Economy

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  • Category : Economy
  • Zaazou: Milan bourse good chance for Italy flights to Luxor, Aswan

    Zaazou: Milan bourse good chance for Italy flights to Luxor, Aswan

    Date: 2014-02-16 16:27:43 GMT - Egypt - Economy - SN:73 - ID:558851

    Tourism Minister Hisham Zaazou said on Sunday his participation in the Milan bourse in Italy has offered a good chance to probe the possibility of operating direct flights from Italy to the Egyptian cities of Luxor and Aswan starting from September ....

  • Abdel-Nour: SMEs gov. top priority

    Abdel-Nour: SMEs gov. top priority

    Date: 2014-02-16 16:14:00 GMT - Egypt - Economy - SN:65 - ID:558808

    Minister of Trade and Industry Munir Fakhry Abdel-Nour has said the small- and medium-sized enterprises (SMEs) top priorities of the government in Egypt in the current stage. In statements after talks with Jiancarlo Aragona of the ....

  • Mixed performance at EGX

    Mixed performance at EGX

    Date: 2014-02-16 14:34:54 GMT - Egypt - Economy - SN:51 - ID:558596

    The Egyptian Exchange (EGX) showed mixed performance at the close of trading Sunday affected by increased anticipation of investors, who wait for clearer vision about the presidential election marathon. The market capital made limited losses ....

  • Investment minister urges more investments by holding companies

    Investment minister urges more investments by holding companies

    Date: 2014-02-16 13:58:28 GMT - Egypt - Economy - SN:46 - ID:558497

    Investment Minister Osama Saleh urged all holding companies of the public sector to pump and fund new investments to their affiliates to retain the available markets and open new ones. During meetings of the general assemblies of the public ....

  • 40 vessels transit Suez Canal

    40 vessels transit Suez Canal

    Date: 2014-02-16 13:43:34 GMT - Egypt - Economy - SN:45 - ID:558468

    Forty ships transited the Suez Canal in two convoys on Sunday carrying 1.857 million tons. The south-bound convoy comprised 19 vessels carrying shipments weighing 613,000 tons, while the north-bound convoy comprised 21 vessels carrying 1.244 ....

  • 91-, 273-day T-bills auctioned

    91-, 273-day T-bills auctioned

    Date: 2014-02-16 13:42:32 GMT - Egypt - Economy - SN:44 - ID:558464

    The Finance Ministry auctioned on Sunday treasury bills at a total value of 5 billion pounds. In an online statement, the ministry said it sold 2 billion pounds of 91-day T-bills. The average yield was 10.195%, it said, adding it accepted bids at ....

  • Nile River water level drops

    Nile River water level drops

    Date: 2014-02-16 12:45:01 GMT - Egypt - Economy - SN:38 - ID:558306

    The Nile River water level dropped to 175.78 meters on Sunday, one centimeter less than yesterday's reading, said the Irrigation and Water Resources Ministry. Water released from the High Dam today reached 140 million cubic meters. The ....

  • One million cases of agricultural land violations since Jan 2011: minister

    One million cases of agricultural land violations since Jan 2011: minister

    Date: 2014-02-14 15:00:08 GMT - Egypt - Economy - SN:17 - ID:555433

    Nearly one million cases of encroachments on agricultural land have been registered since January 2011, said Minister of Agriculture Ayman Abu Hadid. The remarks were made during an inspection visit to Sharqiya on Friday. Abu Hadid asked Interior ....

  • EGX main index up 2.22 percent last week

    EGX main index up 2.22 percent last week

    Date: 2014-02-14 10:22:24 GMT - Egypt - Economy - SN:4 - ID:554906

    The Egyptian Exchange (EGX) collectively rallied during last week's trading with the market capital hitting 470.65 billion pounds, amid purchases worth a total of six billion pounds. According to a weekly report by the bourse, a copy of which ....

  • 182-, 364-day T-bills auctioned

    182-, 364-day T-bills auctioned

    Date: 2014-02-13 14:51:07 GMT - Egypt - Economy - SN:21 - ID:553797

    The Finance Ministry auctioned on Thursday treasury bills at a total value of 5 billion pounds. In an online statement, the ministry said it sold 2.5 billion pounds of 182-day T-bills. The average yield was 10.589%, it said, adding it accepted ....

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