Economy

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  • Category : Economy
  • EGX announces July 1 day off

    Date: 2015-06-29 09:31:31 GMT - Egypt - Economy - SN:24 - ID:2885189

    CAIRO, June 29 (MENA) - The Egyptian Exchange announced Wednesday, July 1 an official day off. Trading will resume on July 2, the EGX department said Monday. (MENA) M A E/D A E ....

  • Egypt's bourse indices down after top prosecutor's motorcade attack

    Date: 2015-06-29 09:29:20 GMT - Egypt - Economy - SN:22 - ID:2884965

    CAIRO, June 29 (MENA) - All Egyptian Exchange indices showed a downward trend on Monday promoted by random sell-outs by Egyptian investors following news that the motorcade of top prosecutor Hisharm Barakat was hit by a bomb blast in Cairo's ....

  • Egypt signs China-led development bank agreement

    Date: 2015-06-29 07:24:02 GMT - China - Economy - SN:11 - ID:2884297

    BEIJING, June 29 (MENA) - Egypt took part in the signing ceremony of an agreement on the establishment of the Asian Infrastructure Investment Bank (AIIB) that will group 57 states. Egyptian Ambassador here Magdi Amer represented Egypt in the ....

  • Ismailia governor, Chinese consul discuss boosting cooperation

    Date: 2015-06-28 13:05:46 GMT - Egypt - Economy - SN:70 - ID:2880673

    ISMAILIA, June 28 (MENA) – Ismailia Governor Yassin Taher discussed on Sunday with the new Chinese consul general in Alexandria investment and bilateral cooperation. This came during a meeting held between the Ismailia governor and the Chinese ....

  • EGP 7 billion treasury bills auctioned

    Date: 2015-06-28 12:38:29 GMT - Egypt - Economy - SN:64 - ID:2880681

    CAIRO, June 28 (MENA) - The Finance Ministry on Sunday auctioned treasury bills at a total value of EGP 7 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 91-day T-bills. The average yield was 11.960%, it said, adding ....

  • Egypt's bourse wins 3.5 billion pounds

    Date: 2015-06-28 12:01:48 GMT - Egypt - Economy - SN:57 - ID:2880549

    CAIRO, June 28 (MENA) - The Egyptian Exchange started this week trading with gains amounting to EGP 3.5 billion and its indexes were all up. The capital market climbed to EGP 489.6 billion. The benchmark index EGX 30 rose by 1.26 percent to ....

  • Mahlab orders AOI to contact technical education to set up solar energy school

    Date: 2015-06-28 10:37:36 GMT - Egypt - Economy - SN:42 - ID:2879073

    CAIRO, June 28 (MENA) - Prime Minister Ibrahim Mahlab ordered officials in the Arab Organization for Industrialization (AOI) to contact the technical education ministry to set up a school operating with solar energy and assess the possibility of ....

  • Mahlab opens production line of photovoltaic solar panels

    Date: 2015-06-28 10:03:46 GMT - Egypt - Economy - SN:31 - ID:2878757

    CAIRO, June 28 (MENA) – Prime Minister Ibrahim Mahlab inaugurated on Sunday a production line of photovoltaic solar panels at the headquarters of the Arab Renewable Energy Company (ARECO), a subsidiary of the Arab Organization for Industrialization ....

  • 5 ports reopened after improvement weather

    Date: 2015-06-28 09:29:39 GMT - Egypt - Economy - SN:26 - ID:2878401

    SUEZ, June 28 (MENA) - Spokesman for the Red Sea ports Abdel Rahim Moustafa said on Sunday that five ports had been reopened following hours of closure due to bad weather and dust storms. In press statements, he said navigation returned to normal ....

  • Minister: New system for fishing projects in Egypt

    Date: 2015-06-28 07:10:09 GMT - Egypt - Economy - SN:8 - ID:2877897

    CAIRO, June 28 (MENA) - Minister of Environment Khaled Fahmy said his ministry was following up the development of the country's fish farm projects upon the directives of President Abdel Fattah El Sisi. In statements to MENA, the minister said ....

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