Economy

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  • Egypt bourse loses EGP 2.7 billion

    Egypt bourse loses EGP 2.7 billion

    Date: 2013-11-27 15:15:28 GMT - Egypt - Economy - SN:23 - ID:410061

    The Egyptian Exchange (EGX) indexes went down for the fourth consecutive session Wednesday against the backdrop of the protest law, which is opposed by some revolutionary powers and the Shura council incidents which took place yesterday. The ....

  • Egypt will never give up one drop of its Nile water quota -- Minister

    Egypt will never give up one drop of its Nile water quota -- Minister

    Date: 2013-11-26 16:58:26 GMT - Egypt - Economy - SN:52 - ID:408355

    Minister of Irrigation and Water Resources Mohamed Abdel Motaleb said that Egypt will never give up one drop of its Nile water quota. The remark came during his meeting with leaders of the irrigation ministry in Daqahliya on the sidelines of a ....

  • Ministers of local development, health, planning meet in Qena to discuss Upper Egypt investment plan

    Ministers of local development, health, planning meet in Qena to discuss Upper Egypt investment plan

    Date: 2013-11-26 16:47:52 GMT - Egypt - Economy - SN:56 - ID:408392

    The ministers of local development, health and planning met Tuesday with the governors of Qena, Luxor and Sohag to discuss an urgent investment plan for Upper Egypt. Some 29.7 billion pounds have been allocated for the purpose, said Planning ....

  • Egypt receives offer to import Indian rice at competitive prices

    Egypt receives offer to import Indian rice at competitive prices

    Date: 2013-11-26 16:04:13 GMT - Egypt - Economy - SN:49 - ID:408291

    Egypt has received an offer to import Indian rice at competitive prices, this was unveiled at a meeting the minister of internal trade and supply had with a delegation of the Indian rice exporters association here on Tuesday. The Indian exporters ....

  • Beheira governor receives Greek businessmen delegation

    Beheira governor receives Greek businessmen delegation

    Date: 2013-11-26 15:52:17 GMT - Egypt - Economy - SN:47 - ID:408267

    Beheira Governor Mustafa Hadhoud received on Tuesday a delegation of Greek businessmen to discuss ways of enhancing cooperation in fish farming, waste recycling, water desalination, modern agricultural and irrigation systems and the development of ....

  • EGX loses EGP 4.8bn, index down by 1.75%

    EGX loses EGP 4.8bn, index down by 1.75%

    Date: 2013-11-26 14:55:06 GMT - Egypt - Economy - SN:39 - ID:408155

    The Egyptian Exchange lost some 4.8 billion pounds at the end of trading Tuesday on the back of profit-taking operations. The main benchmark EGX 30 index went down by 1.75 percent reaching 6,245.46 points. The broader EGX 70 index of the ....

  • Consumer confidence in economy rose 1.1 points among Egyptians in September

    Consumer confidence in economy rose 1.1 points among Egyptians in September

    Date: 2013-11-26 12:58:00 GMT - Egypt - Economy - SN:26 - ID:407901

    Egypt saw consumer confidence increase by 1.1 index points to 101.8 in September from 100.7 in August, according to a report by the Information and Decision Support Center (IDSC), a copy of which MENA received Tuesday. The report attributed the ....

  • 47 ships transit Suez Canal

    47 ships transit Suez Canal

    Date: 2013-11-26 12:20:38 GMT - Egypt - Economy - SN:20 - ID:407831

    Forty-seven ships transited the Suez Canal on Tuesday carrying a cargo of 1.215 million tons. The south-bound convoy included 21 ships carrying 592,000 tons, while the north-bound convoy comprised 26 vessels carrying 1.216 tonns. ....

  • Int'l cooperation minister signs agreement with AFD

    Int'l cooperation minister signs agreement with AFD

    Date: 2013-11-25 10:06:12 GMT - Egypt - Economy - SN:34 - ID:405579

    International Cooperation Minister Zeyad Bahaa el-Din and regional director of the Agence Française de Développement (AFD) Marie-Pierre Nicollet Monday sealed a deal to support small and medium-sized agricultural projects. Putting their ....

  • Minimum wages to benefit around 6 million employees -- PM

    Minimum wages to benefit around 6 million employees -- PM

    Date: 2013-11-25 07:53:01 GMT - Egypt - Economy - SN:6 - ID:405235

    Prime Minister Hazim Beblawi said on Sunday that a newly-approved minimum for wages will benefit around six million employees when it goes into effect by January. In statements to Al-Hayat television, Beblawi said the downgrading of diplomatic ....

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