Economy

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  • Category : Economy
  • Bourse indexes down

    Bourse indexes down

    Date: 2014-06-15 14:08:10 GMT - Egypt - Economy - SN:32 - ID:779321

    The Egyptian Exchange (EGX) indexes went down collectively Sunday due to intensive share sales by foreign investors. The market capital lost about EGP 2.9 billion to reach EGP 493 billion after transactions reached EGP 774 million. The main ....

  • Trade min. discusses activating Egypt-Czech business council

    Trade min. discusses activating Egypt-Czech business council

    Date: 2014-06-14 14:58:12 GMT - Egypt - Economy - SN:49 - ID:777744

    Minister of Trade, Industry and Investment Mounir Fakhri Abdel-Nour discussed Saturday ways of activating the Egyptian-Czech business council for boosting bilateral investment cooperation. The minister also discussed potentials of establishing a ....

  • Bourse indexes up last week

    Bourse indexes up last week

    Date: 2014-06-14 09:08:23 GMT - Egypt - Economy - SN:23 - ID:777027

    The Egyptian Exchange indexes closed last week up and the market capital gained EGP 9.3 billion to hit EGP 496 billion. During the course of the week, the benchmark index EGX 30 jumped 2.91 percent to 8,746 points, said a weekly report issued by ....

  • Port Said Ports authority head arrested for bribe charges

    Port Said Ports authority head arrested for bribe charges

    Date: 2014-06-13 17:18:55 GMT - Egypt - Economy - SN:25 - ID:776470

    The Port Said Ports Authority's chief Ahmed Sharaf was arrested on Friday for getting a bribe from a company to facilitate its work in violation of the law. Sharaf is accused of taking money from a private company to facilitate the firm's ....

  • Agriculture minister urges solar energy usage

    Agriculture minister urges solar energy usage

    Date: 2014-06-13 13:38:35 GMT - Egypt - Economy - SN:15 - ID:776136

    Minister of Agriculture Ayman Abu Hadid has underlined the importance of using solar energy as an alternative energy in agricultural projects and irrigation. During a meeting Friday with a committee on irrigation development, Abu Hadid called ....

  • 182-,364-day T-bills auctioned

    182-,364-day T-bills auctioned

    Date: 2014-06-12 14:10:11 GMT - Egypt - Economy - SN:26 - ID:774690

    The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 7 billion. In an online statement, the ministry said it sold EGP 3 billion of 182-day T-bills. The average yield was 10.874%, it said, adding it accepted bids at ....

  • EGX indexes show varied performance

    EGX indexes show varied performance

    Date: 2014-06-12 13:49:33 GMT - Egypt - Economy - SN:20 - ID:774657

    The Egyptian Stock Exchange (EGX) showed varied performance at the close of trading on Thursday. The market capital recorded gains worth 2.2 billion pounds amid intensive sales by Egyptian and Arab investors and strong purchases by foreign ....

  • EGP 1.28 billion transaction on Amer Group shares

    EGP 1.28 billion transaction on Amer Group shares

    Date: 2014-06-12 11:36:27 GMT - Egypt - Economy - SN:15 - ID:774337

    The Egyptian Stock Exchange made a 1.28 billion pounds transaction on 876 million shares of Amer Group as part of the new Block Trading mechanism designed for for large volume transactions. In a statement, the bourse said the share was sold for ....

  • Irrigation minister, North Sinai governor inspect route of Al-Salam canal

    Irrigation minister, North Sinai governor inspect route of Al-Salam canal

    Date: 2014-06-11 15:40:39 GMT - Egypt - Economy - SN:36 - ID:773095

    Water Resources and Irrigation Minister Mohamed Abdel-Moteleb inspected Wednesday the route of Al-Salam Canal in North Sinai. North Sinai Governor Abdel-Fattah Harhour accompanied the minister, who also inspected Al-Salam station. ....

  • Trucks movement between Egypt, Libya through Salloum crossing

    Trucks movement between Egypt, Libya through Salloum crossing "normal" - Matrouh security chief

    Date: 2014-06-11 13:27:49 GMT - Egypt - Economy - SN:28 - ID:772853

    The Egyptian truck movement is normal on the road between Egypt and Libya via Salloum crossing, said Matrouh security chief El-Anani Hamouda. In statements Wednesday, Hamouda said that the trucks, carrying goods on both directions between Egypt ....

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