Economy

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  • Category : Economy
  • Egypt auctions T-bonds

    Egypt auctions T-bonds

    Date: 2016-06-13 14:09:27 GMT - Egypt - Economy - SN:7 - ID:5091417

    The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 4.75 billion. In an online statement, the ministry said it sold EGP 3 billion of 3-year, EGP 500 million of 7-year and EGP 1.25 billion of zero-coupon treasury ....

  • Agriculture min. to attend G20 meeting in China

    Agriculture min. to attend G20 meeting in China

    Date: 2016-05-31 13:29:35 GMT - Egypt - Economy - SN:8 - ID:5016393

    Agriculture Minister Essam Fayed left here on Tuesday heading for China to participate in a meeting that groups agriculture ministers of the G20. The G20 agriculture ministers meeting, running from June 2 to 4, is held under the title" ....

  • Agriculture Ministry: 4.7 million tons of wheat supplied so far

    Agriculture Ministry: 4.7 million tons of wheat supplied so far

    Date: 2016-05-25 09:20:42 GMT - Egypt - Economy - SN:4 - ID:4976701

    The Agriculture Ministry said the Principal Bank for Development and Agricultural Credit (PBDAC) and the Supply Ministry have received around 4,076,959 million tons of wheat from farmers in all governorates, so far. The bank's grain storage barns ....

  • GDP expected to hit 3.246 trillion in 2016/2017 budget - ministry

    GDP expected to hit 3.246 trillion in 2016/2017 budget - ministry

    Date: 2016-05-25 07:25:46 GMT - Egypt - Economy - SN:2 - ID:4976101

    The Finance Ministry expected that Egypt's Gross Domestic Product in fiscal 2016/2017 to hit 3.246 trillion pounds against the current 2.772 trillion in fiscal 2015/2016. The 2016/2017 budget seeks to achieve a 5.2 percent growth rate to rise up ....

  • 43 ships transit Suez Canal

    43 ships transit Suez Canal

    Date: 2016-05-23 13:28:12 GMT - Egypt - Economy - SN:10 - ID:4965481

    Forty-three ships transited the Suez Canal on Monday, with a total cargo of 2.7 million tons. The south-bound convoy included 25 vessels carrying 1.5 million tons, while the north-bound convoy included 18 ships carrying 1.2 million tons, ....

  • CBE offers $120m for sale at Tuesday auction

    CBE offers $120m for sale at Tuesday auction

    Date: 2016-05-17 15:05:07 GMT - Egypt - Economy - SN:9 - ID:4927229

    The Central Bank of Egypt (CBE) offered $120 million to banks during an auction Tuesday. Banking sources said today's auction was allocated only to fulfill the needs of importers of important medical products. Tuesday's auction is of the same ....

  • EGX gains EGP 4.4bn, index up 1.9 pct

    EGX gains EGP 4.4bn, index up 1.9 pct

    Date: 2016-05-17 14:15:16 GMT - Egypt - Economy - SN:8 - ID:4926685

    The Egyptian Exchange (EGX) indexes made gains at the end of Tuesday's trading backed by share purchase operations by local, Arab and foreign investment institutions and funds. The market capital gained about EGP 4.47 billion after transactions ....

  • 49 ships transit Suez Canal

    49 ships transit Suez Canal

    Date: 2016-05-16 11:20:31 GMT - Egypt - Economy - SN:9 - ID:4918085

    Forty-nine ships transited the Suez Canal on Monday, with a total cargo of 2.5 million tons. The south-bound convoy included 23 vessels carrying 1.1 million tons, while the north-bound convoy included 26 ships carrying 1.4 million tons, according ....

  • 42 ships transit Suez Canal

    42 ships transit Suez Canal

    Date: 2016-05-15 12:20:25 GMT - Egypt - Economy - SN:10 - ID:4911873

    Forty two ships transited the Suez Canal on Sunday, with a total cargo of 2.5 million tons. The south-bound convoy included 18 vessels carrying 1.2 million tons, while the north-bound convoy included 24 ships carrying 1.3 million tons, according ....

  • EGX named vice-chairman of WFE sustainability group

    EGX named vice-chairman of WFE sustainability group

    Date: 2016-05-11 11:47:27 GMT - Egypt - Economy - SN:8 - ID:4886833

    Egypt has won the deputy chairman seat on the Sustainability Working Group (SWG) of the World Federation of Exchanges (WFE) for two years as of May 16. Awarding Egypt the seat underscores the international appreciation for Egypt's efforts with ....

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