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Economy
- Service : English
- Category : Economy
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British min. calls on firms to invest in Egypt
Date: 2015-01-20 12:49:02 GMT - United Kingdom - Economy - SN:19 - ID:1783213
British Minister for the Middle East Tobias Ellwood has called on British companies to invest in Egypt, noting that the Egyptian economy became more attractive. Speaking at a seminar organized by Friends of Egypt parliamentary group, Ellwood said ....
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Decline of global oil prices reduces financial deficit in Egypt by 1 pct - EBRD
Date: 2015-01-19 13:15:46 GMT - United Kingdom - Economy - SN:46 - ID:1775893
The European Bank for Reconstruction and Development (EBRD) expected that the decline of global oil prices by 20 percent leads to an increase in financial deficit in Egypt by one percent. The economic reform and the financial aid provided by a ....
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Agriculture Min.: New system for monitoring fishing activities in Egypt's territorial waters
Date: 2015-01-19 11:25:53 GMT - Egypt - Economy - SN:34 - ID:1774729
Minister of Agriculture and Land Reclamation Adel Beltagui said Monday a new system for high-quality monitoring of the fishing activities in Egypt's territorial waters will be applied soon in the wake of several embarrassment for the Egyptian ....
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Ezz Steel signs long-term finance contract with banks
Date: 2015-01-19 10:34:46 GMT - Egypt - Economy - SN:29 - ID:1774217
Ezz Steel has signed a long-term financing contract of EGP1.7 billion with two banks. The company announced this a statement to the stock exchange. The loan will be repaid in installments over seven years, according to the statement. The ....
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Egypt Post has 3.2 billion pounds in investment protfolios in bourse
Date: 2015-01-19 08:29:01 GMT - Egypt - Economy - SN:7 - ID:1772629
Egypt Post invests 3.2 billion pounds in the bourse's investment portfolios, Chairman of the authority Khaled Negm told MENA. The total deposits of Egypt Post reached 147 billion pounds in 2014, including 95 billion pounds in the National ....
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Bourse loses EGP 1.6 bn
Date: 2015-01-18 17:22:31 GMT - Egypt - Economy - SN:49 - ID:1770085
The Egyptian Exchange closed on Sunday with losses amounting to EGP 1.6 billion and its indexes were all down. The capital market declined to EGP 511.4 billion after transactions hit EGP one billion. The benchmark index EGX 30 retreated 0.26 ....
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Representatives of 40 Italian companies to visit Egypt Feb.
Date: 2015-01-17 10:53:19 GMT - Egypt - Economy - SN:21 - ID:1760125
Representatives of 40 Italian companies will visit Egypt in February to get firsthand information about investment opportunities in the country, said chairman of the General Authority for Investments Hassan Fahmy on Saturday. Fahmy, in statements ....
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Egypt buys 240,000 tons of French wheat
Date: 2015-01-15 17:51:58 GMT - Egypt - Economy - SN:37 - ID:1751697
The General Authority for Supply Commodities signed Thursday a contract to buy 240 thousand tons of French wheat. The governmental body signed the contract on behalf of the Ministry of Supply and Internal Trade. The deal was reached through an ....
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Egypt to host meeting Sunday to coordinate stances on WTO's issues
Date: 2015-01-15 16:22:55 GMT - Egypt - Economy - SN:32 - ID:1751057
Egypt will host a meeting on Sunday to discuss coordination among African countries toward negotiations of the World Trade Organization (WTO), especially files of storing agriculture goods and facilitating trade, said Trade and Industry Minister ....
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EGX loses EGP 2bn; indexes show mixed performance
Date: 2015-01-15 13:53:07 GMT - Egypt - Economy - SN:24 - ID:1749721
The Egyptian Exchange (EGX) showed mixed performance at the close of Thursday's trading. Most shares declined on profit taking, reversing the previous sessions gains. The market capital lost about 2 billion pounds after transactions closed at ....
