Economy

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  • Category : Economy
  • Agriculture minister: Marketing of reclamation project of second 1mn feddans starts

    Agriculture minister: Marketing of reclamation project of second 1mn feddans starts

    Date: 2015-03-16 08:51:49 GMT - Egypt - Economy - SN:5 - ID:2173933

    Minister of Agriculture and Land Reclamation Salah Hilal said the ministry has started marketing the second one-million feddans as part of a national larger scheme to reclaim a total of four million feddans of land announced by President Abdel ....

  • Al Ahly Co. for Land Reclamation & Cultivation to reclaim 10,000 feddans in Farafra

    Al Ahly Co. for Land Reclamation & Cultivation to reclaim 10,000 feddans in Farafra

    Date: 2015-03-16 08:15:49 GMT - Egypt - Economy - SN:3 - ID:2173649

    Al Ahly Co. for Land Reclamation & Cultivation will be reclaiming 10,000 feddans in Farafra area at a total cost of 200 million pounds, said Hisham Okasha, board chairman of the National Bank of Egypt, Monday. The project will be implemented in ....

  • BP plans to pump more investments in Egypt's oil, gas sector

    BP plans to pump more investments in Egypt's oil, gas sector

    Date: 2015-03-15 11:58:16 GMT - Egypt - Economy - SN:39 - ID:2168121

    British Petroleum (BP) CEO Bob Dudley stressed that the company plans to pump more investments in the gas and petroleum sector in Egypt within the coming period. Dudley, during a meeting with Prime Minister Ibrahim Mahlab, referred to the ....

  • 58 ships transit Suez Canal

    58 ships transit Suez Canal

    Date: 2015-03-15 10:58:21 GMT - Egypt - Economy - SN:32 - ID:2167525

    Fifty-eight ships transited the Suez Canal on Sunday, carrying a total cargo of around 3.39 million tons. The south-bound convoy included 42 vessels carrying about 2.35 million tons, while the north-bound convoy included 16 ships carrying around ....

  • Supply Minister lauds Beltone Financial's efforts in promoting Sharm conf. projects

    Supply Minister lauds Beltone Financial's efforts in promoting Sharm conf. projects

    Date: 2015-03-15 08:58:11 GMT - Egypt - Economy - SN:9 - ID:2166097

    Supply and Internal Trade Minister Khaled Hanfi lauded the efforts of Beltone Financial in promoting the economic projects that were floated during Egypt Economic Development Conference, currently in session here. He told MENA Sunday that the ....

  • EGX end week at mixed trading

    EGX end week at mixed trading

    Date: 2015-03-12 18:29:21 GMT - Egypt - Economy - SN:30 - ID:2149809

    The Egyptian Exchange (EGX) indices ended the week at mixed trading due to intensive share sales by Arab and Egyptian investors and purchase of foreign institutions and investment funds. The market capital lost 1.3 billion pounds to end trading ....

  • EGX listing committee approves requests of some companies ahead of EEDC

    EGX listing committee approves requests of some companies ahead of EEDC

    Date: 2015-03-11 12:40:17 GMT - Egypt - Economy - SN:22 - ID:2138909

    With the Egyptian Economic Development Conference (EEDC) just around the corner, the listing committee of the Egyptian Exchange (EGX) has been meeting to look into requests to list and increase capitals of a number of companies. For the first ....

  • CIB GDRs in London down

    CIB GDRs in London down

    Date: 2015-03-10 18:15:36 GMT - United Kingdom - Economy - SN:50 - ID:2133901

    The Egyptian global depository receipts (GDRs) of Commercial International Bank (CIB) traded on the London Stock Exchange went down while the other receipts remained unchanged at the close of Tuesday's session. The GDRs of the CIB dropped 0.57 ....

  • Fuel crisis 'feigned' to cause confusion before economic conf.: Minister

    Fuel crisis 'feigned' to cause confusion before economic conf.: Minister

    Date: 2015-03-10 18:06:02 GMT - Egypt - Economy - SN:49 - ID:2133865

    Petroleum Minister Sherif Ismael said on Tuesday that the current fuel crisis is fabricated and aimed at causing confusion before Sharm el Sheikh economic conference. Ismael's remarks came during a meeting of the ministerial economic committee ....

  • Qalaa Holdings to sponsor Egypt’s economic summit

    Qalaa Holdings to sponsor Egypt’s economic summit

    Date: 2015-03-10 17:37:49 GMT - Egypt - Economy - SN:45 - ID:2133641

    Qalaa Holdings will be a participant and sponsor in Egypt’s economic summit this week, the company said Tuesday. The Egypt Economic Development Conference (EEDC), under the theme of “Egypt the Future,” will take place on March 13-15 in the Red ....

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