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Economy
- Service : English
- Category : Economy
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Egypt's bourse gains 3.2 billion pounds today
Date: 2014-12-17 09:26:45 GMT - Egypt - Economy - SN:18 - ID:1555081
The Egyptian Exchange indices rebounded at the start of Wednesday trading, backed by more purchases by Arab and Egyptian investors. The market capital managed to make up for yesterday's losses and gained 3.2 billion pounds. The EGX 30 ....
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Bourse loses 13 billion pounds
Date: 2014-12-16 18:54:28 GMT - Egypt - Economy - SN:71 - ID:1552561
The Egyptian Exchange began trading this week with losses amounting to EGP 13 billion pounds, due to random and intensive share sales by local and foreign investment funds and Arab investors in response to the steep decline in oil prices. The ....
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Egyptian GDRs in London show stable performance
Date: 2014-12-15 18:20:19 GMT - United Kingdom - Economy - SN:62 - ID:1545125
The Egyptian Global Depository Receipts (GDRs) in the London Stock Exchange showed stable performance at the close of Monday’s trading. The GDRs of EFG Hermes, Orascom Telecom and Orascom Construction Industries remained unchanged at 4.6, 0.88 ....
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Egypt bourse bounces back, index up 1.34 pct
Date: 2014-12-15 17:11:07 GMT - Egypt - Economy - SN:42 - ID:1544577
The Egyptian Exchange (EGX) indices rebounded on Monday, backed by the rebound of Gulf bourse. The market capital managed to make up for yesterday's losses to close today at 492.6 billion pounds, after transactions hit 823 million pounds. ....
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Egypt bourse plagued by 4th largest ever loss
Date: 2014-12-14 19:10:28 GMT - Egypt - Economy - SN:43 - ID:1537749
The Egyptian Exchange closed on Sunday with heavy losses amounting to EGP 21.3 billion, the fourth largest daily loss in its history and second in two years, due to random and intensive share sales by local and foreign investment funds and Arab ....
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EFSA: Major Arab, Foreign companies set to invest in insurance market
Date: 2014-12-14 19:07:35 GMT - Egypt - Economy - SN:41 - ID:1537733
Head of the Egyptian Financial Supervisory Agency (EFSA) Sherif Samy unveiled on Sunday that the EFSA received many requests from major global and Arab Gulf companies to invest in the Egyptian insurance market. They took that step to make good ....
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IDSC: Egypt's natural gas exports drop 77.71 percent in October
Date: 2014-12-14 12:25:00 GMT - Egypt - Economy - SN:29 - ID:1534873
Egyptian natural gas exports saw a 77.71% drop to dlrs 25.6 million in October 2014, down from dlrs 115 million in the corresponding month a year earlier, according to a report by the cabinet information and decision support center ....
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Agriculture min. asserts importance of using flood water for agriculture
Date: 2014-12-14 11:12:32 GMT - Egypt - Economy - SN:26 - ID:1534157
Minister of Agriculture and Land Reclamation Adel el-Beltagui asserted the importance of benefiting from the torrential rain water for agricultural purposes. This came during a meeting Sunday with Minister of Local Development Adel Labib on ....
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Industry minister: Gov't keen on luring investments in automobile industry
Date: 2014-12-14 10:26:35 GMT - Egypt - Economy - SN:22 - ID:1533589
Minister of Industry and Trade Munir Fakhri Abdel Nour asserted that the government is keen on providing incentives to lure investments into the automobile industry to produce 100,000 cars per year to compete with the European market that will enjoy ....
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CBE: Annual inflation rate down in Nov.
Date: 2014-12-10 14:22:40 GMT - Egypt - Economy - SN:35 - ID:1510953
The Central Bank of Egypt (CBE) announced that the annual inflation rate declined to 7.81 percent in November down from 8.47 percent in October. The bank said in statement on its website Wednesday that the core consumer price index (CPI), ....
