Economy

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  • Aviation minister meets EgyptAir Ground Services company's employees

    Aviation minister meets EgyptAir Ground Services company's employees

    Date: 2013-07-29 12:15:52 GMT - Egypt - Economy - SN:19 - ID:220446

    Civil Aviation Minister Abdel-Aziz Fadel had a meeting on Monday with EgyptAir Ground Services Company's employees. During the meeting, the minister urged all employees to continue work till Egypt's national air carrier recovered from its ....

  • Wheat strategic reserve sufficient till December 15

    Wheat strategic reserve sufficient till December 15

    Date: 2013-07-29 11:34:21 GMT - Egypt - Economy - SN:16 - ID:220374

    The strategic reserve of wheat in Egypt is sufficient till December 15, said vice chairman of the General Authority for Supply Commodities (GASC) Mamdouh Abdel-Fatah. In statements to MENA, Abdel-Fatah said that so far, the total amount of ....

  • Egypt's bourse shows mixed performance

    Egypt's bourse shows mixed performance

    Date: 2013-07-28 17:04:15 GMT - Egypt - Economy - SN:28 - ID:219605

    The Egyptian Exchange (EGX) showed mixed performance at the close of the first trading session of the week on Sunday, affected by the clashes in the country, which left over 100 people dead and hundreds more injured. The market capital lost ....

  • Egypt stock indexes show mixed performance last week

    Egypt stock indexes show mixed performance last week

    Date: 2013-07-26 12:37:44 GMT - Egypt - Economy - SN:16 - ID:216454

    The Egyptian Exchange (EGX) made EGP 1.3 billion profits during last week's trading, making its capital hit EGP 357.4 billion. During the course of the week, the benchmark index EGX 30 went up 0.11 percent to 5,353 points, said a weekly ....

  • Investment minister voices confidence in Egyptian economy

    Investment minister voices confidence in Egyptian economy

    Date: 2013-07-25 10:11:10 GMT - Egypt - Economy - SN:4 - ID:214835

    Minister of Investment Osama Saleh has voiced confidence in the ability of the Egyptian economy to recover and encounter the challenges. The remarks were made during a meeting held Wednesday by the General Union of Chambers of Commerce in ....

  • 50 vessels transit Suez Canal

    50 vessels transit Suez Canal

    Date: 2013-07-24 18:11:38 GMT - Egypt - Economy - SN:41 - ID:214269

    Fifty ships transited the Suez Canal on Wednesday, carrying a total cargo of 2.255 million tons. The south-bound convoy included 21 ships, carrying 2.13 million tons, while the north-bound convoy included 29 ships, carrying 2.242 million tons. ....

  • Egypt bourse loses EGP 5.4 bn

    Egypt bourse loses EGP 5.4 bn

    Date: 2013-07-24 16:39:13 GMT - Egypt - Economy - SN:19 - ID:214119

    The Egyptian Exchange (EGX) incurred losses at the close of Wednesday's trading session amid concern over the troubled political situation in the country. The market capital lost about 5.4 billion pounds on Wednesday to hit 357.3 billion ....

  • Egypt denies blast hit gas pipeline with Jordan

    Egypt denies blast hit gas pipeline with Jordan

    Date: 2013-07-23 13:36:32 GMT - Egypt - Economy - SN:30 - ID:212453

    A senior petroleum official denied reports claiming a blast has hit a gas pipeline with Jordan in the Sinai peninsula for the second time in one month. "The gas pumping is still stopped since the pipeline was attacked in July 7," Taher Abdel ....

  • Trade minister extends current export support program for 3 months

    Trade minister extends current export support program for 3 months

    Date: 2013-07-23 12:46:32 GMT - Egypt - Economy - SN:26 - ID:212359

    Trade and Industry Minister Mounir Fakhri Abdel-Nour has decided to extend the current export support program for three months as of July 1. New mechanisms will be in place as of October 1, Abdel-Nour told an expanded meeting of the Egyptian ....

  • Bourse gains EGP 2 bn at beginning of trading

    Bourse gains EGP 2 bn at beginning of trading

    Date: 2013-07-22 12:37:05 GMT - Egypt - Economy - SN:31 - ID:210855

    The Egyptian Exchange (EGX) gained EGP 2 billion at the beginning of Monday trading amid intensive purchases by institutions and equities of leading shares. The market capital gained EGP 2 billion hit today to reach EGP 362.5 billion. The EGX ....

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