Economy

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  • Egyptian Exchange indexes up last week

    Egyptian Exchange indexes up last week

    Date: 2014-04-25 11:16:32 GMT - Egypt - Economy - SN:19 - ID:687076

    The Egyptian Exchange indexes closed last week up and the market capital gained EGP 4.75 billion to hit EGP 482.4 billion. During the course of the week, the benchmark index EGX 30 jumped up 2.36 percent to 8,295 points, said a weekly report ....

  • EGX shows mixed performance

    EGX shows mixed performance

    Date: 2014-04-23 14:18:59 GMT - Egypt - Economy - SN:67 - ID:684042

    The Egyptian Exchange (EGX) showed mixed performance at the end of Monday's trading, amid purchases by Egyptian and foreign institutions. The market capital lost about 2.1 billion pounds to hit 482.3 billion pounds, after transactions ....

  • 40 vessels transit Suez Canal

    40 vessels transit Suez Canal

    Date: 2014-04-23 13:42:36 GMT - Egypt - Economy - SN:59 - ID:683974

    Forty vessels transited the Suez Canal on Wednesday, carrying a total cargo of 1.944 million tons. The south-bound convoy included 21 ships, carrying 1.111 million tons and the north-bound convoy included 19 vessels with a combined cargo of ....

  • Nile water level drops

    Nile water level drops

    Date: 2014-04-23 12:19:09 GMT - Egypt - Economy - SN:53 - ID:683731

    The Nile River water level dropped Wednesday, recording 175.03 meters, one centimeter less than yesterday. Water released from the Aswan Dam reached 175 million cubic meters and the amount of water coming freshly to Lake Nasser reached 71 million ....

  • 2,400 megawatts added to national electricity grid to meet demand- minister

    2,400 megawatts added to national electricity grid to meet demand- minister

    Date: 2014-04-23 12:13:27 GMT - Egypt - Economy - SN:49 - ID:683710

    Electricity and Renewable Energy Minister Mohamed Shaker said that he is following up the final measures to add 2,400 megawatts to the national electricity grid to help meet growing demand for electricity. The move comes as part of ongoing ....

  • Promotion for Holy Family Journey program to be launched in June - minister

    Promotion for Holy Family Journey program to be launched in June - minister

    Date: 2014-04-23 09:40:58 GMT - Egypt - Economy - SN:30 - ID:683215

    Tourism Minister Hisham Zaazou said on Wednesday that the Ministry will launch a promotional program for the Holy Family journey in June. Zaazou said Egypt is coordinating with Jordan to make the best use of the Christian attractions there and ....

  • Egypt gets $ 700 mln in petroleum aid from Arab countries

    Egypt gets $ 700 mln in petroleum aid from Arab countries

    Date: 2014-04-23 07:52:42 GMT - Egypt - Economy - SN:9 - ID:682909

    Petroleum Minister Sherief Ismail has said Egypt receives 700 million dollars per month in petroleum aid from Arab countries. "These countries include Saudi Arabia, the UAE and Kuwait," the minister said in statements to CBC satellite channel on ....

  • EGX gains EGP 6.9 billion

    EGX gains EGP 6.9 billion

    Date: 2014-04-22 15:35:02 GMT - Egypt - Economy - SN:48 - ID:682157

    The Egyptian Exchange (EGX) registered gains at the close of Tuesday's trading backed by intensive purchases by local investment funds. The market capital achieved gains worth 6.9 billion pounds, registering 484.5 billion pounds, after ....

  • Nile water level drops

    Nile water level drops

    Date: 2014-04-22 14:25:16 GMT - Egypt - Economy - SN:41 - ID:682016

    The Nile River water level dropped Tuesday, recording 175.04 meters, two centimeters less than yesterday. Water released from the Aswan Dam reached 175 million cubic meters and the amount of water coming freshly to Lake Nasser reached 71 million ....

  • Economic ministerial group meets under Mahlab

    Economic ministerial group meets under Mahlab

    Date: 2014-04-22 13:17:01 GMT - Egypt - Economy - SN:30 - ID:681832

    The economic ministerial group started its meeting on Tuesday under Prime Minister Ibrahim Mahlab to discuss a number of important economic issues, especially the domestic financial situation, foreign exchange markets and markets control. The ....

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