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Economy
- Service : English
- Category : Economy
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Govt can impose dumping fees on yellow corn imports
Date: 2014-05-20 16:35:12 GMT - Egypt - Economy - SN:61 - ID:733014
Agriculture Minister Ayman Farid Abu Hadid said Tuesday the government is thinking of imposing dumping fees on imports of yellow corn. The decision is meant to protect the national yield, the minister said. It will also encourage farmers to ....
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EGX indices up to record high in 6 years
Date: 2014-05-20 14:53:27 GMT - Egypt - Economy - SN:50 - ID:732868
The Egyptian Exchange (EGX) indices increased to a record high in six years at the end of trading Tuesday. The jump was prompted by intensive operations by Egyptian institutions and funds. The capital market gained 1.7 billion pounds to reach ....
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Nile water level unchanged
Date: 2014-05-20 14:17:19 GMT - Egypt - Economy - SN:46 - ID:732801
The Nile River water level recorded 174.68 meters on Tuesday, the same reading of Monday. Water released from Aswan Dam and water coming freshly to Lake Nasser today recorded an equal amount of 240 million cubic meters, according to an ....
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Natural gas to reach 8000 housing units
Date: 2014-05-20 11:19:44 GMT - Egypt - Economy - SN:19 - ID:732331
The oil ministry is planning to extend natural gas to 8,000 housing units by the end of the year which will save EGP1.1 billion annually, said Oil Minister Sherif Ismail. The minister said that natural gas is the only solution to the fuel crisis ....
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Trade volume with Jordan below expected--amb.
Date: 2014-05-20 10:51:22 GMT - Jordan - Economy - SN:13 - ID:732265
Egypt's Ambassador to Jordan Khaled Tharwat said that the volume of trade exchange between Egypt and Jordan stood at 840 million dollars last year which is far beyond the potentials of both countries. Jordan's prime minister, however, affirms all ....
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Egyptian GDRs in London in mixed performance
Date: 2014-05-19 17:57:53 GMT - United Kingdom - Economy - SN:72 - ID:731053
The Egyptian global depository receipts (GDRs) in the London Stock Exchange showed mixed performance at the close of Monday's trading. The GDRs of the Commercial International Bank and Orascom Telecom (CIB) rose by 0.06 percent and 0.03 percent ....
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Egypt, EU sign deal for Kafr El-Sheikh drainage projects
Date: 2014-05-19 11:02:01 GMT - Egypt - Economy - SN:39 - ID:730126
Egypt and the European Union signed a framework agreement for the funding of drainage projects in Kafr El-Sheikh. Planning and International Cooperation Minister Ashraf el-Arabi, EU Ambassador in Cairo James Moran and head of the Cairo regional ....
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Egypt exports oil derivatives worth EGP 365bn annually -- Minister
Date: 2014-05-19 10:01:49 GMT - Egypt - Economy - SN:35 - ID:729984
Egypt exports oil derivatives worth 365 billion pounds annually, the petroleum minister has said. Egypt consumes some 100,000 tons of gas daily, Sherif Ismail said Monday as he witnessed the launching of an Egyptian initiative to preserve ....
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Egyptian consumer confidence drops in April
Date: 2014-05-19 09:32:10 GMT - Egypt - Economy - SN:31 - ID:729917
A monthly report, published on Monday by the cabinet's Information and Decision Support Centre (IDSC), shows that the Consumer Confidence Index (CCI) fell 0.8 percent to 98.1 points in April compared to 106.6 points in March. Egyptian consumers ....
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ENR's Board of Directors meets under Transport Minister
Date: 2014-05-18 14:39:45 GMT - Egypt - Economy - SN:45 - ID:728728
The Board of Directors of the Egyptian National Railways "ENR" met Sunday under Transport Minister Ibrahim el-Demeiri. ENR's Board agreed on a financing contract of six trains costing EUR 126 million, by the European Bank for Development and ....
