Economy

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  • Category : Economy
  • Nile water level unchanged

    Nile water level unchanged

    Date: 2014-06-03 14:53:30 GMT - Egypt - Economy - SN:66 - ID:758904

    The Nile River water level remained unchanged on Tuesday, recording Monday's same reading of 174.47 meters. Water released from the Aswan Dam reached 255 million cubic meters and the amount of water coming freshly to Lake Nasser was registered at ....

  • Egypt takes part in annual meetings of Islamic Bank in Jeddah

    Egypt takes part in annual meetings of Islamic Bank in Jeddah

    Date: 2014-06-03 14:00:07 GMT - Egypt - Economy - SN:60 - ID:758765

    Egypt will take part in the annual meetings of the Islamic Bank that will be held in Jeddah, Saudi Arabia later this month, said Minister of Planning and International Cooperation Ashraf el-Arabi on Tuesday. In statements to MENA, he added that ....

  • 49 vessels sail through Suez Canal

    49 vessels sail through Suez Canal

    Date: 2014-06-03 13:29:49 GMT - Egypt - Economy - SN:55 - ID:758702

    Forty-nine vessels transited the Suez Canal on Tuesday, carrying a total cargo of 2.518 million tons. The south-bound convoy included 27 ships, carrying 1.263 million tons and the north-bound convoy included 22 vessels with a combined cargo of ....

  • Egypt participates in ministerial conference on energy in Addis Ababa

    Egypt participates in ministerial conference on energy in Addis Ababa

    Date: 2014-06-03 13:20:44 GMT - Egypt - Economy - SN:54 - ID:758671

    Minister of Electricity and Energy Mohamed Shaker on Tuesday attended a ministerial conference on energy currently in session in Addis Ababa, Ethiopia. The three-day conference, that opened Sunday, groups ministers concerned from the US, African ....

  • South Korea is important development partner of Egypt - minister

    South Korea is important development partner of Egypt - minister

    Date: 2014-06-03 12:33:32 GMT - Egypt - Economy - SN:50 - ID:758563

    Minister of Planning and International Cooperation Ashraf el-Arabi said that South Korea is one of Egypt's important development partners. South Korea offered Egypt grants to implement several projects to serve its socio-economic development, ....

  • EGX trading affected by internet technical failure

    EGX trading affected by internet technical failure

    Date: 2014-06-03 12:20:10 GMT - Egypt - Economy - SN:48 - ID:758530

    The Egyptian Exchange (EGX) showed a mixed performance at closing on Tuesday, prompted by sales by local funds and institutions countered by purchases by Arab and foreign investors with transactions reportedly being affected by a few hours' ....

  • Umran: IMF did not push for imposing any taxes on bourse revenues

    Umran: IMF did not push for imposing any taxes on bourse revenues

    Date: 2014-06-03 10:51:01 GMT - Egypt - Economy - SN:35 - ID:758329

    Chairman of the Egyptian Stock Exchange Mohammad Umran asserted that the International Monetary Fund (IMF) has not intervened in any way in the new tax law proposed by the Egyptian government on dividends and gains of share transactions. In ....

  • bourse gains EGP 2.9 bn, main index up by 1%

    bourse gains EGP 2.9 bn, main index up by 1%

    Date: 2014-06-03 09:23:30 GMT - Egypt - Economy - SN:25 - ID:758117

    The Egyptian Stock Exchange achieved gains worth EGP 2.9 billion at the beginning of Tuesday trading backed by purchase of Egyptian investors. Capital market of shares of the companies listed in the bourse reached up to EGP 467.5 billion. The ....

  • Finance ministry: Daily withdrawal limit mere rumors

    Finance ministry: Daily withdrawal limit mere rumors

    Date: 2014-06-02 17:24:06 GMT - Egypt - Economy - SN:68 - ID:757376

    The finance Ministry did not send a letter to the Central Bank of Egypt (CBE) governor to set the cash withdrawal daily limit to EGP 30,000, said spokesman of the Ministry of Finance Ayman al-Kaffas on Monday. "Such unfounded rumors are fueled ....

  • New state budget deals with economic issues realistically - minister

    New state budget deals with economic issues realistically - minister

    Date: 2014-06-02 15:22:17 GMT - Egypt - Economy - SN:62 - ID:757159

    The draft law of the 2014/2015 state budget adopts a realistic approach with the problems and challenges plaguing the national economy in the present phase while fulfilling the aspirations of the society for a decent living, Finance Minister Hani ....

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