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Economy
- Service : English
- Category : Economy
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EGX gains 3.3bln pounds; index jumps 1.3 percent
Date: 2014-01-22 15:30:14 GMT - Egypt - Economy - SN:62 - ID:514003
The Egyptian Exchange (EGX) gained 3.3 billion pounds at the end of trading Wednesday, brushing aside fears of possible unrest during celebrations of the anniversary of the January 25 Revolution. Prompted by strong purchases by Arab and foreign ....
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Minister sacks supply office head over mistreatment of citizens
Date: 2014-01-22 12:00:27 GMT - Egypt - Economy - SN:44 - ID:513432
Supply Minister Ashraf Abu Shady sacked on Wednesday the director of Nasr City ration supply office over repeated complaints of his mistreatment of citizens. The citizens also complained that they did not get their state-subsidized ration share ....
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Egypt's cotton exports hit 17,827
Date: 2014-01-22 11:59:38 GMT - Egypt - Economy - SN:43 - ID:513431
Egyptian cotton exports since the start of the export season in September reached 17,827 tons, said head of the Cotton Exporters Association Mofreh el-Beltagy on Wednesday. Last week’s cotton exports reached 798.5 tons, Beltagy said. ....
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37 transit Suez Canal
Date: 2014-01-22 11:02:49 GMT - Egypt - Economy - SN:32 - ID:513279
Thirty-seven ships transited the Suez Canal on Wednesday, carrying a total cargo of 1.830 million tons. The south-bound convoy included 11 ships, carrying 513,000 tons, while the north-bound convoy included 26 vessels, carrying 1.317 million tons. ....
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New bill on encroachment on farmlands to be put for societal dialogue: minister
Date: 2014-01-21 18:27:53 GMT - Egypt - Economy - SN:61 - ID:512373
Agriculture Minister Ayman Farid Abu Hadid said that a draft law on encroachment on farmlands will be put for a societal dialogue before being presented to the upcoming parliament. The bill toughens penalties on cases of encroaching on the ....
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Electricity Minister: Contacts maintained with petroleum minister to meet electricity needs
Date: 2014-01-21 17:22:02 GMT - Egypt - Economy - SN:52 - ID:512274
Minister of Electricity Ahmed Emam said on Tuesday that contacts are maintained with the minister of petroleum for coordination between the two ministries to meet the electricity needs of the public. In statements to MENA after a meeting of the ....
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EGX gains EGP 2.2bn, index up 0.7%
Date: 2014-01-21 14:29:53 GMT - Egypt - Economy - SN:32 - ID:511918
The Egyptian Exchange (EGX) gained 2.2 billion pounds at the end of trading Tuesday prompted by Arab purchases and active trading of communications and real estate shares. The EGX 30 benchmark index went up by 0.7 percent to close at 7,086.8 ....
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Egypt economic group agrees on amendments to competition protection law
Date: 2014-01-21 14:20:55 GMT - Egypt - Economy - SN:31 - ID:511899
The economic ministerial group in Egypt has agreed to introduce essential amendments to the law on competition protection and monopoly prevention. The amendments should help upgrade market performance and achieve justice, Industry Minister Munir ....
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Industry minister decides to form committee to upgrade prosthetics industry
Date: 2014-01-21 14:00:17 GMT - Egypt - Economy - SN:29 - ID:511852
Industry Minister Munir Fakhri Abdel-Nour has decided to form a permanent technical committee whose job will be to upgrade the industry of prosthetic devices to meet international standards. The government is keen on providing necessary ....
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Bahaa Eddin: Italy asserted its support to Egypt in current phase
Date: 2014-01-21 12:25:19 GMT - Egypt - Economy - SN:19 - ID:511597
Deputy Prime Minister and Minister of International Cooperation Zeyad Bahaa Eddin on Tuesday said that relations between Egypt and Italy are distinguished. In press statements, he added that he held talks on Monday with visiting Secretary General ....
