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Economy
- Service : English
- Category : Economy
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Finance Ministry: EGP 2.6 bln to support exports in FY 2015-2016
Date: 2015-07-08 18:02:49 GMT - Egypt - Economy - SN:23 - ID:2946781
About EGP 2.6 billion will be allocated for supporting Egypt's exports in the FY 2015/2016 budget, the finance ministry said in a statement on Wednesday. Some of Export Development Fund's transfers will be allotted to back the Egyptian exports, ....
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Bourse loses EGP 6.3bn, index drops to lowest level in 15 months
Date: 2015-07-08 15:08:00 GMT - Egypt - Economy - SN:22 - ID:2945941
The Egyptian Exchange (EGX) closed down on Wednesday to its lowest level in 15 months amid selling operations by local and foreign investment funds. The market capital lost about EGP 6.3 billion to hit EGP 472.8 billion, after transactions of ....
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EGX loses EGP 4.8bn
Date: 2015-07-07 14:14:24 GMT - Egypt - Economy - SN:15 - ID:2939345
The Egyptian Exchange lost 4.8 billion pounds at the close of Tuesday's trading amid intensive sales operations by local, Arab and foreign funds and institutions. EGX indexes were all down as shares of Emaar Misr for Development continued ....
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Egypt's foreign reserves rise to $20.08bn - CBE
Date: 2015-07-07 11:39:19 GMT - Egypt - Economy - SN:6 - ID:2937805
The Central Bank of Egypt (CBE) said Tuesday that the country's foreign currency reserves were up by 520 million dollars at the end of June, reaching 20.08 billion from 19.5 billion at the end of May. The figures reflect the CBE's successful ....
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EGX index down 0.46 percent
Date: 2015-07-05 12:36:18 GMT - Egypt - Economy - SN:10 - ID:2925513
The Egyptian Exchange (EGX) indices closed down on Sunday. The main benchmark EGX 30 index went down by 0.46 percent reaching 8276.18 points. The broader EGX 70 index of the leading small and medium sized enterprises (SMEs) dropped by 0.26 ....
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Egypt bourse loses EGP 2.2bn in week
Date: 2015-07-03 09:43:38 GMT - Egypt - Economy - SN:3 - ID:2913633
The Egyptian Exchange closed this week with losses amounting to EGP 2.2 billion and its indexes were all down. This week had only three trading sessions due to vacations on the second anniversary of the June 30 revolution and the start of the new ....
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Egypt Bourse, gov't banks off Wednesday
Date: 2015-06-30 10:24:35 GMT - Egypt - Economy - SN:23 - ID:2894049
The Egyptian Stock Exchange (EGX)'s Chairman Mohamed Omran said on Tuesday that the bourse will close on Wednesday on the occasion of the start of the new Fiscal Year 2015/2016. In a related context, an official source with the Central Bank of ....
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Finance Ministry auctions T-bonds worth 5.250 bln
Date: 2015-06-29 19:24:07 GMT - Egypt - Economy - SN:39 - ID:2891105
The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 5.250 billion. In an online statement, the ministry said it sold EGP 2 billion of 3-year, EGP 1.250 million of 7-year and EGP 2 billion of zero-coupon treasury bonds. ....
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EGX announces July 1 day off
Date: 2015-06-29 09:45:17 GMT - Egypt - Economy - SN:18 - ID:2885421
The Egyptian Exchange announced Wednesday, July 1 an official day off. Trading will resume on July 2, the EGX department said Monday. ....
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Egypt's bourse indices down after top prosecutor's motorcade attack
Date: 2015-06-29 09:42:45 GMT - Egypt - Economy - SN:15 - ID:2885369
All Egyptian Exchange indices showed a downward trend on Monday promoted by random sell-outs by Egyptian investors following news that the motorcade of top prosecutor Hisharm Barakat was hit by a bomb blast in Cairo's Heliopolis district. The ....
