Economy
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- Category : Economy
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OPEC 165th ordinary meeting kicks off in Vienna
Date: 2014-06-11 11:16:41 GMT - Austria - Economy - SN:20 - ID:772520
The 165th Ordinary Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) kicked off here in Vienna Wednesday under the Chairmanship of its President Mustafa Jassim Mohammad Al-Shamali, Deputy Prime Minister and ....
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Egyptian bourse remains among Morgan Stanley's emerging markets index
Date: 2014-06-11 08:27:07 GMT - Egypt - Economy - SN:13 - ID:772043
Morgan Stanley kept Egypt's Stock Exchange among its comprehensive emerging markets index in light of the improvement of the economic situation in Egypt and foreign cash reserves. In a statement, the foundation said there is no need to hold ....
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Bourse indices down in Tuesday trading
Date: 2014-06-10 14:32:42 GMT - Egypt - Economy - SN:29 - ID:771199
The Egyptian Exchange (EGX) indices slightly went down on Tuesday amid intensive sale operations by local investors. The Egyptian Exchange closed Tuesday with losses amounting to EGP 1.1 billion. The EGX 30 benchmark index went down and closed ....
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Nile level drops by 2 cm
Date: 2014-06-09 12:03:49 GMT - Egypt - Economy - SN:45 - ID:769149
The Nile River water level dropped Monday to record 174.26 meters, two centimeters less than Sunday. Water released from the Aswan Dam reached 250 million cubic meters and the amount of water coming freshly to Lake Nasser reached 146 million ....
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34 vessels sail through Suez Canal
Date: 2014-06-09 11:22:31 GMT - Egypt - Economy - SN:39 - ID:769040
Thirty-four vessels transited the Suez Canal on Monday, carrying a total cargo of 1.943 million tons. The south-bound convoy included 20 ships, carrying 950,000 tons and the north-bound convoy included 14 vessels with a combined cargo of 993,000 ....
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EGX chief meets Belgium ambassador
Date: 2014-06-09 11:17:20 GMT - Egypt - Economy - SN:38 - ID:769020
Executive Chairman of the Egyptian Exchange (EGX) Mohamed Omran discussed here Monday with Belgium Ambassador to Egypt Gilles Hevart the latest developments related to the growth rates of the Egyptian capital market, which achieved positive rates ....
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Gov't denies plans to refrain from raising energy prices decision: Planning minister
Date: 2014-06-07 16:13:14 GMT - Egypt - Economy - SN:37 - ID:766341
Planning Minister Ashraf el-Arabi said that the government will not backtrack from its plan to raise the energy prices. The minister asserted that such measure would help decrease the budget deficit that reached 14 percent. "The Egyptian ....
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Nile level drops by 1 cm
Date: 2014-06-07 12:39:51 GMT - Egypt - Economy - SN:36 - ID:765960
The Nile River water level dropped Saturday to record 174.40 meters, one centimeter less than Friday. Water released from the Aswan Dam reached 250 million cubic meters and the amount of water coming freshly to Lake Nasser reached 198 million ....
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US-Africa energy conf. in Ethiopia provided opportunity to do business in Egypt - ambassador
Date: 2014-06-07 10:33:07 GMT - Egypt - Economy - SN:25 - ID:765686
The US-Africa Energy Conference, which was hosted by Ethiopia, was a great opportunity for the foreign private companies to meet with the Egyptian delegation members to look into ways of carrying out investment projects in Egypt, said Egypt's ....
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UAE to finance establishment of 2 silos for wheat storage in Damietta, Amriya
Date: 2014-06-07 10:10:10 GMT - Egypt - Economy - SN:22 - ID:765627
The UAE will finance the establishment of two silos for wheat storage in Damietta and el-Amriya. An agreement between Egypt and the UAE was signed in this respect on Saturday. The Arab Organization for Industrialization will implement the ....