Economy
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- Category : Economy
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Minister: Egypt to establish model farms in Chad
Date: 2014-04-29 15:25:29 GMT - Egypt - Economy - SN:44 - ID:694789
Agriculture Minister Ayman Farid Abu Hadid said that Egypt will establish model farms for livestock and fisheries development, along with the production of important crops in cooperation with Chad. This came during his meeting with the official ....
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Exchange indices go down on Tuesday
Date: 2014-04-29 14:30:22 GMT - Egypt - Economy - SN:38 - ID:694657
Egyptian Exchange (EGX) indices went down at the end of today's trading, affected by massive selling operations by Egyptian investors. The market capital lost almost 1.9 billion pounds to reach 474.4 billion pounds, after transactions hit about ....
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58 vessels transit Suez Canal
Date: 2014-04-29 13:59:36 GMT - Egypt - Economy - SN:35 - ID:694570
Fifty-eight vessels passed through the Suez Canal on Tuesday, carrying a total cargo of 2.434 million tons. The south-bound convoy included 22 ships with a combined cargo of 730,000 tons while the 36 ships of the north-bound convoy had a cargo ....
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Nile water level steady
Date: 2014-04-29 13:37:33 GMT - Egypt - Economy - SN:30 - ID:694499
The Nile River water level recorded 174,98 meters on Tuesday, the same as the reading of Monday. Water released from Aswan Dam reached 175 million cubic meters and water coming freshly to Lake Nasser today was also the same, according to a report ....
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Oil sector plans to buy 5 drilling rigs
Date: 2014-04-29 13:26:18 GMT - Egypt - Economy - SN:28 - ID:694445
The Petroleum sector is planning to buy five drilling rigs with total investments hitting $74 million. This came in a report submitted by SinoTharwa Drilling Company to Minister of Petroleum and Mineral Resources Sharif Ismail over the company's ....
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Zazou urges maintaining tourist promotion campaigns
Date: 2014-04-29 12:18:58 GMT - Egypt - Economy - SN:15 - ID:694269
Minister of Tourism Hisham Zazou on Tuesday urged maintaining tourist promotion campaigns with a view to attracting more Arab tourists to Egypt along with tapping additional tourist markets. The remark was made at a workshop for activating ....
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CBE keeps interest rates unchanged
Date: 2014-04-28 18:15:26 GMT - Egypt - Economy - SN:90 - ID:693040
The Monetary Policy Committee at the Central Bank of Egypt (CBE) has kept the overnight interest rate unchanged. The rate is kept at 8.25 per cent for deposit and 9.25 percent for lending, the CBE said in a statement on Monday. ....
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Egyptian GDRs in London in mixed performance
Date: 2014-04-28 17:55:47 GMT - United Kingdom - Economy - SN:85 - ID:693017
The Egyptian global depository receipts (GDRs) in London Stock Exchange showed mixed performance at the close of Monday's trading. The GDRs of the Commercial International Bank (CIB) and Orascom Telecom dropped by 1.17 and 0.05 percent. The ....
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Egypt bourse loses EGP 3.4bln, indices collectively down
Date: 2014-04-28 16:10:22 GMT - Egypt - Economy - SN:74 - ID:692833
Egyptian Exchange (EGX) indices went down at the end of today's trading, affected by the renewal of political concerns, after issuing rulings to ban the 6 April Youth Movement and execute rioters responsible for acts of vandalism in Minya ....
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33 vessels transit Suez Canal
Date: 2014-04-28 13:31:17 GMT - Egypt - Economy - SN:67 - ID:692423
Thirty-three vessels passed through the Suez Canal on Monday, carrying a total cargo of 1.808 million tons. The south-bound convoy included 18 ships with a combined cargo of 891,000 tons, while the 18 ships of the north-bound convoy had a cargo ....