 273-day T-bills auctioned
Date: 2014-08-03 11:56:02 GMT - Egypt - Economy - SN:32 - ID:855922
The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 6 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 91-day T-bills with an average yield of 11.932%, adding it accepted bids at rates ....
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Listed shares rise 48.5% in June
Date: 2014-08-03 11:38:46 GMT - Egypt - Economy - SN:30 - ID:855875
The capital of listed shares on the stock market hit EGP 477 billion at the end of June or 48.5% higher than mid last year, the Egyptian Financial Supervisory Authority said. The listed shares are also 11.9% more than those recorded at the end of ....
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High dam ready for Nile River floods - minister
Date: 2014-08-02 16:54:49 GMT - Egypt - Economy - SN:32 - ID:854918
Minister of Water Resources and Irrigation Hossameddin Mohamed Moghazy said on Saturday that Egypt is ready for the flood season. There is a flood watch in effect for the Nile water level and alluvial deposits behind the High Dam, the minister ....
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Egyptian-Italian working team to be formed to boost cultural, tourist activities -- Minister
Date: 2014-08-02 08:51:16 GMT - Egypt - Economy - SN:14 - ID:854112
Tourism Minister Hisham Zaazou said Saturday that an Egyptian-Italian working team that specializes in tourism and culture will be formed during a meeting between the prime ministers of Egypt and Italy. The team will act to enhance relations ....
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Egyptian GDRs in London show mixed performance
Date: 2014-07-31 18:27:35 GMT - United Kingdom - Economy - SN:24 - ID:852568
The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance at the close of Thursday's session. The GDRs of the Commercial International Bank (CIB) rose by 0.26 percent, hitting 5.85 dollars. The ....
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Egypt bourse records collective gains
Date: 2014-07-31 14:34:38 GMT - Egypt - Economy - SN:15 - ID:852306
Egypt's bourse indices recorded collective gains at the end of Thursday's trading, amid intensive purchases by foreign investors. The market capital gained about 3.6 billion pounds to reach 501 billion pounds, amid transactions which hit about ....
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Egyptian GDRs in London stable
Date: 2014-07-30 17:06:13 GMT - United Kingdom - Economy - SN:46 - ID:851242
The Egyptian global depository receipts (GDRs) in the London Stock Exchange (LSE) showed stable performance at the close of Wednesday's trading. The GDRs of Orascom Telecom, EFG-Hermes and Orascom Construction Industries remained unchanged at ....
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Egypt to host summit on tripartite trade zone late 2014
Date: 2014-07-30 11:10:57 GMT - Egypt - Economy - SN:27 - ID:850720
Egypt will be hosting summit talks on a tripartite free trade zone late in 2014, Trade and Industry Minister Mounir Fakhry Abdel-Nour said. This will be the third such meeting on the issue. The first was held in Uganda in 2008 and the second in ....
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Mahlab: Ministerial committee visiting Toshka to solve problems
Date: 2014-07-23 12:03:18 GMT - Egypt - Economy - SN:25 - ID:841703
Prime Minister Ibrahim Mahlab said the Toshka project is of great importance with its infrastructure that has exceeded EGP 6.5 billion and expected to be multiplied. A ministerial committee is visiting Toshka to get acquainted with problems ....
