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Economy
- Service : English
- Category : Economy
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Orange mulls changing Mobinil trademark
Date: 2015-06-03 15:44:49 GMT - Egypt - Economy - SN:53 - ID:2724009
The Executive Director of French Orange Company, which owns 100 percent of Mobinil's interests, Stéphane Richard announced that the firm mulled changing its name and trademark during the coming phase. He said also that the company's brand is ....
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EGX gains EGP 1.2bn
Date: 2015-06-03 14:14:23 GMT - Egypt - Economy - SN:45 - ID:2723245
The Egyptian Exchange (EGX) gained about 1.2 billion pounds at the end of Wednesday's trading on the back of purchases by local investment funds. The EGX 30 benchmark index leapfrogged by 0.66 percent to close at 8,905.6 points. The broader ....
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Egyptian GDRs in London show mixed performance
Date: 2015-06-02 17:12:37 GMT - United Kingdom - Economy - SN:57 - ID:2717449
The Egyptian global depository receipts (GDRs) traded on London Stock Exchange showed mixed performance at the close of Tuesday's trading. The GDRs of Commercial International Bank (CIB) and of EFG Hermes went down by 0.86 percent to 7.06 U.S. ....
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EGX gains EGP 3.5bn
Date: 2015-06-02 13:25:47 GMT - Egypt - Economy - SN:29 - ID:2715317
The Egyptian Exchange (EGX) gained about 3.5 billion pounds at the end of Tuesday's trading on the back of intensive purchases by local investment funds. The EGX 30 benchmark index leapfrogged by 1.17 percent to close at 8,847.59 points. The ....
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CBE: Egypt's foreign trade up by 7.8%
Date: 2015-06-02 12:13:45 GMT - Egypt - Economy - SN:16 - ID:2714609
Egypt's foreign trade volume recorded an increase of 7.8 percent during the period from July-December of the 2014/2015 financial year. The value recorded $44.7 billion during the period from July to December 2014 against $41.4 billion during the ....
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Finance ministry to sell T-bills at EGP 95.250 billion
Date: 2015-06-01 14:28:43 GMT - Egypt - Economy - SN:38 - ID:2708793
The Ministry of Finance plans to auction treasury bills at a total value of EGP 95,250 billion in June. In a statement, the ministry said it will sell EGP 12.5 billion of 91-day T-bills. The ministry also said it will sell EGP 15.5 billion of ....
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Egypt foreign debt down 13.5% in March 2015 - CBE
Date: 2015-06-01 14:00:24 GMT - Egypt - Economy - SN:34 - ID:2708437
The total foreign debt fell to 13.5 percent to $39.9bn at the end of March 2015, compared to $46.1bn in June 2014, according to the Central Bank of Egypt (CBE). In a report released on Monday, the bank attributed the drop in the external debt to ....
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New incentives to encourage automotive manufacturing – min.
Date: 2015-06-01 12:27:06 GMT - Egypt - Economy - SN:29 - ID:2707529
A new financial policy and incentives will be rolled out soon to encourage investors to establish automotive production industries in Egypt, Industry and Trade Minister Mounir Fakhri Abdel Nour said. The ministry’s target is to manufacture ....
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Urgent financial allocations granted to several ministries, press council
Date: 2015-06-01 10:40:57 GMT - Egypt - Economy - SN:22 - ID:2706473
Finance Minister Hany Qadry agreed to provide EGP 7.1 billion of urgent financial allocations to the supply, petroleum, investment, transport and local development ministries and the Supreme Council of the Press to back their efforts in improving ....
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Bourse loses EGP 5.4 bn Sunday
Date: 2015-05-31 17:23:55 GMT - Egypt - Economy - SN:43 - ID:2703149
The Egyptian Exchange closed on Sunday with losses amounting to EGP 5.4 billion and its indexes were all down amid anticipation of a visit by an International Monetary Fund mission after it expressed reservations over the government's decision to ....
