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Economy
- Service : English
- Category : Economy
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EGX gains EGP 200m
Date: 2015-07-21 14:47:09 GMT - Egypt - Economy - SN:11 - ID:3018957
The Egyptian Exchange (EGX) gained about 200 million pounds at the end of Tuesday's trading amid a state of optimism as the count down for the opening of the New Suez Canal starts. The EGX 30 benchmark index leapfrogged by 0.33 percent to close ....
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Mahlab's visit to Italy 'opportunity' to promote economic cooperation - minister
Date: 2015-07-19 10:55:38 GMT - Egypt - Economy - SN:7 - ID:3007605
Prime Minister Ibrahim Mahlab's visit to Italy, which will start Wednesday, will be an opportunity to promote joint economic and commercial cooperation between the two countries, affirmed Trade and Industry Minister Mounir Fakhry Abdel Nour. ....
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Egypt bourse continues upward trend
Date: 2015-07-16 15:22:45 GMT - Egypt - Economy - SN:17 - ID:2997493
The Egyptian Exchange (EGX) continued its upward trend at the close of Thursday's trading, backed by purchases by Arab and foreign institutions and investment funds. The market capital achieved gains worth about 4.8 billion pounds to reach 486.5 ....
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Bourse main index loses 6.2% during Ramadan
Date: 2015-07-16 14:58:22 GMT - Egypt - Economy - SN:12 - ID:2997337
The Egyptian Exchange indices slipped heavily during the holy fasting month of Ramadan over selling operations by investors due to internal, regional and international conditions, including the Greek crisis, the Iranian nuclear file, the ....
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182-, 357-day T-bills auctioned
Date: 2015-07-15 15:20:09 GMT - Egypt - Economy - SN:20 - ID:2991417
The Finance Ministry auctioned on Wednesday treasury bills at a total value of EGP 7.5 billion. In an online statement, the ministry said it sold EGP 3.5 billion of 182-day T-bills. The average yield was 11.737%, it said, adding it accepted bids ....
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Int'l community needs to understand challenges in developing countries: minister
Date: 2015-07-15 15:16:03 GMT - Egypt - Economy - SN:15 - ID:2991365
Egypt's Minister of Finance Hany Qadry said on Wednesday that the developing countries face various challenges to bridge the financial gaps which should be understood by the international community. The minister made the remarks while addressing ....
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Finance Ministry auctions T-bills Wednesday
Date: 2015-07-14 14:10:20 GMT - Egypt - Economy - SN:14 - ID:2981017
The Finance Ministry decided to auction treasury bills on Wednesday instead of Sunday on the occasion of Eidul Fitr. The Ministry said on its website that it will auction 182-day and 364-day bills worth 7.5 billion pounds. It said also that ....
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CBE cancels Sunday dollar tender
Date: 2015-07-14 14:09:25 GMT - Egypt - Economy - SN:13 - ID:2980997
The Central Bank of Egypt (CBE) has cancelled Sunday's dollar tender on the occasion of Eidul Fitr. Speaking to MENA, a banking source said the CBE will just offer two tenders next week on Tuesday and Thursday. The CBE offers three periodic ....
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Bourse gains EGP 3.1bn, all indexes up
Date: 2015-07-14 14:06:56 GMT - Egypt - Economy - SN:11 - ID:2980977
The Egyptian Exchange showed on Tuesday an upward trend at the end of trading prompted by purchases of Arab, Egyptian and foreign investors. The market capital achieved gains worth 3.1 billion pounds to reach 473.9 billion, after transactions ....
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Bourse indexes down in midday trading
Date: 2015-07-13 12:24:05 GMT - Egypt - Economy - SN:10 - ID:2973573
The Egyptian Exchange (EGX) indexes were all down in midday trading pushed by share sales by local and Arab institutions and investment funds. The market capital lost about EGP 2.9 billion to hit EGP 472.4 billion. The main benchmark EGX 30 ....
