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Economy
- Service : English
- Category : Economy
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Bourse gains EGP 1bn, main index up 0.43% last week
Date: 2013-08-02 12:57:48 GMT - Egypt - Economy - SN:5 - ID:225974
The Egyptian Exchange (EGX) gained one billion pounds during last week's tradings, according to a weekly report a copy of which MENA received Friday. The EGX 30 benchmark index rose 0.43 percent to reach 5,376 points. The broader EGX 70 index ....
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Egypt bourse records collective rise, main index up 0. 96 pct
Date: 2013-08-01 17:54:01 GMT - Egypt - Economy - SN:25 - ID:225207
The Egyptian Exchange (EGX) indices closed Thursday's transactions with a rise, driven by investors' optimism over the end of the current crisis. The market capital gained about 1.4 billion pounds to hit 358.3 billion pounds. The EGX 30 ....
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Higher Administrative Court upholds ruling on annulling sale of Omar Effendi
Date: 2013-08-01 17:51:21 GMT - Egypt - Economy - SN:24 - ID:225203
The State's Council's Higher Administrative Court upheld the Administrtaive Justice Court's ruling to annul a sale contract of the iconic department store chain Omar Effendi, which was signed by the state and Saudi businessman Gamil Abdel Rahman ....
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182-, 357-day T-bills auctioned
Date: 2013-08-01 17:23:40 GMT - Egypt - Economy - SN:18 - ID:225150
The Finance Ministry auctioned on Thursday 182-day and 357-day treasury bills at a total value of 6.5 billion pounds. In an online statement, the ministry said the average yield on the 182-day T-bills was 12.935 %, adding it accepted bids at ....
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Industrial modernization center to be re-activated - minister
Date: 2013-07-31 18:05:40 GMT - Egypt - Economy - SN:27 - ID:223883
Industry and Foreign Trade Minister Fakhri Abdel Nour promised on Wednesday to re-activate the role of the Industrial Modernization Center (IMC) to develop the Egyptian industry and promote the competitive capabilities of many industrial sectors. ....
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45 vessels transit Suez Canal
Date: 2013-07-31 16:16:41 GMT - Egypt - Economy - SN:13 - ID:223732
Forty-five ships transited the Suez Canal on Wednesday, carrying a total cargo of 2.586 million tons. The south-bound convoy included 22 ships, carrying 1.415 million tons, while the north-bound convoy included 23 ships, carrying 1.171 million ....
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Petroleum sector gives priority in supplying gas to power plants - EGAS
Date: 2013-07-31 16:10:03 GMT - Egypt - Economy - SN:11 - ID:223715
The petroleum sector gives priority in supplying gas to the power plants followed by the industrial sector, especially the fertilizer factories, to provide the necessary energy to these vital areas, said the Egyptian Natural Gas Holding Company ....
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Egypt's tourism declining, minister warns
Date: 2013-07-31 10:58:29 GMT - Egypt - Economy - SN:2 - ID:223090
Tourism Minister Hisham Zazou warned that the tourism sector is declining, saying the situation is not good compared to previous rates. The minister, in an interview with an ON TV satellite channel program on Tuesday, said the bloody and violence ....
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Turkey suspends some agreements with Egypt
Date: 2013-07-30 13:18:51 GMT - Turkey - Economy - SN:25 - ID:221910
Turkey has decided to freeze a number of agreements with Egypt, Sabah newspaper reported on Tuesday. According to the newspaper, bilateral agreements in the fields of transport, education and health care have been frozen. In addition, ....
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Once order restored on street, tourism to hit high record - minister
Date: 2013-07-29 13:21:03 GMT - Egypt - Economy - SN:26 - ID:220588
Tourism Minister Hisham Zazou stressed that the growth rate of Egyptian tourism will hit high records once order was restored on streets. Zazou, speaking at a meeting by the Travel Writers Organization, said the number of tourists to Egypt ....
