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Economy
- Service : English
- Category : Economy
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EGX loses EGP 3.4bn
Date: 2013-11-13 14:40:23 GMT - Egypt - Economy - SN:25 - ID:385072
The Egyptian Exchange (EGX) indexes declined at the end of trading Wednesday amid marked selling operations by Arab investors fearful of the consequences of protests planned for November 19 following a court ruling to end the state of ....
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Cairo hosts Egyptian-Gulf investment forum on Dec 4
Date: 2013-11-12 18:42:49 GMT - Egypt - Economy - SN:71 - ID:383626
The Investment Ministry will host the "Gulf-Egyptian investment forum" on December 4 under the auspices of Prime Minister Hazem el-Beblawy. "The forum is a great opportunity to further boost joint cooperation between Egypt and the Gulf ....
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Arab Contractors signs contracts of 471 mln dollars to carry out projects in Nigeria
Date: 2013-11-12 18:09:23 GMT - Nigeria - Economy - SN:66 - ID:383566
Egypt's Arab Contractors firm in Nigeria has signed contracts worth 471 million dollars during 2013 to carry out projects in the country, managing director Osama Mostafa said. The 2013 contracts are the largest in the Arab Contractors Nigeria's ....
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Bourse loses 1.3bln pounds at closing
Date: 2013-11-12 16:50:50 GMT - Egypt - Economy - SN:55 - ID:383442
The Egyptian Exchange (EGX) witnessed a mixed performance on Tuesday amid marked selling by foreign investors and purchases by Arab individuals and investment funds. The air of uncertainty was caused by rumors on planned protests in front of the ....
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Supply Minister discusses establishment of 50 silos
Date: 2013-11-12 16:32:48 GMT - Egypt - Economy - SN:51 - ID:383408
Supply Minister Mohamed Abu-Shadi held a meeting on Tuesday with Magdy el-Zaghel, the representative of the royal international group for development and investment and his accompanying delegation on building silos for grain storage. Following ....
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51 vessels transit Suez Canal
Date: 2013-11-12 14:25:24 GMT - Egypt - Economy - SN:34 - ID:383122
Fifty-one ships transited the Suez Canal on Tuesday, carrying a total cargo of 2.753 million tons. The south-bound convoy included 26 ships, carrying 1.201 million tons, while the north-bound convoy included 25 ships, carrying 1.552 million tons. ....
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Egyptian-Italian green trade project to be launched
Date: 2013-11-12 14:19:31 GMT - Egypt - Economy - SN:33 - ID:383110
Trade and Industry Minister Mounir Fakhry Abdel-Nour revealed that a green trade project, devised within the framework of a debt swap program between Egypt and Italy, will be implemented at a value of EGP 54.9 million. The project aims to back ....
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Bourse not affected by demonstration calls- chief
Date: 2013-11-12 13:27:58 GMT - Egypt - Economy - SN:26 - ID:382986
Egyptian Exchange Chairman Mohamed Omran said trading in shares at the bourse Tuesday went on normally and was not affected by calls for demonstrations by some political movements outside the headquarters in downtown Cairo. Indexes showed sharp ....
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EGP 2.5bn allocation to road maintenance projects ending June 2014 - minister
Date: 2013-11-11 13:41:08 GMT - Egypt - Economy - SN:60 - ID:381319
Minister of Transport Ibrahim el-Demiri announced the allocation of 2.5 billion EGP for several road maintenance projects to take place over the coming few months until June 2014. The plan includes the ring road around Greater Cairo along 100 ....
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European tourism in Egypt rises 20% - minister
Date: 2013-11-11 12:28:33 GMT - Egypt - Economy - SN:48 - ID:381151
The European tourism movement to Egypt has risen recently by 20%, said Tourism Minister Hisham Zaazou. The situation in Egypt is quite fluctuating as the number of tourists visiting the country reached 9.8 million in 2011 and 11.12 million in ....
