ar
en
fr
Economy
- Service : English General
- Category : Economy
-
Bourse hits record gains of EGP 3.8bln
Date: 2014-08-14 12:57:33 GMT - Egypt - Economy - SN:97 - ID:873893
CAIRO, Aug 14 (MENA) - The Egyptian Exchange (EGX) continued its upward trend at the close of Thursday trading, backed by intensive purchases by local and foreign investment funds. The market capital gained about 3.8 billion pounds to hit 516.9 ....
-
Suez Canal cargo hits record
Date: 2014-08-14 12:37:23 GMT - Egypt - Economy - SN:95 - ID:873900
ISMAILIA, Aug 14 (MENA) - Cargo weights that passed through the Suez Canal on Thursday hit a record of over three million tons. Fifty-six vessels transited the Suez Canal, carrying a total of cargo of 3.497 million tons. The south-bound convoy ....
-
Egypt tops COMESA's 2012 exporters - report
Date: 2014-08-14 11:56:08 GMT - Egypt - Economy - SN:91 - ID:873696
CAIRO, Aug 14 (MENA) – Egypt ranked first among member states of the Common Market for Eastern and Southern Africa (COMESA) in terms of exports achieved in 2012, rising from second in 2011, the Cabinet said. Egypt's COMESA exports in 2012 rose ....
-
Sawiris' Nile Sugar Co now registered in Egypt bourse
Date: 2014-08-14 08:26:45 GMT - Egypt - Economy - SN:38 - ID:873279
CAIRO, Aug 14 (MENA) - Egypt's bourse agreed on Thursday to register the Nile Sugar Company, a private beet-based sugar mill owned by the Sawiris family, with a capital of 750 million pounds. Head of the Egyptian Exchange Mohamed Umran told MENA ....
-
Bourse to fine companies failing to implement general assembly's decisions
Date: 2014-08-14 07:20:16 GMT - Egypt - Economy - SN:28 - ID:873143
CAIRO, Aug 14 (MENA) - Chairman of the Egyptian Exchange Mohamed Omran said on Thursday that fines will be slapped on registered companies failing to implement their general assemblies' decisions within the legal period, ranging between one to three ....
-
Abdel Nour promises quantum leap in economic relations between Egypt, Sudan
Date: 2014-08-13 15:44:21 GMT - Egypt - Economy - SN:113 - ID:872504
CAIRO, Aug 13 (MENA) - Trade and Industry Minister Mounir Fakhry Abdel Nour said on Wednesday that the coming period would witness a quantum leap in trade and economic relations between Egypt and Sudan, especially after the opening of border ....
-
Exchange achieves limited gains at close of Wednesday trading
Date: 2014-08-13 12:28:28 GMT - Egypt - Economy - SN:73 - ID:872042
CAIRO, Aug 13 (MENA) - The Egyptian Exchange (EGX) achieved limited gains at the close of Wednesday's trading, amid selective purchases by foreign investment funds of major and leading shares. The market capital achieved gains worth 577 million ....
-
Telecom Egypt hits EGP 994 million profits in Q2
Date: 2014-08-13 10:10:27 GMT - Egypt - Economy - SN:46 - ID:871631
CAIRO, Aug 13 (MENA) - Telecom Egypt achieved 994 million pounds in net profits during the second quarter of 2014 up by 25.7 percent from the corresponding period of 2013, said CEO of the company Mohamed al-Nawawy on Wednesday. Earnings per TE ....
-
EGX indexes show mixed performance
Date: 2014-08-12 12:38:30 GMT - Egypt - Economy - SN:83 - ID:870354
CAIRO, Aug 12 (MENA) - The Egyptian Exchange (EGX) showed mixed performance at the close of Tuesday's trading due to intensive share purchases by foreign investment funds, while local and Arab investors were inclined to sell shares as restructuring ....
-
IDSC report points to increase in consumer confidence in June
Date: 2014-08-12 11:58:28 GMT - Egypt - Economy - SN:74 - ID:870213
CAIRO, Aug 12 (MENA) - Egyptian consumer confidence in the economic performance of the government increased by 25.3% in June, reaching 122.9 points from 98.1 in April, according to a report by the Information and Decision Support ....
