Economy

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  • Category : Economy
  • Egypt to purchase wheat from Romania, Russia, Ukraine - minister

    Egypt to purchase wheat from Romania, Russia, Ukraine - minister

    Date: 2014-04-12 10:24:06 GMT - Egypt - Economy - SN:15 - ID:663607

    Egypt's General Authority for Supply Commodities (GASC) signed an agreement to buy 230,000 tons of Romanian, Russian and Ukrainian wheat to produce subsidized bread, to be supplied by May for 10 days. The agreement, reached under an international ....

  • Egypt's finance minister demands granting Africa extra seat at IMF board

    Egypt's finance minister demands granting Africa extra seat at IMF board

    Date: 2014-04-11 13:04:27 GMT - Egypt - Economy - SN:16 - ID:662513

    Finance Minister Hany Qadry urged the Committee of Ten, which includes African countries, to adopt and follow up executive steps required to represent Africa in the Group of Twenty, the Finance Ministry said in a statement Friday. The committee ....

  • Transport min. in Amman for Arab Bridge Maritime meeting

    Transport min. in Amman for Arab Bridge Maritime meeting

    Date: 2014-04-11 13:02:43 GMT - Jordan - Economy - SN:15 - ID:662508

    Egypt's Transport Minister Ibrahim el-Demeiri left Friday for Amman, Jordan, on a two-day visit to take part in the meetings of the general assembly of the Arab Bridge Maritime Company. The meetings, of the joint venture between the governments ....

  • Egypt, EU confer on upgrading cooperation

    Egypt, EU confer on upgrading cooperation

    Date: 2014-04-11 12:01:34 GMT - Egypt - Economy - SN:8 - ID:662346

    Minister of Supply and Internal Trade Khaled Hanafi conferred Friday with secretary-general of the Egyptian European Association at the Ministry of International Cooperation Gamal Bayoumi on new domains of cooperation in the developmental fields and ....

  • Planning minister explains Egypt's future economic plan in Washington

    Planning minister explains Egypt's future economic plan in Washington

    Date: 2014-04-11 08:47:36 GMT - USA - Economy - SN:4 - ID:661961

    Visiting Egyptian Minister of Planning and International Cooperation Ashraf el-Arabi explained the challenges facing the Egyptian economy and the government steps about that. Restoring political stability is still the biggest challenge, said ....

  • Egyptian Exchange up during last week trading

    Egyptian Exchange up during last week trading

    Date: 2014-04-11 08:24:02 GMT - Egypt - Economy - SN:1 - ID:661911

    All indexes of the Egyptian Exchange (EGX) were up during the last week trading. During the course of the week, the benchmark EGX 30 index rose by 2.58 percent reaching 7,899 points, said a weekly report issued by the Egyptian Exchange, of which ....

  • Egypt bourse gains EGP 6.2bn, main index up 1.7 percent

    Egypt bourse gains EGP 6.2bn, main index up 1.7 percent

    Date: 2014-04-10 19:02:45 GMT - Egypt - Economy - SN:21 - ID:661474

    Egypt's Bourse (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 6.2 billion pounds, registering 469.5 billion pounds, ....

  • Misr Insurance's funds hit EGP 33 bn

    Misr Insurance's funds hit EGP 33 bn

    Date: 2014-04-10 13:15:50 GMT - Egypt - Economy - SN:20 - ID:660707

    The size of funds run by state-owned Misr Insurance Holding Company has reached EGP 33 billion, said company chairman Mohamed Youssef. Speaking to MENA in a video interview, Youssef said the company is contributing to eight banks and more than ....

  • Metro head signs contract for electrical cables replacement

    Metro head signs contract for electrical cables replacement

    Date: 2014-04-10 12:59:02 GMT - Egypt - Economy - SN:17 - ID:660671

    Head of the Egyptian Company for Metro Management and Operation Ali Fadali signed a cooperation protocol with El-Sewedy Electric company to replace and renovate electric cables in the second line of the Metro from Shoubra el-Khima to Mohamed Nagiub ....

  • 182-, 364-day T-bills auctioned

    182-, 364-day T-bills auctioned

    Date: 2014-04-10 12:25:37 GMT - Egypt - Economy - SN:14 - ID:660583

    The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 6 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 182-day T-bills. The average yield was 10.666%, it said, adding it accepted bids at ....

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