Economy

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  • Category : Economy
  • 58 vessels transit Suez Canal

    58 vessels transit Suez Canal

    Date: 2015-10-12 13:46:29 GMT - Egypt - Economy - SN:10 - ID:3517137

    Fifty-eight ships transited the Suez Canal in both directions on Monday, carrying a total cargo of 2.767 million tons. The south-bound convoy included 32 vessels, while the north-bound convoy included 26 ships. ....

  • Bourse to organize its 1st conference for sustainable development by October end

    Bourse to organize its 1st conference for sustainable development by October end

    Date: 2015-10-07 10:33:49 GMT - Egypt - Economy - SN:8 - ID:3483613

    The Egyptian Exchange will organize its first conference for sustainable development by the end of October with the participation of businessmen and local and foreign investors, the head of the bourse said Wednesday. The conference, to be opened ....

  • Finance Ministry auctions T-bills worth 7.25 billion pounds

    Finance Ministry auctions T-bills worth 7.25 billion pounds

    Date: 2015-10-05 12:23:17 GMT - Egypt - Economy - SN:9 - ID:3472045

    The Finance Ministry on Monday floated three-year, seven-year and zero-coupon treasury bonds worth EGP 7.25 billion. On its website, the ministry auctioned three-year T-bills at a value of three billion pounds. It also floated seven-year ....

  • Egypt bourse off Tuesday over October Victory

    Egypt bourse off Tuesday over October Victory

    Date: 2015-10-04 10:16:32 GMT - Egypt - Economy - SN:8 - ID:3464549

    The Egyptian Exchange will close on Tuesday to mark the 42nd anniversary of the Sixth of October war victory. Trading will resume on Wednesday, the bourse said in a statement. ....

  • Egypt to benefit from Italian expertise in industry

    Egypt to benefit from Italian expertise in industry

    Date: 2015-10-03 11:30:03 GMT - Egypt - Economy - SN:7 - ID:3459641

    Minister of Trade and Industry Tareq Qabil said that the ministry will benefit from the Italian expertise in the field of developing the local industry in the coming stage via establishing industrial complexes for manufacturing furniture, plastic, ....

  • EGX loses EGP 1.4bn

    EGX loses EGP 1.4bn

    Date: 2015-09-29 14:16:32 GMT - Egypt - Economy - SN:15 - ID:3436629

    The Egyptian Exchange (EGX) lost some 1.4 billion pounds at the close of trading on Tuesday pushed by sales of Egyptian and foreign investment funds and Arab investors. The main benchmark EGX 30 index went down by 1.05 percent reaching 7,331.53 ....

  • CBE in 37.8Mln dollars sale at EGP 7.73

    CBE in 37.8Mln dollars sale at EGP 7.73

    Date: 2015-09-29 13:06:24 GMT - Egypt - Economy - SN:12 - ID:3435829

    The Central Bank of Egypt (CBE) has sold USD 37.8 Million at 7.73 pounds rate Tuesday. Bankers said the exchange rate settled at 7.83 selling and 7.78 buying. ....

  • Finance Minister says fees of some services to be amended

    Finance Minister says fees of some services to be amended

    Date: 2015-09-29 13:03:06 GMT - Egypt - Economy - SN:11 - ID:3435773

    Finance Minister Hany Qadry Demian said Tuesday that amendments will be introduced to fees of a number of services that till now cost in piasters. Some of those fees date back to 1958, Demian said as he inaugurated a workshop on the second annual ....

  • Egyptian GDRs in London show mixed performance

    Egyptian GDRs in London show mixed performance

    Date: 2015-09-22 17:35:16 GMT - United Kingdom - Economy - SN:15 - ID:3402017

    The Egyptian global depository receipts (GDRs) traded on London Stock Exchange (LSE) showed mixed performance at the close of Tuesday's trading. The GDRs of Orascom Telecom rose by 5 percent to 0.63 dollars. The GDRs of Edita Food Industries ....

  • EGX gains EGP 2.3bn

    EGX gains EGP 2.3bn

    Date: 2015-09-22 13:05:20 GMT - Egypt - Economy - SN:10 - ID:3400205

    The Egyptian Exchange (EGX) gained about 2.3 billion pounds at the end of Tuesday's trading on the back of purchase operations by foreign investors. The EGX 30 benchmark index leapfrogged by 0.84 percent to close at 7,346.54 points. The ....

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