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Ezz Steel posts Q3 loss of 285mn Egyptian pounds CAIRO: Ezz Steel, Egypt's biggest steel maker posted a third-quarter net loss on Tuesday that widened to 285.38 million Egyptian pounds ($37.43 million) from 84.1 million a year earlier.The company said in a statement on the Egyptian bourse that third-quarter sales fell 4.6 percent to 4.62 billion versus 4.84 billion a year earlier.For the nine months to September 30, Ezz posted a net loss of 461 million versus a net profit of 218 million a year earlier. Sales for the period fell 6.9 percent to 14.881 billion.Copyright Reuters, 2015 ...

Ivory coast cocoa arrivals seen around 1,175,000 T by Feb 15 ABIDJAN: Cocoa arrivals at ports in Ivory Coast, the world's top producer, reached around 1,175,000 tonnes by Feb. 15 since the start of the season on Oct. 1, exporters estimated on Monday, up from 1,130,000 tonnes in the same period of the previous season. Exporters estimated around 34,000 tonnes of beans were delivered to the West African state's two ports of Abidjan and San Pedro between Feb. 9 to Feb.15 up from 14,000 tonnes during ...
Sharp drop seen in Ivory Coast mid-crop cocoa output SAN PEDRO: Output from Ivory Coast's April-to-September cocoa mid-crop could fall short of last year's harvest by as much as 130,000 tonnes due to harsh weather conditions and a drop in smuggling from neighbouring Ghana, farmers and exporters said. The world's top producer saw record output of around 1.7 million tonnes of cocoa last year. By Feb. 8, cocoa port arrivals had reached around 1,141,000 tonnes, according to exporter estimates, outpacing last year's levels for ...
South Africa's Harmony Gold says Q2 production falls 10pc JOHANNESBURG: South Africa's Harmony Gold said on Monday gold production dropped 10 percent in its second quarter due maintenance and repairs breaks at two operations.The bullion producer also reported a headline loss of 496 million rand ($43 million) due to lower production and restructuring.Copyright Reuters, 2015 ...
Wheat eyes first weekly gain in 7 SINGAPORE: US wheat extended gains into a second session on Friday, with the market poised for its first weekly climb after six weeks of heavy losses, boosted by expectations of a rebound in demand for US supplies.Soybean prices rose for a second day, tracking a strong rally in Malaysian palm oil futures, although gains were capped by forecasts of record production in South America. Corn edged higher.Chicago Board of Trade March wheat has risen more ...
Saudi Arabia buys 690,000 tonnes of hard wheat HAMBURG/ABU DHABI: Saudi Arabia bought 690,000 tonnes of hard wheat via a tender, the country's main state grain agency Grain Silos and Flour Mills Organisation (GSFMO) said on Monday. The wheat, with 12.5 percent protein content, is for shipment during April and May, GSFMO Director General Waleed Elkhereiji said in a statement.The accepted origins are the European Union, North America, South America and Australia at the option of sellers, the GSFMO said.It said the purchase ...
Saudi Arabia says seeks 660,000 tonnes of wheat in tender ABU DHABI: Saudi Arabia's state grain buyer, the Grain Silos and Flour Mills Organization (GSFMO), said on Thursday it was seeking 660,000 tonnes of hard wheat in a tender.The wheat, with 12.5 percent protein content, is for shipment during April and May, GSFMO said in a statement.The wheat will be purchased in shipments of 55,000 tonnes with a total 330,000 tonnes to be imported via the port of Jeddah and 330,000 tonnes via Dammam, the ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln