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Economy
- Service : English
- Category : Economy
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Suez Canal vessels cargoes hit record high
Date: 2014-04-22 12:44:50 GMT - Egypt - Economy - SN:26 - ID:681758
The cargoes laden at the vessels transiting the Suez Canal registered a record high on Tuesday. Fifty-two vessels transited the Suez Canal on Tuesday, carrying a total cargo of 4.324 million tons. The south-bound convoy included 30 ships, ....
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Report: Fuel cards improve subsidy system, reduce smuggling
Date: 2014-04-22 06:42:34 GMT - Egypt - Economy - SN:3 - ID:680906
A newly-launched chip-and-pin scheme for fuel purchases in Egypt is playing a key part in the roll out of the country’s long-awaited and ambitious subsidy reform program, bringing the concepts and technology behind electronic payments to the fore, a ....
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Egypt Exchange off on Thursday on occasion of Sinai Liberation Day
Date: 2014-04-21 12:09:39 GMT - Egypt - Economy - SN:27 - ID:680063
Thursday, April 24 will be a day off at the Egyptian Exchange (EGX) on the occasion of Sinai Liberation Day. The exchange will resume work tomorrow after the end of the Easter and Sham El-Nessim holidays, EGX chairman Mohamed Omran told MENA on ....
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Petroleum min. pays surprise visit to Mineral Resources Authority
Date: 2014-04-18 15:43:36 GMT - Egypt - Economy - SN:12 - ID:675478
Petroleum Minister Sherief Ismail paid Friday a visit to the Mineral Resources Authority HQs. During the visit, Ismail met with staffers and senior officers and inspected the body's information and documentation center, urging for protecting ....
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Egyptian bourse up during last week trading
Date: 2014-04-18 09:26:36 GMT - Egypt - Economy - SN:7 - ID:674786
All indexes of the Egyptian Exchange (EGX) were up during last week trading. During the course of the week, the benchmark EGX 30 index rose by 2.59 percent reaching 8,104 points, said a weekly report issued by the Egyptian Exchange, of which MENA ....
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Ethiopia, S. Sudan discuss Renaissance Dam
Date: 2014-04-18 08:06:43 GMT - Ethiopia - Economy - SN:5 - ID:674609
Ethiopia's Prime Minister Hailemariam Desalegn said Thursday that his talks with South Sudan President Salva Kiir tackled the Renaissance Dam. Desalegn was quoted by the Ethiopian news agency as saying that he inquired about Kiir's latest visit ....
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Egyptian GDRs in London stable
Date: 2014-04-17 17:53:36 GMT - United Kingdom - Economy - SN:56 - ID:674170
The Egyptian global depository receipts (GDRs) in the London Stock Exchange showed stable performance at the close of Thursday's trading. The GDRs of Orascom Telecom, EFG-Hermes and Orascom Construction Industries remained unchanged at 0.85, ....
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Egypt bourse gains EGP 1.7bn, main index up 0.29%
Date: 2014-04-17 14:39:30 GMT - Egypt - Economy - SN:37 - ID:673768
Egyptian Exchange (EGX) registered gains at the close of Thursday's trading backed by intensive purchases by investment funds and local institutions. The market capital achieved gains worth 1.7 billion pounds, registering 477.7 billion pounds, ....
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Studies for Waw dam in S.Sudan to be completed soon--Minister
Date: 2014-04-17 12:39:19 GMT - Egypt - Economy - SN:31 - ID:673483
Water Resources and Irrigation Minister Mohamed Abdel-Motleb said all feasibility studies to establish a dam for South Sudan at Waw city will be finalized soon. The dam is part of a package of development projects, which will be carried out by ....
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Finance Minister back home from New York
Date: 2014-04-17 12:09:43 GMT - Egypt - Economy - SN:23 - ID:673391
Finance Minister Hany Kadry returned to Cairo on Thursday coming from New York after a visit to the US, where he attended meetings of the International Monetary Fund and the World Bank Group. Kadry signed a loan agreement with WB officials to ....
