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Economy
- Service : English General
- Category : Economy
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Industrial firms to pay for actual consumption of natural gas
Date: 2015-08-23 22:20:34 GMT - Egypt - Economy - SN:127 - ID:3211729
CAIRO, Aug 23 (MENA) - Prime Minister Ibrahim Mahlab issued a decision on having industrial firms pay for their actual consumption of natural gas as of January, 2011. The new decision annuls decision no.1,765 of 2015 in this regard. The ....
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PM forms steering council for Egyptian trade network
Date: 2015-08-23 20:17:29 GMT - Egypt - Economy - SN:117 - ID:3211589
CAIRO, Aug 23 (MENA) - Prime Minister Ibrahim Mahlab issued a decision to form a steering council for the Egyptian trade network. The council will be chaired by the minister of trade, industry and small and medium-sized enterprises. It will ....
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Damietta Port receives 11 vessels
Date: 2015-08-23 16:10:26 GMT - Egypt - Economy - SN:92 - ID:3210669
DAMIETTA, Egypt, Aug 23 (MENA) - Damietta Port on Sunday received eleven vessels including four container ships and seven cargo ships, spokesperson for Damietta Port Authority Mamdouh el Sheity said. Six ships left the port including two container ....
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Investment minister attends 2nd preparatory meeting for Upper Egypt's investment conference
Date: 2015-08-23 15:30:07 GMT - Egypt - Economy - SN:83 - ID:3209789
CAIRO, Aug 23 (MENA) - Investment Minister Ashraf Salman on Sunday took part in the second preparatory conference for investment and development in Upper Egyptian governorates. The meeting was also attended by Local Development Minister Adel ....
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Bourse loses EGP 15.4 bn
Date: 2015-08-23 15:20:53 GMT - Egypt - Economy - SN:79 - ID:3209237
CAIRO, Aug 23 (MENA) - The Egyptian Exchange (EGX) indexes were all down at the close of trading on Sunday pushed by share sales by Arab and foreign institutions and investment funds. The slip was caused by international sharp downward waves ....
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Bourse loses EGP 112bn in six months
Date: 2015-08-23 14:09:08 GMT - Egypt - Economy - SN:69 - ID:3209489
CAIRO, Aug 23 (MENA) - The Egyptian Exchange (EGX) indexes incurred losses totaling 112 billion pounds from February until August. The market capital went down from 540.6 billion pounds in February 2015 to 428.6 billion pound at today's session, ....
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91-, 273-day T-bills auctioned
Date: 2015-08-23 13:57:51 GMT - Egypt - Economy - SN:63 - ID:3209109
CAIRO, Aug 23 (MENA) - The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 7.5 billion. In an online statement, the ministry said it sold EGP 3 billion of 91-day T-bills with an average yield of 11.159%, adding it ....
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79 shares in EGX record its lowest level in year - financial expert
Date: 2015-08-23 12:27:31 GMT - Egypt - Economy - SN:42 - ID:3208309
CAIRO, Aug 23 (MENA) - The wave of sharp decline which was witnessed by the Egyptian Exchange drove more than 79 shares to record its lowest level in year, said financial analyst Ibrahim Hosny. Most of these shares are from blue chip stocks, he ....
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Bourse suspends trading on 85 stocks after exceeding allowable drop level
Date: 2015-08-23 11:16:53 GMT - Egypt - Economy - SN:31 - ID:3207817
CAIRO, Aug 23 (MENA) – The Egyptian Exchange had to suspend the trading of 85 stocks for half an hour after they fell by more than the 10 percent, which is more than the maximum drop level allowed in a single session. In exclusive statements to ....
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Egyptian bourse loses 14 billion pounds in midday trading
Date: 2015-08-23 10:35:22 GMT - Egypt - Economy - SN:28 - ID:3207645
CAIRO, Aug 23 (MENA) – The Egyptian Exchange continued on Sunday with losses in midday trading amounting to EGP 14 billion. The capital market decreased to EGP 430 billion. EGX 30 index went down by 5.12 percent to 6805,18 points. The ....
