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Economy
- Service : English
- Category : Economy
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Stock exchange chief urges govt not to implement capital gains tax
Date: 2015-04-06 13:09:50 GMT - Egypt - Economy - SN:21 - ID:2323409
Egypt's Stock Exchange Chairman Mohammad Omran on Monday called on the government to delay the implementation of the new law on capital gains tax. "The current situation shows that it would be hard for the law to come into effect," Omran said in ....
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Supply minister says Egypt not to import sugar
Date: 2015-04-06 09:56:01 GMT - Egypt - Economy - SN:11 - ID:2321577
Supply Minister Khaled Hanafi said Monday that he will act to remove all obstacles facing Egyptian sugar companies to be able to compete on the local and international markets. Hanafi touched upon action taken to protect national sugar firms ....
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Centrak Bank of Egypt sells $281 million in interbank market
Date: 2015-04-05 11:37:26 GMT - Egypt - Economy - SN:18 - ID:2316045
Egypt's central bank said on Sunday it sold 281 million dollars in the interbank market to meet demands for basic commodities. The bank holds dollar auctions on Sundays, Mondays, Wednesdays and Thursdays of every week. Over the past few days, ....
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72 vessels transit Suez Canal
Date: 2015-04-05 10:44:58 GMT - Egypt - Economy - SN:8 - ID:2315453
Seventy-two ships crossed the Suez Canal on Sunday, carrying a total cargo of 4,834 million tons. The south-bound convoy included 57 ships carrying 3,903 million tons, while the north-bound convoy included 15 vessels carrying 931,000 tons. ....
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Financial entanglements hit over EGP one trillion – min.
Date: 2015-04-03 10:43:32 GMT - Egypt - Economy - SN:5 - ID:2304373
The size of financial entanglements among the different state sectors has reached over one trillion pounds, Planning Minister Ashraf el Araby said. Among the involved sides are the National Organization for Social Insurance, Finance Ministry, ....
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Bourse indexes show mixed performance last week
Date: 2015-04-03 07:26:55 GMT - Egypt - Economy - SN:1 - ID:2303101
The Egyptian Exchange closed last week with gains amounting to EGP 9.4 billion and its indexes showed mixed performance. The capital market increased 1.9 percent to hit EGP 509.3 billion. During the course of the week, the benchmark index EGX ....
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Protocol signed between Supply Ministry, AADO
Date: 2015-03-31 17:26:00 GMT - Egypt - Economy - SN:73 - ID:2286905
A protocol for developing human resources at the Ministry of Supply was signed between the ministry and the Arab Administrative Development Organization (AADO). Signed by Supply Minister Khaled Hanafy, and head of the AADO, affiliated to the Arab ....
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EGX indexes show mixed performance
Date: 2015-03-31 14:41:06 GMT - Egypt - Economy - SN:55 - ID:2285521
The Egyptian Exchange (EGX) witnessed varied performance at the close of trading on Tuesday amid limited operations due to liquidity shortage. The benchmark index EGX 30 upped by 0.17 percent to 9,134.78 points. The broader EGX 70 index of the ....
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70 ships cross Suez Canal
Date: 2015-03-31 11:13:23 GMT - Egypt - Economy - SN:20 - ID:2283357
Seventy ships crossed the Suez Canal Tuesday, carrying a combined cargo of 3.9 million tons. The south-bound convoy included 46 ships carrying 2.572 tons, while the north-bound convoy included 24 ships carrying 1.159 tons. ....
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China welcomes Egypt's bid to join AIIB
Date: 2015-03-30 18:42:32 GMT - China - Economy - SN:56 - ID:2279545
China has welcomed Egypt's bid to join the Asian Infrastructure Investment Bank (AIIB) one day before a deadline to join the bank as a founding member. Egypt will become a founding member on April 14, should all existing members approve, ....
