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Economy
- Service : English
- Category : Economy
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Value of Egypt's exports decline by 0.8 pct in 2012 - CAPMAS
Date: 2014-03-31 11:23:24 GMT - Egypt - Economy - SN:54 - ID:641011
The value of Egypt's exports in 2012 hit 186.77 billion pounds against 188.35 billion pounds a year earlier, representing a 0.8 percent decline, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). In a statement ....
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Supply minister denies resuming rice exports
Date: 2014-03-31 10:54:20 GMT - Egypt - Economy - SN:48 - ID:640908
Supply Minister Khaled Hanafi denied on Monday allowing the resumption of rice exports at the current stage. He said he gave no statements in this regard, making clear that resuming or not rice exports is up to the cabinet to decide. Egypt ....
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EGX loses EGP 10.1bn, main index down by 3.4%
Date: 2014-03-31 10:51:05 GMT - Egypt - Economy - SN:47 - ID:640886
The Egyptian Exchange (EGX) indexes went down collectively due to intensive share sales by Egyptian institutions and investment funds. The market capital lost about 10.1 billion pounds to reach 471.5 billion. The main benchmark EGX 30 index ....
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190-million-dollar loan from EBRD to 2 power plants in Egypt
Date: 2014-03-31 09:46:08 GMT - Egypt - Economy - SN:38 - ID:640700
Egypt signed Monday a 190-million-dollar loan agreement with the European Bank for Reconstruction and Development (EBRD) to turn two power plants into combined cycle power stations, said Minister of Electricity and Renewable Energy Mohamed ....
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Egypt, New Zealand discuss setting up joint agricultural venture in Upper Egypt
Date: 2014-03-31 07:37:38 GMT - Egypt - Economy - SN:6 - ID:640312
Minister of Agriculture and Land Reclamation Ayman Farid Abu-Hadid met with New Zealand's ambassador to Egypt. They discussed a plan for setting up a joint agricultural venture in the Upper Egypt. They also discussed a possibility for sending ....
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WB offers grant for Lake Nasser silt assessment project
Date: 2014-03-30 16:54:52 GMT - Egypt - Economy - SN:48 - ID:639728
The World Bank offered a $2.7 million (nearly EGP 20 million) grant to a project to assess and follow up the silt movement at Lake Nasser/Nubia, said Water Resources and Irrigation Minister Mohamed Abdel-Motleb. In statements Sunday, Abdel-Motleb ....
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Agriculture minister meets 2 int'l experts in livestock wealth
Date: 2014-03-30 16:13:59 GMT - Egypt - Economy - SN:43 - ID:639631
Minister of Agriculture and Land Reclamation Ayman Farid Abu-Hadid met on Sunday with two international experts in livestock wealth to discuss the preparation of a new strategy for developing animal resources in Africa. The minister had talks ....
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91-, 273-day T-bills auctioned
Date: 2014-03-30 15:47:06 GMT - Egypt - Economy - SN:39 - ID:639581
The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 5 billion. In an online statement, the ministry said it sold EGP 2 billion of 91-day T-bills with an average yield of 10.372%, adding it accepted bids at rates ....
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Finance minister says no deal with IMF before elections
Date: 2014-03-30 15:08:25 GMT - Egypt - Economy - SN:35 - ID:639489
Finance Minister Hani Qadri said on Sunday that it is too early to speak about any agreement with the International Monetary Fund (IMF) before a president and parliament are elected. "If it became necessary, however, we can reach a deal to ....
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Bourse indexes lose 6.5 bln EGP
Date: 2014-03-30 09:59:00 GMT - Egypt - Economy - SN:19 - ID:638741
The Egyptian Exchange (EGX) lost 6.5 billion EGP affected by intensified share sales by Egyptian and Arab funds. The main benchmark EGX 30 index lost 2.02 percent reaching 8,084.81 points. The broader EGX 70 index of the leading small and ....
