Economy

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  • Category : Economy
  • Trade miniser meets OECD chief

    Date: 2017-02-20 14:09:35 GMT - France - Economy - SN:67 - ID:6556581

    PARIS, Feb 20 (MENA) - Egypt's Trade and Industry Minister Tarek Qabil discussed with Secretary General of the Organization of Economic Cooperation and Development (OECD) Angel Gurria ways of making use of the organization's experience to enhance ....

  • Egypt's bourse loses EGP 1.7 bln

    Date: 2017-02-20 13:56:59 GMT - Egypt - Economy - SN:64 - ID:6557089

    CAIRO, Feb 20 (MENA) - The Egyptian Exchange (EGX) indexes were all down at the close of Monday's trading amid sales by Egyptian and foreign investors. The market capital lost about 1.7 billion pounds to reach 608 billion pounds, after ....

  • Mahlab, governor inspect Damietta furniture city

    Date: 2017-02-20 13:55:41 GMT - Egypt - Economy - SN:62 - ID:6556313

    DAMIETTA, Feb 20 (MENA) - Presidential Adviser for the National and Strategic Projects Ibrahim Mahlab, accompanied by Damietta Governor Ismail Abdel Hamid, inspected on Monday Damietta furniture city in preparation for its opening. Mahlab and the ....

  • Finance ministry auctions EGP 1.1 bln T-bonds

    Date: 2017-02-20 13:35:50 GMT - Egypt - Economy - SN:59 - ID:6557013

    CAIRO, Feb 20 (MENA) - The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 1.1 billion. In an online statement, the ministry said it sold EGP 750 million of 3-year bonds (maturing on September 6, 2019). The average yield ....

  • New financial tools are urged to promote money market - minister

    Date: 2017-02-20 12:30:26 GMT - Egypt - Economy - SN:51 - ID:6555101

    CAIRO, Feb 20 (MENA) - Investment and International Cooperation Minister Sahar Nasr underlined on Monday the importance of enacting new bills that would allow introducing new financial tools in the money market. Nasr, in a meeting with head of the ....

  • Egypt to be main player in global economy by 2030 - minister

    Date: 2017-02-20 12:23:42 GMT - Egypt - Economy - SN:48 - ID:6555825

    CAIRO, Feb 20 (MENA) The Egyptian economy will be a main player in the global economic order by 2030, said Trade and Industry Minister Tarek Qabil. The government is committed to creating a diversified economy which is led by the private sector, ....

  • Dollar exchange rate against EGP inches down

    Date: 2017-02-20 12:18:01 GMT - Egypt - Economy - SN:47 - ID:6556025

    CAIRO, Feb 20 (MENA) - The exchange rate of the US dollar against the Egyptian pound has continued its decline since the beginning of the last week. The exchange rate of the US dollar at the National Bank of Egypt reached EGP 15.73 for buying and ....

  • Petroleum Institute: 40 development projects accomplished worth EGP 400 mn

    Date: 2017-02-20 11:40:58 GMT - Egypt - Economy - SN:42 - ID:6555325

    CAIRO, Feb 20 (MENA) - Director of the Egyptian Petroleum Research Institute (EPRI) Ahmed al Sabagh said as many as 40 development projects have been accomplished with total investments of EGP 400 million funded by the Science and Technological ....

  • Investment, Comm. ministers probe all-out investment map

    Date: 2017-02-20 11:37:21 GMT - Egypt - Economy - SN:41 - ID:6555149

    CAIRO, Feb 20 (MENA) - Investment and International Cooperation Minister Sahar Nasr discussed on Monday with Minister of Communication and Information Technology Yasser el Qady putting into effect an integrated investment map. They tackled ....

  • Global/PRNews(2):ABB Inks Strategic Alliance With DigiValet

    Date: 2017-02-20 06:09:53 GMT - Singapore - Economy - SN:3 - ID:6553265

    SINGAPORE, February 20, 2017/PRNewswire/MENA/ -- Partners to Roll Out Solution Integrating DigiValet With ABB's Building Automation Ecosystem DigiValet, the company behind the world's first tablet-based guest room solution used by leading hotels ....

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