Economy

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  • Finance minister receives ADB top officials

    Finance minister receives ADB top officials

    Date: 2016-02-09 13:26:35 GMT - Egypt - Economy - SN:4 - ID:4281365

    Finance Minister Hany Kadry Dimian received on Tuesday a delegation of executive directors of the African Development Bank (ADB), said the assistant finance minister for international relations. During the meeting, Dimian said the government will ....

  • 40 ships transit Suez Canal

    40 ships transit Suez Canal

    Date: 2016-02-09 12:03:09 GMT - Egypt - Economy - SN:2 - ID:4280365

    Forty ships transited the Suez Canal in both directions on Tuesday, carrying a total cargo of 2.5 million tons. The south-bound convoy included 18 vessels, carrying about 1.1 million tons, while the north-bound convoy included 22 ships, with 1.4 ....

  • Egypt bourse loses EGP 10.9bn, index down by 5.26 %

    Egypt bourse loses EGP 10.9bn, index down by 5.26 %

    Date: 2016-01-20 14:02:16 GMT - Egypt - Economy - SN:5 - ID:4154233

    The Egyptian Exchange (EGX) indices shut on Wednesday's session collectively down amid selling operations by institutions and local and foreign investment funds. The market capital lost about EGP 10.9 billion pounds to reach EGP 381.8 billion, ....

  • Egyptian min. arrives in Beijing to take part in AIIB opening ceremony

    Egyptian min. arrives in Beijing to take part in AIIB opening ceremony

    Date: 2016-01-15 15:42:55 GMT - China - Economy - SN:2 - ID:4120889

    International Cooperation Minister Sahar Nassr on Friday arrived in Beijing to take part the Asian Infrastructure Investment Bank (AIIB). During the several days' visit, the minister will meet with a number of Chinese officials on ways of ....

  • Tourism rate down by 37.8% in Nov.

    Tourism rate down by 37.8% in Nov.

    Date: 2016-01-11 12:05:01 GMT - Egypt - Economy - SN:10 - ID:4091549

    The number of tourists visiting Egypt declined in November by about 37.8% as the country received nearly 558,600 tourists against 898,200 in the same month last year, an official annual bulletin said. The tourists came mainly from Western Europe, ....

  • 53 ships transit Suez Canal

    53 ships transit Suez Canal

    Date: 2016-01-10 13:24:09 GMT - Egypt - Economy - SN:9 - ID:4085549

    Fifty-three ships transited the Suez Canal in both directions on Sunday, carrying a total cargo of 2.795 million tons. The south-bound convoy included 17 vessels, carrying about 1.023 million tons, while the north-bound convoy included 36 ships, ....

  • Finance Ministry to auction T-bills worth EGP 8.5bn on Wednesday, Thursday

    Finance Ministry to auction T-bills worth EGP 8.5bn on Wednesday, Thursday

    Date: 2016-01-05 18:27:41 GMT - Egypt - Economy - SN:12 - ID:4058041

    The Finance Ministry will auction T-bills on Wednesday and Thursday on the occasion of Christmas. The Ministry said on its website Tuesday that 182-day and 364-day T-bills will be auctioned at a total value of 8.5 billion pounds. ....

  • EGX gains EGP 2.1bn

    EGX gains EGP 2.1bn

    Date: 2016-01-05 14:27:59 GMT - Egypt - Economy - SN:8 - ID:4056289

    The Egyptian Exchange (EGX) gained 2.1 billion pounds at the end of Tuesday's trading after the government announced it would restructure public and business sector companies, many of which are listed on the EGX. The EGX 30 benchmark index went ....

  • 41 vessels transit Suez Canal

    41 vessels transit Suez Canal

    Date: 2016-01-05 13:01:29 GMT - Egypt - Economy - SN:6 - ID:4055461

    Forty-one ships transited the Suez Canal in both directions on Tuesday, carrying a total cargo of 2.445 million tons. The south-bound convoy included 23 vessels, carrying about 1.605 million tons, while the north-bound convoy included 18 ships, ....

  • Finance Ministry to auction T-bills worth EGP 281.750bn

    Finance Ministry to auction T-bills worth EGP 281.750bn

    Date: 2015-12-29 16:30:35 GMT - Egypt - Economy - SN:10 - ID:4017005

    The Finance Ministry intends to auction treasury bills at a total value of 281.750 billion pounds during the third quarter of the fiscal year 2015-2016. The ministry said Tuesday that 91-day, 182-day, 273-day and 364-day T-bills will be auctioned ....

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