Economy

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  • Category : Economy
  • Industry minister proposes developing regulatory statute of waste management body

    Industry minister proposes developing regulatory statute of waste management body

    Date: 2015-02-23 11:42:11 GMT - Egypt - Economy - SN:21 - ID:2024165

    Minister of Industry and Foreign Trade Mounir Fakhry Abdel Nour on Monday said a meeting, of the technical secretariat of a ministerial committee assigned with discussing alternatives to develop the regulatory statute of a waste management body, ....

  • Economic summit to be launch pad for new chapter in national economy - CEO of EFG Hermes

    Economic summit to be launch pad for new chapter in national economy - CEO of EFG Hermes

    Date: 2015-02-23 10:35:17 GMT - Egypt - Economy - SN:26 - ID:2024597

    The economic summit which will be held in Sharm el Sheikh mid March will be a launch pad for a new chapter in Egypt's economy, said CEO of EFG Hermes Group Karim Awad. In statements to MENA, the CEO of one of the most leading investment banks in ....

  • Orange buys-out Orascom’s participation and rights in Mobinil (ECMS)

    Orange buys-out Orascom’s participation and rights in Mobinil (ECMS)

    Date: 2015-02-23 09:47:27 GMT - Egypt - Economy - SN:18 - ID:2024073

    Orange and Orascom Telecom Media and Technology (OTMT) have agreed that Orange will purchase all the shares and voting rights held directly or indirectly by OTMT in the Egyptian Company for Mobile Services (ECMS). ECMS is a company listed on the ....

  • Big bids at EGX to lure investors -- Official

    Big bids at EGX to lure investors -- Official

    Date: 2015-02-23 09:38:04 GMT - Egypt - Economy - SN:16 - ID:2023945

    After years of lame offers, the Egyptian Exchange (EGX) is finally getting big bids that will sure lure more local, Arab and foreign investments, the CEO of EFG Hermes has said. The Arabian Cement Company (ACC) made the first big bid mid 2014, ....

  • World's biggest cargo ship crosses Suez Canal

    World's biggest cargo ship crosses Suez Canal

    Date: 2015-02-23 07:57:59 GMT - Egypt - Economy - SN:10 - ID:2023209

    The world's biggest cargo ship transited the Suez Canal Monday, coming from Indonesia en route to the Port of Rotterdam in the Netherlands. The container ship was hoisting the flag of Panama, a source with the Suez Canal Authority told ....

  • Egypt trade minister attends opening of int'l agricultural show in Paris

    Egypt trade minister attends opening of int'l agricultural show in Paris

    Date: 2015-02-21 12:29:20 GMT - France - Economy - SN:36 - ID:2012617

    Egypt's Trade and Industry Minister Mounir Fakhry Abdel Nour took part in the opening of the 52nd International Agricultural Show in Paris on Saturday. French President Francois Hollande attended the conference along with a strong media ....

  • Collective decline in Egypt bourse indices

    Collective decline in Egypt bourse indices

    Date: 2015-02-19 15:43:17 GMT - Egypt - Economy - SN:25 - ID:2002097

    The Egyptian Exchange (EGX) indices shut on Thursday's session collectively down over intensive sales by investment funds. The market capital reached 515.5 billion pounds, with annual losses estimated at 15.2 billion pounds. The main ....

  • Egypt bourse gains EGP 3.9bn, index up 1.1 pct

    Egypt bourse gains EGP 3.9bn, index up 1.1 pct

    Date: 2015-02-18 15:05:40 GMT - Egypt - Economy - SN:38 - ID:1994441

    The Egyptian Exchange (EGX) rebounded at the close of Wednesday's trading, backed by purchases of Arab and foreign investors. The market capital achieved gains worth about 3.9 billion pounds to reach 521 billion pounds, after transactions hit ....

  • EGX loses EGP 6.5bn

    EGX loses EGP 6.5bn

    Date: 2015-02-17 15:35:30 GMT - Egypt - Economy - SN:76 - ID:1987053

    The Egyptian Exchange (EGX) lost some 6.5 billion pounds at the end of Tuesday's trading on the back of collective sales operations by Egyptian investment funds and Arab individuals. The EGX 30 benchmark index dropped by 1.59 percent to close at ....

  • 38 ships transit Suez Canal

    38 ships transit Suez Canal

    Date: 2015-02-17 12:19:56 GMT - Egypt - Economy - SN:40 - ID:1984953

    Thirty-eight ships carrying around 1.8 million tons transited the Suez Canal in two convoys on Monday. The south-bound convoy carried 792,000 tons, while the north-bound convoy carried 1.051 million tons. ....

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