Economy

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  • EGP 290 bln targeted investments this year- minister

    EGP 290 bln targeted investments this year- minister

    Date: 2013-09-13 09:06:53 GMT - Egypt - Economy - SN:6 - ID:287236

    Minister of Planning and International Cooperation Ashraf el-Arabi said Thursday that the value of targeted investments this year hit EGP 290 billion. El-Arabi's made the remarks during his meeting with businessmen in Alexandria. The ....

  • Egypt bourse up for fifth session

    Egypt bourse up for fifth session

    Date: 2013-09-11 17:26:36 GMT - Egypt - Economy - SN:39 - ID:284937

    The Egyptian Exchange (EGX) indexes collectively rose at the close of trading on Wednesday with fears dispelled over a military strike against Syria. The market capital attained gains totaling 3.1 billion pounds to hit 3677 billion pounds from ....

  • Qatari deposit being converted into bonds – minister

    Qatari deposit being converted into bonds – minister

    Date: 2013-09-11 10:43:37 GMT - Egypt - Economy - SN:16 - ID:283985

    Egypt's Planning Minister Ashraf Arabi said on Wednesday that a $2-billion deposit of Qatar with the Central Bank of Egypt is being converted into bonds. Speaking during a meeting with members of the April 6 Movement, Arabi asserted that Doha ....

  • Egyptian GDRs in London show mixed performance

    Egyptian GDRs in London show mixed performance

    Date: 2013-09-10 19:31:57 GMT - United Kingdom - Economy - SN:60 - ID:283396

    The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance at the close of Tuesday's session. The GDRs of Orascom Telecom and the Commercial International Bank (CIB) rose by 0.68 percent and 2.77 ....

  • Egypt, Jordan discuss bilateral relations

    Egypt, Jordan discuss bilateral relations

    Date: 2013-09-10 18:15:33 GMT - Egypt - Economy - SN:54 - ID:283275

    Minister of Trade and Industry Mounir Fakhry Abdel-Nour held a meeting with Jordan's Ambassador to Egypt Bishr Khasawneh on boosting bilateral relations. During the meeting, the two sides tackled means of boosting economic and commercial ties ....

  • Planning minister meets 6th of April party representatives

    Planning minister meets 6th of April party representatives

    Date: 2013-09-10 18:09:15 GMT - Egypt - Economy - SN:52 - ID:283264

    Minister of Planning Ashraf el-Arabi met on Tuesday with some members of the 6th of April party, a party under establishment, within the framework of the government's ongoing meetings with youth revolutionary powers to engage them in the current ....

  • Egypt seeks lifting Japanese travel ban

    Egypt seeks lifting Japanese travel ban

    Date: 2013-09-10 17:00:20 GMT - Egypt - Economy - SN:44 - ID:283162

    Egypt is seeking to lift a travel ban imposed by the Japanese authorities after recent political events in the country. Within this framework, Egyptian Minister of Civil Aviation Abdel Aziz Fadel had talks with Japanese Ambassador here Toshiro ....

  • EGX gains EGP 7.7bn, index up 3.1%

    EGX gains EGP 7.7bn, index up 3.1%

    Date: 2013-09-10 16:55:58 GMT - Egypt - Economy - SN:42 - ID:283151

    The Egyptian Exchange (EGX) indexes collectively rose at the close of trading on Tuesday, prompted by purchases of investors whose fears about a possible US strike against Syria have been soothed. Market capital achieved gains worth 7.7 ....

  • 66 vessels transit Suez Canal

    66 vessels transit Suez Canal

    Date: 2013-09-10 15:50:35 GMT - Egypt - Economy - SN:34 - ID:282995

    As many as 66 ships transited the Suez Canal on Tuesday on both sides, carrying a total cargo of 3.6 million tons. The south-bound convoy included 39 ships, carrying about 2,1 tons, while the north-bound convoy included 27 vessels carrying ....

  • EGP 188.5 million allocated for meeting Sinai needs - minister

    EGP 188.5 million allocated for meeting Sinai needs - minister

    Date: 2013-09-10 15:07:15 GMT - Egypt - Economy - SN:22 - ID:282880

    A sum of 188.5 million pounds was allocated for securing emergency needs of North and South Sinai governorates, Minister of Local Development Adel Labib said. In press statements Tuesday, he said 100 million pounds will go for North Sinai to ....

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