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Economy
- Service : English
- Category : Economy
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Egypt, Indonesia sign 2 MoUs
Date: 2015-09-04 14:18:57 GMT - Indonesia - Economy - SN:7 - ID:3286977
Egypt's Foreign Minister Sameh Shoukry and his Indonesian counterpart Retno Marsudi on Friday signed two Memorandums of Understanding on the sidelines of a summit meeting between President Abdel Fattah El Sisi and his Indonesian counterpart Joko ....
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Petroleum minister receives report on Assiut oil slick clean-up
Date: 2015-08-29 12:29:35 GMT - Egypt - Economy - SN:9 - ID:3246573
Petroleum Minister Sherif Ismail received Saturday a report from Magdy Fahmi, the chairman of Petrosafe Company which is in charge of cleaning up the recent oil leakage into the River Nile in the Upper Egypt Governorate of Assiut. On Thursday, ....
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Bourse loses EGP 6.4 billion in week
Date: 2015-08-28 07:20:48 GMT - Egypt - Economy - SN:3 - ID:3239765
The Egyptian Exchange closed this week with losses amounting to EGP 6.4 billion. The capital market decreased to EGP 437.6 billion against 444 billion pounds last week. During the course of the week, the benchmark index EGX 30 went down by ....
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Egypt bourse recoups losses
Date: 2015-08-27 15:13:24 GMT - Egypt - Economy - SN:3 - ID:3237609
The Egyptian Exchange (EGX) indices managed to recoup part of their losses incurred at the close of Thursday's trading, backed by intensive purchase from institutions, Arab, foreign and local investment funds. The market capital achieved gains ....
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Bourse closes Wednesday with collective gains
Date: 2015-08-26 13:45:45 GMT - Egypt - Economy - SN:14 - ID:3230393
Egypt's bourse indices recorded collective gains at the end of Wednesday's trading, amid intensive purchases by institutions and Arab and foreign investment funds. The market capital gained about 100 million pounds to hit over 424.8 billion ....
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CBE fixes US dollar exchange rate
Date: 2015-08-25 17:01:08 GMT - Egypt - Economy - SN:12 - ID:3224753
The Central Bank of Egypt (CBE) stabilized on Tuesday the exchange rate of the US dollar at 7.73 pounds. A banking source told MENA that the bank stabilized the price in a tender to become 7.78 for buying and 7.83 for sale, pointing out the ....
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Egyptian bourse chief says stable exchange market no longer exists
Date: 2015-08-25 16:03:16 GMT - Egypt - Economy - SN:11 - ID:3224277
Egyptian Bourse chief Mohamed Omran said Tuesday the era of stable exchange markets no longer exists. In a statement, Omran said volatility of global markets became normal in the past few years, noting that it was premature to classify the ....
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Finance minister lauds amendments to tax law
Date: 2015-08-25 15:25:01 GMT - Egypt - Economy - SN:9 - ID:3224201
Finance Minister Hany Qadry has defended recent amendments made to the tax law, stressing they are meant to relax measures for citizens and support economic growth. In its new shape, the tax law is hoped to attract investments in new projects, ....
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Egyptian youth launch initiative to support EGX
Date: 2015-08-25 13:29:55 GMT - Egypt - Economy - SN:6 - ID:3223101
A group of Egyptian youth have launched an initiative to support the Egyptian Exchange (EGX) after a wave of sharp decline in share prices. "The EGX is a Chance" initiative is meant to support the bourse through youth purchase of shares, whose ....
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Egyptian GDRs in London stable
Date: 2015-08-18 18:07:28 GMT - United Kingdom - Economy - SN:17 - ID:3182237
The Egyptian global depository receipts (GDRs) traded on London Stock Exchange (LSE) showed stable performance at the close of Tuesday's trading. The GDRs of the Commercial International Bank (CIB), Edita Food Industries, the EFG Hermes and ....
