Economy

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  • Category : Economy
  • Abdel Nour: Contacts with EEU to sign free trade agreement

    Date: 2015-05-25 16:54:22 GMT - Egypt - Economy - SN:100 - ID:2662421

    CAIRO, May 25 (MENA) - Minister of Industry and Trade Mounir Fakhri Abdel Nour said coordination is underway with the Russian side to set a date for holding the tenth session of the Egyptian-Russian joint committee for trade and scientific research ....

  • Egypt auctions T-bonds

    Date: 2015-05-25 14:39:36 GMT - Egypt - Economy - SN:77 - ID:2661057

    CAIRO, May 25 (MENA) - The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 4.75 billion. In an online statement, the ministry said it sold EGP 3 billion of 5-year and EGP 1.75 billion of 10-year treasury bonds. A coupon ....

  • Bourse loses EGP 2.5 bn

    Date: 2015-05-25 14:33:59 GMT - Egypt - Economy - SN:72 - ID:2661009

    CAIRO, May 25 (MENA) - The Egyptian Exchange closed Monday with losses amounting to EGP 2.5 billion and its indexes were all down. The capital market hit EGP 506.08 billion after transactions reached EGP 1.2 billion. The benchmark index EGX 30 ....

  • EGP 200 million to be allocated for boosting industrial areas in Upper Egypt - PM

    Date: 2015-05-25 11:40:48 GMT - Egypt - Economy - SN:55 - ID:2659377

    CAIRO, May 25 (MENA) - Prime Minister Ibrahim Mahlab stressed on Monday that 200 million pounds will be allocated in the new State budget to boosting industrial areas in Upper Egypt. Mahlab, speaking during a meeting with representatives of ....

  • Mahlab meets with Italian economy minister

    Date: 2015-05-25 11:20:09 GMT - Egypt - Economy - SN:47 - ID:2659685

    CAIRO, May 245 (MENA) - Prime Minister Ibrahim Mahlab conferred on Monday with Italian Minister of Economic Development Federica Guidi on means of bolstering mutual cooperation in the economic, trade and investment sectors in the presence of ....

  • Global-PRNewswire (1): JA Solar and Essel Infraprojects Limited Sign MOU on 500MW PV Joint Venture

    Date: 2015-05-25 11:18:05 GMT - China - Economy - SN:46 - ID:2659973

    SHANGHAI, May 25, 2015 /PRNewswire/MENA -- JA Solar Holdings Co., Ltd. (Nasdaq: JASO) ("JA Solar"), one of the world's largest manufacturers of high-performance solar power products, today announced that it has signed a Memorandum of Understanding ....

  • GAFI chief arrives in Lebanon to take part in Sino-Arab businessmen forum

    Date: 2015-05-25 10:42:16 GMT - Lebanon - Economy - SN:42 - ID:2659153

    BEIRUT, May 25 (MENA) - Egypt's General Authority for Investment and Free Zones (GAFI) Chairman Hassan Fahmy arrived here on Monday to take part in the Arab-Sino Businessmen Forum, due to kick off on Tuesday. In statements to MENA, Fahmy asserted ....

  • Consortium of Russian companies seeking to establish silos, mills, logistics centers in Egypt

    Date: 2015-05-25 10:36:29 GMT - Egypt - Economy - SN:41 - ID:2659269

    CAIRO, May 25 (MENA) - Supply Minister Khaled Hanafy conferred Monday with a consortium of giant Russian companies seeking to establish silos to store wheat and grains. The consortium also wants to establish logistics centers to store grains, ....

  • Egyptian, Russian businesspersons to probe projects

    Date: 2015-05-25 10:33:40 GMT - Russia - Economy - SN:39 - ID:2659245

    MOSCOW, May 25 (MENA) – Russian Commercial Attaché to Egypt Fedor Lukashin said Monday the Egyptian side of the Russian-Egyptian Business Council has proposed investments worth $135 billion in 120 projects as the council convenes today in ....

  • CAPMAS: 94.3% increase in Egyptian cotton exports during 2nd quarter of season

    Date: 2015-05-25 09:41:31 GMT - Egypt - Economy - SN:29 - ID:2658837

    CAIRO, May 25 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) stated Monday that Egyptian cotton exports during the second quarter of the agricultural season of 2014-2015 totaled 246,000 metric quintals compared to ....

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