Economy
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- Category : Economy
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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. ....
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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 ....
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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 ....
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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. ....
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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, ....
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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 ....
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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. ....
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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 ....
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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 ....
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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 ....