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Economy
- Service : English
- Category : Economy
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Government to complete economic plan, double its value: minister
Date: 2014-03-11 14:21:52 GMT - Egypt - Economy - SN:37 - ID:603434
Trade, Industry and Investment Minister Monir Fakhry Abd el-Nour said that new government hs laid out an ambitious policy to complete the economic stimulation plan launched in November. He noted that the plan's value had been doubled to EGP 60 ....
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Agriculture Minister urges following up situation after torrential rains
Date: 2014-03-11 12:40:38 GMT - Egypt - Economy - SN:25 - ID:603139
Minister of Agriculture Ayman Abu Hadid on Tuesday urged ministry offices in Upper Egypt to follow up the situation in their cities on the backdrop of torrential rains that hit Egypt on Saturday. He urged all officials concerned to exert all ....
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41 ships transit Suez Canal
Date: 2014-03-11 12:25:53 GMT - Egypt - Economy - SN:23 - ID:603092
Forty-one ships transited the Suez Canal on Tuesday in two convoys carrying a cargo of around 1.324 million tons. The south-bound convoy comprised 22 ships carrying 1.024 million tons, while the north-bound convoy comprised 19 vessels carrying ....
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Egypt bourse gains EGP 1.8bln
Date: 2014-03-10 13:42:51 GMT - Egypt - Economy - SN:60 - ID:601299
The Egyptian Exchange (EGX) made profits at the close of trading on Monday due to strong purchases by Egyptian investors and Arab and foreign institutions. The market capital gained about 1.8 billion pounds to reach 491.46 billion pounds, amid ....
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Restoring confidence in economy "top priority" for govt - minister
Date: 2014-03-10 13:41:59 GMT - Egypt - Economy - SN:59 - ID:601293
Restoring confidence in the economic performance and increasing growth rates are on the top of the government's priorities at the current time, said Finance Minister Hani Demian. During his meeting with heads of tax officers throughout Egypt at ....
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43 vessels transit Suez Canal
Date: 2014-03-10 12:55:01 GMT - Egypt - Economy - SN:54 - ID:601149
Forty-three vessels passed through the Suez Canal on Monday, carrying a total cargo of 2.203 million tons. The south-bound convoy of 22 ships had a cargo of 1.48 million tons while the combined cargo of the 21 ships of the north-bound convoy ....
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Egypt auctions T-bonds
Date: 2014-03-10 12:48:31 GMT - Egypt - Economy - SN:53 - ID:601124
The Finance Ministry auctioned 2-year, 5-year and 10-year treasury bonds at a total value of 5 billion pounds on Monday. In an online statement, the ministry said it sold EGP 2 billion of 2-year treasury bonds (maturing on February 4, 2016) and ....
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Nile water level drops 2 cms
Date: 2014-03-10 11:55:55 GMT - Egypt - Economy - SN:47 - ID:600972
The Nile River water level dropped to 175.54 meters on Monday, two centimeters less than Sunday's reading, said the Irrigation and Water Resources Ministry. Water released from the High Dam today reached 145 million cubic meters. The released ....
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School students inaugurate EGX session
Date: 2014-03-10 11:48:50 GMT - Egypt - Economy - SN:45 - ID:600954
A number of school students inaugurated the trading session of the Egyptian Exchange Monday. Minister of Trade and Industry Munir Fakhri Abdel-Nour and Education Minister Mahmoud Abul-Nasr were also present. Students said they benefited a lot ....
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Supply Ministry to liberalize flour price, bread price to remain untouched
Date: 2014-03-10 09:08:31 GMT - Egypt - Economy - SN:24 - ID:600467
The Supply Ministry will act to liberalize flour price in the coming stage but assures citizens bread will be available at the same price. Bread is a red line, Supply Minister Khaled Hanafi told MENA Monday. The Ministry is aiming to put an ....
