ar
en
fr
Economy
- Service : English
- Category : Economy
-
250 companies established over last week - minister
Date: 2015-09-20 14:05:08 GMT - Egypt - Economy - SN:13 - ID:3387809
Investment Minister Ashraf Salman announced that 250 companies were established over the last week, according to the data of the General Authority For Investment and Free Zones (GAFI). The firms will provide 1,818 job opportunities. In ....
-
Banks, bourse off 5 days for Bairam
Date: 2015-09-20 12:09:04 GMT - Egypt - Economy - SN:9 - ID:3386737
Egyptian banks will be off marking the Greater Bairam (Eidul Adha) holidays from Wednesday September 23 till Sunday September 27, the Central Bank of Egypt announced Sunday. Banks will resume activities as of Monday September 28, as announced by ....
-
Finance Ministry approves more than EGP 16mn for journalists
Date: 2015-09-18 14:44:03 GMT - Egypt - Economy - SN:4 - ID:3376293
The Finance Ministry has approved the allocation of 16.239 million pounds as technology allowance for journalists in September. The allowance goes to journalists working at national, partisan and independent Egyptian newspapers. The Supreme ....
-
EGX gains EGP 2.1bn
Date: 2015-09-16 13:42:03 GMT - Egypt - Economy - SN:10 - ID:3363753
The Egyptian Exchange (EGX) gained about 2.1 billion pounds at the end of Wednesday's trading on the back of purchase operations by investors. The EGX 30 benchmark index leapfrogged by 1.27 percent to close at 7,266.42 points. The broader EGX ....
-
Egypt auctions T-bonds
Date: 2015-09-14 14:00:22 GMT - Egypt - Economy - SN:10 - ID:3349449
The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 5 billion. In an online statement, the ministry said it sold EGP 3 billion of 5-year and EGP 2 billion of 10-year treasury bonds. A coupon of 13.376% was offered ....
-
CBE Governor: Ending parallel market has positive impact on Egypt's economy
Date: 2015-09-13 12:13:27 GMT - Egypt - Economy - SN:10 - ID:3341761
Governor of the Central Bank of Egypt (CBE) Hisham Ramez said on Sunday Egypt's economic reforms improved investors' confidence especially after the application of subsidy system, the issuance of the new investment law and the launching of several ....
-
Egyptian GDRs in London up
Date: 2015-09-09 17:27:54 GMT - United Kingdom - Economy - SN:13 - ID:3320645
The Egyptian global depository receipts (GDRs) traded on London stock exchange were up on Wednesday. The GDRs of the Commercial International Bank (CIB) and Orascom Telecom went up by 1.60 percent and 8.17 percent to record 5.70 dollars and 0.65 ....
-
60 vessels transit Suez Canal
Date: 2015-09-09 15:32:22 GMT - Egypt - Economy - SN:11 - ID:3319881
Sixty ships transited the Suez Canal in both directions on Wednesday with a total cargo of 3.4 million tons, said chairman of the Suez Canal Authority Mohab Mamish. The south-bound convoy included 32 vessels, while the north-bound convoy ....
-
Egypt bourse gains EGP 5.2bn, index up 1.52 pct
Date: 2015-09-09 13:54:30 GMT - Egypt - Economy - SN:10 - ID:3318929
The Egyptian Exchange (EGX) indices rebounded at the close of Wednesday's trading. The market capital achieved gains worth about 5.2 billion pounds to reach 440.04 billion pounds, after transactions hit about 555 million pounds. The EGX 30 ....
-
EGX loses EGP 9.1bn
Date: 2015-09-08 14:57:48 GMT - Egypt - Economy - SN:12 - ID:3312245
The Egyptian Exchange (EGX) lost some 9.1 billion pounds at the close of trading on Tuesday pushed by sales of Egyptian and foreign investment funds. The main benchmark EGX 30 index went down by 3.38 percent reaching 6,924.05 points. The ....
