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Economy
- Service : English
- Category : Economy
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45 ships transit Suez Canal
Date: 2014-03-25 12:50:53 GMT - Egypt - Economy - SN:26 - ID:629787
Forty-five vessels transited the Suez Canal on Tuesday, carrying a total cargo of 2.377 million tons. The south-bound convoy included 20 ships carrying 954.000 tons, while the north-bound convoy included 25 vessels carrying a cargo of 1.423 ....
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Nile River water level drops
Date: 2014-03-25 12:05:34 GMT - Egypt - Economy - SN:17 - ID:629658
The Nile River water level dropped Tuesday, recording 175.38 meters, one centimeter less than yesterday. Water released from the Aswan Dam reached 140 million cubic meters and the amount of water coming freshly to Lake Nasser reached 88 million ....
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Egyptian GDRs in London in mixed performance
Date: 2014-03-24 18:16:56 GMT - United Kingdom - Economy - SN:85 - ID:628416
The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance on Monday. The GDRs of the Commercial International Bank (CIB) and EFG-Hermes went up by 0.38, 4.41 percent respectively. The GDRs ....
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Egypt bourse shows mixed performance
Date: 2014-03-24 15:23:31 GMT - Egypt - Economy - SN:64 - ID:628131
The Egyptian Exchange (EGX) showed mixed performance on Monday, prompted by expectations regarding the highly-anticipated beginning of the presidential candidacy registration process. The market capital reached EGP 491.9 billion after ....
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PM urges restructuring public sector companies
Date: 2014-03-24 12:23:55 GMT - Egypt - Economy - SN:55 - ID:627661
Prime Minister Ibrahim Mahlab asserted on Monday the importance of restructuring the public sector companies. In press statements, Mahlab said that resolving the problems of these firms and making best use of their capabilities will help in ....
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Egypt's trade balance down by 21.4% in December - CAPMAS
Date: 2014-03-24 11:48:50 GMT - Egypt - Economy - SN:48 - ID:627530
Egypt's trade balance went down by 21.4 percent in December to hit 18.04 billion pounds against 22.95 billion pounds in the corresponding period of 2012 said the Central Agency for Public Mobilization and Statistics (CAPMAS). In a monthly ....
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Supply Ministry to apply new measures to buy wheat from farmers
Date: 2014-03-24 11:40:31 GMT - Egypt - Economy - SN:45 - ID:627496
New measures to buy wheat from local farmers will be applied as of mid April, Supply Minister Khaled Hanafi said Monday. Wheat will be packed in sacks that should be obtained from parties concerned to maintain the quality of crops, Hanafi ....
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Banque Du Caire secures funds needed by Misr Petroleum, COOP
Date: 2014-03-24 11:35:43 GMT - Egypt - Economy - SN:43 - ID:627473
Banque Du Caire has managed funds for Misr Petroleum Company and the Petroleum Cooperative Society Co. (COOP) to buy raw materials and oil derivatives. Misr Petroleum and COOP will re-sell and distribute the products to gas stations. The bank ....
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Egypt signs agreement with Arab fund to finance power plant establishment
Date: 2014-03-24 11:33:43 GMT - Egypt - Economy - SN:42 - ID:627467
Electricity and Energy Minister Mohamed Shaker witnessed on Monday the signing of a loan agreement with the Arab Fund for Economic and Social Development to contribute to establishing a 650-megawatt-steam power plant. The project is part of the ....
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Supply minister, US diplomat confer on upgrading commercial register
Date: 2014-03-24 09:59:54 GMT - Egypt - Economy - SN:37 - ID:627194
Supply Minister Khaled Hanafi held talks Monday with the US regional commercial adviser on upgrading the commercial register in Egypt. They discussed setting up a digital archive to support the internal trade system, the Supply Ministry said in a ....
