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Economy
- Service : English General
- Category : Economy
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Egypt cotton exports hit 16,000 tons
Date: 2014-01-05 13:27:48 GMT - Egypt - Economy - SN:75 - ID:480439
ALEXANDRIA, Egypt, Jan 5 (MENA) – Egyptian cotton exports since the start of the export season in September reached 16,145 tons, said head of the Cotton Exporters Association Mofreh el-Beltagy. Last week’s cotton exports reached 325 tons, Beltagy ....
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New silo to be built in Damietta port
Date: 2014-01-04 12:32:26 GMT - Egypt - Economy - SN:50 - ID:478706
DAMIETTA, Egypt, Jan 4 (MENA) – Measures have been taken to establish a new silo in Damietta Port funded by the UAE, said head of Damietta silo el-Moataz-Bellah el-Husseini. The new silo will take up to 70,000 tons of grains, making the total ....
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Egypt to import wheat from Russia, France Romania, Ukraine
Date: 2014-01-04 09:22:55 GMT - Egypt - Economy - SN:14 - ID:478188
CAIRO, Jan 4 (MENA) - The General Authority for Supply of Commodities (GASC) will buy 535,000 tons of wheat from Russia, France, Romania and Ukraine to produce subsidized bread. The wheat will be delivered on two periods, the first starts from ....
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PM approves firm right to explore for gold in Red Sea desert
Date: 2014-01-03 22:48:51 GMT - Egypt - Economy - SN:158 - ID:478009
HURGHADA, Jan 3 (MENA) – Prime Minister Hazem Beblawy has agreed to grant gold exploration concessions for a local mining firm, said authorities in the Red Sea governorate on Friday. The Red Sea-based Shalateen Mining Company will explore for the ....
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Egyptian GDRs in London show mixed performance
Date: 2014-01-03 19:08:59 GMT - United Kingdom - Economy - SN:128 - ID:477813
LONDON, Jan 3 (MENA) - The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance at the close of Friday's trading. The GDRs of the Commercial International Bank dropped by 0.41 percent. ....
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Global - PRNewswire-1: Peak Expands International Advertising Presence in New York's Times Square
Date: 2014-01-03 19:07:23 GMT - Egypt - Economy - SN:127 - ID:477766
HONG KONG, Jan. 3, 2014 /PRNewswire/ -- On January 1, New York's Times Square welcomed Peak, the first Chinese sportswear brand to establish its presence. In line with its vision of creating an international brand, Peak unveiled its new ....
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Security tightened in Suez for Salafi conference
Date: 2014-01-03 18:01:17 GMT - Egypt - Economy - SN:110 - ID:477682
SUEZ, Jan 3 (MENA) - Security has been tightened in Suez as a conference of the Salafi Call is being held in the city, said a security source on Friday. Security chief Khalil Harb is present outside the site of the gathering where the Salafi ....
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Fitch Ratings upgrade Egypt outlook to stable
Date: 2014-01-03 16:38:49 GMT - Egypt - Economy - SN:90 - ID:477573
CAIRO, Jan 3 (MENA) - Fitch Ratings has raised Egypt's economic outlook from negative to stable, the Finance Ministry said Friday. But the International credit rating agency still kept its long-term foreign and local currency sovereign credit ....
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Egypt bourse gains EGP 3 bn, main index down last week
Date: 2014-01-03 09:23:28 GMT - Egypt - Economy - SN:25 - ID:476658
CAIRO, Jan 3 (MENA) – The Egyptian Exchange (EGX) made EGP 3 billion profits during last week's trading, making its capital hit EGP 429 billion. During the course of the week, the benchmark index EGX 30 went down 0.02 percent to 6,811 points, ....
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Alexandria port receives ship with 63,000 tons of wheat
Date: 2014-01-03 08:28:26 GMT - Egypt - Economy - SN:13 - ID:476549
ALEXANDRIA, Jan 3 (MENA) – A ship coming from the Strait of Gibraltar arrived Friday in Alexandria port loaded with 63,000 tons of wheat, said head of the port Adel Yassin. The shipment was unloaded in silos for examination, added Yassin assuring ....
