Economy

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  • Category : Economy
  • Sudanese minister affirms strong trade ties between Sudan, Egypt

    Sudanese minister affirms strong trade ties between Sudan, Egypt

    Date: 2013-12-25 18:39:51 GMT - Sudan - Economy - SN:52 - ID:461665

    Sudanese Trade Minister Osman al-Sharif affirmed the strong trade ties binding his country and Egypt. He, meanwhile, underlined the need of overcoming all the obstacles facing exports and imports between the two countries. During his meeting ....

  • Egypt, UAE seek boosting economic cooperation

    Egypt, UAE seek boosting economic cooperation

    Date: 2013-12-25 17:59:03 GMT - Egypt - Economy - SN:51 - ID:461603

    Minister of Investment Osama Saleh on Wednesday received a delegation of a United Arab Emirates petro-products company and discussed more projects in Egypt. The two sides reviewed the current situation in Egypt and plans by the company to expand ....

  • EGX gains EGP 3.4bn

    EGX gains EGP 3.4bn

    Date: 2013-12-25 13:55:52 GMT - Egypt - Economy - SN:38 - ID:461158

    The Egyptian Exchange (EGX) gained 3.4 billion pounds at the close of trading Wednesday amid intensive purchase operations of leading shares by Arab investors. The EGX 30 main benchmark index upped by 1.4 percent, closing at 6,870.07 ....

  • EGX ignores Mansoura attack, gains EGP 5.3bn

    EGX ignores Mansoura attack, gains EGP 5.3bn

    Date: 2013-12-24 16:58:51 GMT - Egypt - Economy - SN:56 - ID:459642

    The Egyptian Exchange (EGX) gained 5.3 billion pounds at the close of trading Tuesday amid intensive purchase operations by foreign investors who paid little attention to consequences of the attack on the Mansoura police HQ earlier in the ....

  • Minister lays foundation stone of silo in Fayed

    Minister lays foundation stone of silo in Fayed

    Date: 2013-12-24 14:36:07 GMT - Egypt - Economy - SN:40 - ID:459362

    Supply Minister Mohamed Abu-Shadi Tuesday laid the foundation stone of a silo to be used for wheat storage. The silo will be established in Fanara village in Fayed over 14,400 meters and at a cost of 80 million pounds. The UAE and Saudi Arabia ....

  • Bourse indexes go down

    Bourse indexes go down

    Date: 2013-12-23 14:41:52 GMT - Egypt - Economy - SN:69 - ID:457439

    The Egyptian Exchange (EGX) indexes went down at the close of trading on Monday due to adjustments of the financial positions of investors, especially investment funds and institutions, before the end of the year. The market capital lost about ....

  • Irrigation Ministry launches awareness campaign on Nile water

    Irrigation Ministry launches awareness campaign on Nile water

    Date: 2013-12-23 14:36:46 GMT - Egypt - Economy - SN:66 - ID:457425

    The Ministry of Irrigation launched on Monday a national campaign that aims to raise awareness on water-related topics. Minister Mohamed Abdel-Motaleb said that the campaign aims at raising awareness among citizens on rationalizing water use and ....

  • Abu Hadid establishes follow-up unit to assess agro development projects

    Abu Hadid establishes follow-up unit to assess agro development projects

    Date: 2013-12-23 14:32:41 GMT - Egypt - Economy - SN:63 - ID:457416

    Minister of Agriculture and Land Reclamation Ayman Farid Abu Hadid ordered the establishment of a follow-up unit to assess the agricultural development policies and projects at the Agricultural Research Center. In a statement released on Monday, ....

  • AFESD approves providing 2 soft loans to fund Egypt-Saudi power grids

    AFESD approves providing 2 soft loans to fund Egypt-Saudi power grids

    Date: 2013-12-23 14:31:01 GMT - Egypt - Economy - SN:62 - ID:457411

    The board of directors of the Arab Fund for Economic and Social Development (AFESD) has approved providing two soft loans, worth 32 million dollars, to contribute to funding the agreement between Egypt and Saudi Arabia to link their electricity ....

  • AfDB says Egypt made progress in good governance, investment climate

    AfDB says Egypt made progress in good governance, investment climate

    Date: 2013-12-23 11:35:05 GMT - Egypt - Economy - SN:42 - ID:456953

    Egypt has made progress in terms of good governance and investment climate, says Ali Abu-Sabaa, Vice President of the African Development Bank (AfDB). He still stressed that more efforts and reforms are needed. Egypt has been contributing to ....

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