Economy

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  • 51 vessels transit Suez Canal

    51 vessels transit Suez Canal

    Date: 2013-11-04 12:20:01 GMT - Egypt - Economy - SN:51 - ID:370168

    Fifty-one ships transited the Suez Canal on Monday, carrying a total cargo of 2.389 million tons. The south-bound convoy included 26 ships, carrying 1.254 million tons, while the north-bound convoy included 25 ships, carrying 1.135 million tons. ....

  • Egypt's bourse gains EGP 200 mln at beginning of trading session

    Egypt's bourse gains EGP 200 mln at beginning of trading session

    Date: 2013-11-04 10:26:20 GMT - Egypt - Economy - SN:36 - ID:369854

    The Egyptian Exchange made gains at the beginning of the trading session on Monday backed by investor share purchases. The market capital achieved gains worth EGP 200 million to reach EGP 403.6 billion. The EGX 30 benchmark index rose 0.15 ....

  • Irrigation minister: Egypt keen on boosting cooperation with Sudan, Ethiopia to achieve sustainable development

    Irrigation minister: Egypt keen on boosting cooperation with Sudan, Ethiopia to achieve sustainable development

    Date: 2013-11-04 09:44:04 GMT - Sudan - Economy - SN:26 - ID:369722

    Water Resources and Irrigation Minister Mohamed Abdel-Muttalib said Egypt is keen on boosting cooperation with Nile Basin countries; Sudan and Ethiopia, with the view of achieving sustainable development for their nations. Egypt is not against ....

  • EGP 5.5bn T-bills auctioned

    EGP 5.5bn T-bills auctioned

    Date: 2013-11-03 17:00:11 GMT - Egypt - Economy - SN:54 - ID:368965

    The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 5.5 billion. In an online statement, the ministry said the average yield on the 91-day T-bills was 11.013%, adding it accepted bids at rates between 10.749% and ....

  • Egypt bourse gains EGP 1.01bn

    Egypt bourse gains EGP 1.01bn

    Date: 2013-11-03 15:26:21 GMT - Egypt - Economy - SN:49 - ID:368819

    The Egyptian Exchange made gains at the close of the week's first trading session ahead of the trial of ousted president Mohamed Morsi on Monday. The market capital achieved gains worth EGP 1.01 billion to reach EGP 403.3 billion. The EGX 30 ....

  • water resources minister due in Khartoum Monday for cooperation deal

    water resources minister due in Khartoum Monday for cooperation deal

    Date: 2013-11-03 12:55:21 GMT - Egypt - Economy - SN:35 - ID:368475

    Minister of Water Resources and Irrigation Mohamed Abdel-Moteleb will head Monday to Sudan on a two-day visit for talks with his Sudanese and Ethiopian counterparts on the Grand Ethiopian Renaissance Dam. The conferees will review a report of ....

  • Banks, bourse to work regularly Monday - sources

    Banks, bourse to work regularly Monday - sources

    Date: 2013-11-03 12:52:21 GMT - Egypt - Economy - SN:34 - ID:368467

    Sources at the Central Bank of Egypt and the Egyptian Exchange (EGX) said that the banks and bourse will work regularly on Monday and will not halt work under any circumstances because of the first trial session of deposed president Mohamed ....

  • Irrigation Ministry to dig 30 wells in Tanzania

    Irrigation Ministry to dig 30 wells in Tanzania

    Date: 2013-11-02 18:13:21 GMT - Egypt - Economy - SN:50 - ID:367388

    Minister of Water Resources and Irrigation Mohamed Abdel-Moteleb witnessed the signing of an agreement to dig 30 wells in Tanzania. The agreement, which will be financed through an Egyptian grant, will be implemented by the Irrigation Ministry ....

  • Egypt passes through difficult transitional phase - minister

    Egypt passes through difficult transitional phase - minister

    Date: 2013-11-02 14:37:53 GMT - Egypt - Economy - SN:34 - ID:367071

    Investment Minister Osama Saleh said Egypt is passing through a very difficult transitional phase, adding that the country faces internal and external challenges. These remarks came during a workshop made to mark the inauguration of "Bedaya" ....

  • 39 vessels transit Suez Canal

    39 vessels transit Suez Canal

    Date: 2013-11-02 12:33:50 GMT - Egypt - Economy - SN:33 - ID:366851

    Thirty-nine ships transited the Suez Canal on Saturday, carrying a total cargo of 1.889 million tons. The south-bound convoy included 22 ships, carrying 1.33 million tons, while the north-bound convoy included 17 ships, carrying 856,000 tons. ....

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