Economy

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  • Category : Economy
  • 50 vessels transit Suez Canal

    Date: 2014-08-17 13:14:03 GMT - Egypt - Economy - SN:71 - ID:877907

    ISMAILIA, Aug 17 (MENA) - Fifty ships transited the Suez Canal on Sunday, carrying a total cargo of 2.443 million tons. The south-bound convoy included 26 ships, carrying 1.204 million tons, while the north-bound convoy included 24 ships, ....

  • 91-, 266-day T-bills auctioned

    Date: 2014-08-17 13:09:17 GMT - Egypt - Economy - SN:69 - ID:877990

    CAIRO, August 17 (MENA) - The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 5.5 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 91-day T-bills with an average yield of 11.558%, adding it ....

  • Speculative companies excluded from Egyptian Exchange – chairman

    Date: 2014-08-16 07:52:55 GMT - Egypt - Economy - SN:13 - ID:876093

    CAIRO, Aug 16 (MENA) – Chairman of the Egyptian Exchange Mohamed Omran said he will not allow the enlistment of companies that could distort the reputation of EGX. EGX has been receiving subscription requests from companies that have no actual ....

  • Global (1):The 2014 GO FAST! Games Are Here! - August 18 – 22nd 2014

    Date: 2014-08-16 05:46:13 GMT - Egypt - Economy - SN:6 - ID:876002

    PRNewswire-MENA 16- 8-2014 DENVER, Aug. 16, 2014 /PRNewswire/ -- GO FAST! Sports is proud to announce the 2014 GO FAST! Games in Zakynthos, Greece August 18th – 22nd. The GO FAST! Games are one of the premiere action sports events in the world! It ....

  • EGP 160mn allocated for journalists' allowance in 2014-2015 budget- ministry

    Date: 2014-08-15 13:01:06 GMT - Egypt - Economy - SN:56 - ID:875339

    CAIRO, Aug 15 (MENA) – The Finance Ministry has allocated 160 million pounds for journalists' allowance, known as allowance of training and technology, in its 2014-2015 budget. The allocation rose by 10 million pounds on the last fiscal ....

  • Surplus of incentives to go to top-priority projects -- Minister

    Date: 2014-08-15 12:57:22 GMT - Egypt - Economy - SN:55 - ID:875291

    CAIRO, Aug 15 (MENA) - Finance Minister Hani Qadri said Friday that any surplus of economic incentives will be used to finance top-priority projects approved by the Cabinet. Qadri has demanded that the transport, housing and industry ministers, as ....

  • Economic experts welcome "Suez Canal investment certificates"

    Date: 2014-08-15 11:29:49 GMT - Egypt - Economy - SN:47 - ID:875154

    CAIRO, Aug 15 (MENA) - Economic experts have welcomed a decision by Egypt's prime minister to introduce investment vehicles for the New Suez Canal project. Ibrahim Mahlab Thursday announced that national banks will issue five-year "Suez Canal ....

  • Bourse indexes up last week

    Date: 2014-08-15 08:55:18 GMT - Egypt - Economy - SN:23 - ID:874959

    CAIRO, Aug 15 (MENA) - The Egyptian Exchange indexes closed last week up and the market capital gained EGP 6.9 billion to hit EGP 516.9 billion. During the course of the week, the benchmark index EGX 30 jumped 2.55 percent to 9,387 points, said a ....

  • Global-PRNewswire 1

    Date: 2014-08-15 08:43:05 GMT - Egypt - Economy - SN:22 - ID:875018

    Prolight + Sound Shanghai 2014 Coming in October - 12th international fair of technologies and services for events, installation and production will be held at the Shanghai New International Expo Center from October 17-19, 2014. SHANGHAI, Aug. ....

  • Egypt approves Kuwaiti railway loan agreement

    Date: 2014-08-14 13:56:11 GMT - Egypt - Economy - SN:109 - ID:874037

    CAIRO, Aug 14 (MENA) - Egypt has approved a loan agreement with the Kuwait Fund for Arab Economic Development to provide a loan of KWD 30 million for developing train control and railway signals in Banha, Zaqaziq, Isamailia and Port Said. The ....

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