Economy

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  • Supply min. to give speech at Beirut economic forum

    Supply min. to give speech at Beirut economic forum

    Date: 2015-05-04 09:32:32 GMT - Egypt - Economy - SN:22 - ID:2513109

    Supply Minister Khaled Hanafy will deliver a speech at the 23rd Arab Economic Forum, which kicks off Tuesday in Beirut. Hanafy will attend the event on behalf of Prime Minister Ibrahim Mahlab and his delegation will include President of the ....

  • Finance Ministry offers T-bills at EGP 6.5 billion

    Finance Ministry offers T-bills at EGP 6.5 billion

    Date: 2015-05-03 15:43:44 GMT - Egypt - Economy - SN:51 - ID:2509573

    The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 6.5 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 91-day T-bills. The average yield was 11.280 percent, it said. As for the 273-day ....

  • Collective decline in Egypt bourse indices

    Collective decline in Egypt bourse indices

    Date: 2015-05-03 15:32:17 GMT - Egypt - Economy - SN:47 - ID:2509481

    The Egyptian Exchange (EGX) indices shut on Sunday's session collectively down over sales by local and foreign investment funds and institutions on the back drop of statements by the head of taxes authority, who said that there is no intention to ....

  • Finance minister denies giving statements to Anadolu

    Finance minister denies giving statements to Anadolu

    Date: 2015-05-03 15:24:44 GMT - Egypt - Economy - SN:43 - ID:2509433

    Finance Minister Hany Qadry denied on Sunday giving any press statements to Anadolu news Agency on the economic situation in Egypt. Such reports are baseless, he said. He further called on the Egyptian and foreign media outlets to seek ....

  • Finance Ministry offers T-bills at EGP 6.5 billion

    Finance Ministry offers T-bills at EGP 6.5 billion

    Date: 2015-05-03 12:34:17 GMT - Egypt - Economy - SN:38 - ID:2508065

    The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 6.5 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 91-day T-bills. The average yield was 11.280 percent, it said. As for the 273-day ....

  • 69 ships transit Suez Canal

    69 ships transit Suez Canal

    Date: 2015-05-03 11:58:53 GMT - Egypt - Economy - SN:36 - ID:2507781

    As many as 69 ships transited the Suez Canal on Sunday with a total cargo of 3.12 million tons. The south-bound convoy grouped 39 ships with a total cargo of 1.385 million tons. The north-bound convoy grouped 30 ships with a total cargo of ....

  • Egypt bourse denies hacking rumors

    Egypt bourse denies hacking rumors

    Date: 2015-05-03 08:52:56 GMT - Egypt - Economy - SN:11 - ID:2506109

    Egypt bourse administration denied on Sunday rumors that its trading systems were hacked, saying the news are totally void of truth. In a statement Sunday, it said the trading systems are highly protected and confidential. While going through ....

  • Egypt, Sudan border terminal to increase trade movement - minister

    Egypt, Sudan border terminal to increase trade movement - minister

    Date: 2015-05-02 11:36:18 GMT - Sudan - Economy - SN:10 - ID:2501729

    Egypt-Sudan border terminal of Qastal-Ashkit, which was officially opened on Thursday, will contribute to increasing trade movement and beefing up investments and tourism between the two countries, said Sudanese Trade Minister Osman Omar el Sherif. ....

  • PM follows up implementation of road network project

    PM follows up implementation of road network project

    Date: 2015-05-02 10:16:03 GMT - Egypt - Economy - SN:7 - ID:2500989

    Prime Minister Ibrahim Mahlab met with a number of his ministers on Friday night to discuss the implementation of the national road network project. Present in the meeting were the ministers of planning, petroleum, housing and transport. The ....

  • Establishing unified Arab bank requires strenuous efforts, says UAB head

    Establishing unified Arab bank requires strenuous efforts, says UAB head

    Date: 2015-04-28 17:08:41 GMT - Egypt - Economy - SN:57 - ID:2477713

    Establishing a unified Arab bank requires exerting strenuous efforts, Chairman of the Union of Arab Banks (UAB) Mohamed Barakat said on Tuesday. In statements to MENA, Barakat noted that there are plans to establish an Arab trade zone, citing ....

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