• Service : English General
  • Category : Economy
  • Holding Company of Maritime & Land Transport to establish logistics zone in East Port Said

    Date: 2018-01-14 13:46:12 GMT - Egypt - Economy - SN:48 - ID:7190311

    CAIRO, Jan 14 (MENA) - The Suez Canal Economic Zone (SCZone) has agreed to allocate 100 feddans in East Port Said for the Holding Company of Maritime & Land Transport. The land will be used to establish a logistics zone, said Mohamed Youssef, ....

  • Egypt bourse gains EGP 4.6 bln

    Date: 2018-01-14 13:35:33 GMT - Egypt - Economy - SN:45 - ID:7190306

    CAIRO, Jan 14 (MENA) - The Egyptian Exchange (EGX) showed mixed performance during Sunday's trading amid purchases operations by the foreign investment funds and financial institutions. The market capital gained EGP 4.6 billion and reached EGP ....

  • 160 ships transit Suez Canal over past 3 days

    Date: 2018-01-14 11:23:25 GMT - Egypt - Economy - SN:27 - ID:7189936

    ISMAILIA, Egypt, Jan 14 (MENA) - As many as 160 ships transited the Suez Canal over the past three days with a total cargo of 10.5 million tons, said chairman of the Suez Canal Authority Mohab Mamish Sunday. The south-bound convoy included 68 ....

  • Dollar exchange rate stable at major Egyptian banks

    Date: 2018-01-14 09:56:02 GMT - Egypt - Economy - SN:19 - ID:7189773

    CAIRO, Jan 14 (MENA) - The US dollar exchange rate was stable during morning transactions at major banks on Sunday. The dollar exchange rate was stable at EGP 17.65 for buying and 17.75 for selling at the National Bank of Egypt, the Arab African ....

  • Industry min. inaugurates steel factory in 6th of October city

    Date: 2018-01-13 15:16:23 GMT - Egypt - Economy - SN:38 - ID:7188923

    CAIRO, Jan 13 (MENA) - Minister of Trade and Industry Tarek Kabil inaugurated Saturday el Jiyashi steel factory in 6th of October city with a production capacity of 240,000 tons of steel annually. The factory is worth EGP 500 million, while EGP ....

  • Damietta Port receives seven vessels over past 24 hours

    Date: 2018-01-13 10:09:06 GMT - Egypt - Economy - SN:21 - ID:7188383

    DAMIETTA, Egypt, Jan 13 (MENA) - Damietta Port received over the past 24 hours seven ships, including three container ships and four cargo vessels, the Damietta Port Authority Media Center said in a Saturday statement. The statement added that 12 ....

  • 8,500 tons of butane gas arrive at Zayteyat port

    Date: 2018-01-13 08:59:59 GMT - Egypt - Economy - SN:12 - ID:7188264

    HURGHADA, Egypt, Jan 13 (MENA) - Zaytiat Port received on Saturday a ship carrying 8,500 tons of butane gas coming from the Saudi port of Yanbu, Spokesman for the Red Sea Ports Authority Malak Youssef said. The Red Sea port of Safaga is ready to ....

  • Qabil says bill on developing MSMEs finalized

    Date: 2018-01-12 16:55:24 GMT - Egypt - Economy - SN:56 - ID:7187708

    CAIRO, Jan 12 (MENA) - Minister of Trade and Industry Tareq Qabil said Friday his ministry finalized a bill on developing Micro, Small, and Medium-sized Enterprises (MSMEs). In a statement on Friday, the minister said that the bill was submitted ....

  • Mamish: SCZone ports' revenues hit EGP 2.4 bln in 2017

    Date: 2018-01-12 14:20:53 GMT - Egypt - Economy - SN:42 - ID:7187295

    CAIRO, Jan 12 (MENA) - Chairman of the Suez Canal Authority and the Suez Canal Economic Zone (SCZone) Mohab Mamish said that revenues from SCZone ports (six ports) reached EGP 2.4 billion in 2017, the Suez Canal Authority said in a statement on ....

  • Global (2): Hisense TV sales leads China market for 14 consecutive years

    Date: 2018-01-12 13:06:20 GMT - China - Economy - SN:34 - ID:7187288

    BEIJING, Jan. 12, 2018 /PRNewswire/ -- According to the latest data from CMM, Hisense TV ranked No.1 on both retail value and volume for 14 consecutive years in China by the end of 2017. The retail volume of Hisense TV has reached 16.79%. And the ....

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