Economy
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- Category : Economy
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35 vessels transit Suez Canal
Date: 2014-06-16 14:48:41 GMT - Egypt - Economy - SN:71 - ID:781325
Thirty-five vessels transited the Suez Canal in two convoys on Monday carrying a total cargo of1.495 million tons. The south-bound convoy comprised 19 ships carrying a cargo of 1.211 million tons, while the north-bound convoy included 16 ships ....
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Egypt bourse loses EGP 5.5bln, main index down by 1.53 pct
Date: 2014-06-16 12:27:59 GMT - Egypt - Economy - SN:61 - ID:780992
Egypt's bourse continued its downward trend at the end of closing on Monday, driven by sales by Arab and foreign investment funds and institutions. The market capital lost about 5.5 billion pounds to reach 487.4 billion pounds, amid transactions ....
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Egypt's exports of crude oil, petroleum products up by 20.1% in April
Date: 2014-06-16 12:26:03 GMT - Egypt - Economy - SN:60 - ID:780985
The Information and Decision Support Center (IDSC) on Monday uncovered a 20.1 % rise in Egyptian exports from crude oil and petroleum products during April. In its monthly economic report, a copy of which obtained by MENA, the IDSC said exports ....
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Nile water level unchanged
Date: 2014-06-16 11:56:52 GMT - Egypt - Economy - SN:55 - ID:780908
The Nile River water level remained unchanged on Monday, recording Sunday's same reading of 174.27 meters. Water released from the Aswan Dam reached 250 million cubic meters and the amount of water coming freshly to Lake Nasser was registered at ....
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India, China, Germany top exporters of Egyptian cotton
Date: 2014-06-16 10:44:19 GMT - Egypt - Economy - SN:47 - ID:780708
Egypt has exported some 37,862 tons of cotton to different world countries this season. India, China, Germany, Italy and Turkey are the five top importers of Egyptian cotton. ....
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Minister: 75% of govt projects to be finalized by June 30
Date: 2014-06-16 10:29:18 GMT - Egypt - Economy - SN:45 - ID:780662
Planning and International Cooperation Minister Ashraf el-Arabi stressed on Monday that 75 percent of the projects included in the government's 2013/2014 plan will be finalized by June 30. Arabi, speaking to MENA, said the rest of the projects ....
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Suez Canal revenues rise by 0.1% in April
Date: 2014-06-16 09:41:54 GMT - Egypt - Economy - SN:42 - ID:780548
Revenues of the Suez Canal rose by 0.1 percent in April compared to March to hit 442.4 million dollars, according to a report by the Cabinet's Information and Decision Support Center on Monday. On annual base, the proceeds jumped 8.9 percent ....
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Abdel Nour: Egypt capable of luring foreign investments, reaching out to int'l markets
Date: 2014-06-16 09:32:57 GMT - Egypt - Economy - SN:36 - ID:780523
Minister of Industry, Trade and Investment Munir Fakhri Abdel Nour said Egypt is capable of luring investments given its Arab and African orientations and in view of its trade relations with several world countries, asserting that the Egyptian ....
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Modern grain storage units to be established -- minister
Date: 2014-06-16 09:31:50 GMT - Egypt - Economy - SN:35 - ID:780521
Modern storage units will be established in all provinces to store grains, said the supply minister on Monday. The plan was discussed at a meeting Khaled Hanafy held with David Blumberg, CEO of Blumberg Grain. The planned units will preserve ....
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Abdel-Nour opens forum on Egypt-US business development tomorrow
Date: 2014-06-15 16:54:12 GMT - Egypt - Economy - SN:44 - ID:779657
Minister of Trade and Industry Munir Fakhry Abdel-Nour opens Monday a forum organized by the US Middle East Institute on development of businesses between Egypt and the US. The forum will be held under the auspices of the Prime Minister with ....