Economy

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  • Category : Economy
  • Two articles of new investment law amended: min.

    Two articles of new investment law amended: min.

    Date: 2015-05-18 18:25:33 GMT - Egypt - Economy - SN:42 - ID:2616045

    Minister of Investment Ashraf Salman said that two articles of the new investment law have been revised by the legal advisers of the ministry. This came during a meeting of the economic ministerial meeting held Monday under Prime Minister Ibrahim ....

  • Egypt seeks to increase exports to US: Minister

    Egypt seeks to increase exports to US: Minister

    Date: 2015-05-18 18:23:07 GMT - Egypt - Economy - SN:40 - ID:2616029

    Trade and Industry Minister Munir Fakhry Abdel Nour said on Monday that Egypt seeks to increase the Egyptian exports to the US market through reinstating the generalized system of preferences (GSP). The GSP system, which was suspended more than ....

  • Cabinet says PM keen on attending EGX trading session

    Cabinet says PM keen on attending EGX trading session

    Date: 2015-05-18 15:04:03 GMT - Egypt - Economy - SN:35 - ID:2614441

    The cabinet said Prime Minister Ibrahim Mahlab was keen on attending Monday's trading session of the Egyptian Exchange (EGX). "His participation showed the governments' support to the capital market system as its important role for the Egyptian ....

  • EGX trading suspended for 30 minutes

    EGX trading suspended for 30 minutes

    Date: 2015-05-18 10:57:07 GMT - Egypt - Economy - SN:24 - ID:2611989

    The Egyptian Exchange has suspended trading for half an hour after a rise in the EGX 100 index exceeded the customary 5 percent in the first minutes of trading. The capital market also gained more than 15.5 billion pounds to reach some 496.8 ....

  • EGX makes additional gains worth EGP 15bn in early trading Monday

    EGX makes additional gains worth EGP 15bn in early trading Monday

    Date: 2015-05-18 10:27:34 GMT - Egypt - Economy - SN:18 - ID:2611657

    The Egyptian Exchange (EGX) made additional gains worth 15 billion pounds early in Monday's trading session amid purchase operations by Arab investment funds and institutions. The EGX 30 benchmark index soared by 5.52 percent to 8,717.02 ....

  • EGX gains about EGP 9bn very early in Monday trading session

    EGX gains about EGP 9bn very early in Monday trading session

    Date: 2015-05-18 09:35:19 GMT - Egypt - Economy - SN:13 - ID:2611085

    The Egyptian Exchange (EGX) gained about nine billion pounds in the first 10 minutes of Monday's trading session on the back of a government decision to suspend the Capital Gains Tax (CGT) for two years. The EGX 30 benchmark index soared by 3.77 ....

  • CGT suspended for 2 years to maintain market competitiveness

    CGT suspended for 2 years to maintain market competitiveness

    Date: 2015-05-18 09:03:57 GMT - Egypt - Economy - SN:6 - ID:2610821

    The Egyptian government has decided to suspend the Capital Gains Tax (CGT) for two years to maintain the competitiveness of the market. The decision came as part of non-stop efforts to achieve economic reform while taking into consideration the ....

  • IMF delegation in Egypt late May -- Official

    IMF delegation in Egypt late May -- Official

    Date: 2015-05-15 18:09:38 GMT - USA - Economy - SN:7 - ID:2595301

    A delegation of the International Monetary Fund (IMF) will visit Egypt late May to get first hand information about the economic landscape in the country, representative of the IMF Arab group Hazem el Beblawy said Friday. Beblawy, a former ....

  • Egypt to conclude one billion dollar loan with WB -- minister

    Egypt to conclude one billion dollar loan with WB -- minister

    Date: 2015-05-15 10:56:55 GMT - Egypt - Economy - SN:6 - ID:2592701

    Housing Minister Mostafa Madbouly said the ministry is in the final stage of official negotiations with the World Bank for a loan worth one billion dollars. The minister said 500 million dollars would be earmarked to a major sewage project for ....

  • Giza governor inspects expansion works at Faysal Street Saturday

    Giza governor inspects expansion works at Faysal Street Saturday

    Date: 2015-05-15 08:17:36 GMT - Egypt - Economy - SN:1 - ID:2591813

    Giza Governor Khaled Zakariya is to inspect the expansion works at King Faysal Street on Saturday. The City Hall has already taken measures to restore order to the vital street in Giza, he added in press statements. ....

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