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Economy
- Service : English
- Category : Economy
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Emaar Misr targets raising up to EGP 2.82bn in Egypt IPO
Date: 2015-05-05 13:36:53 GMT - Egypt - Economy - SN:30 - ID:2523669
The Egyptian unit of Dubai’s Emaar Properties PJSC said it may raise as much as 2.82 billion Egyptian pounds in an initial public offering that could mark the Arab country’s biggest such sale this year, according to Bloomberg. Emaar Misr for ....
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Investment minister: Gov seeks to up investments through development of free zones
Date: 2015-05-05 13:31:33 GMT - Egypt - Economy - SN:28 - ID:2523589
Minister of Investment Ashraf Salman said the government is keen on luring more investments into the country. During a meeting on Tuesday with the heads of some investment associations, he said luring investments takes place through a number of ....
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Banks have important role in insurance market – EFSA chief
Date: 2015-05-04 15:32:44 GMT - Egypt - Economy - SN:52 - ID:2517145
Banks have an important and effective role in activating the insurance sector in Egypt, Chairman of the Egyptian Financial Supervisory Authority (EFSA) Sherif Samy said. During the opening of a workshop on banking insurance Monday, Samy said the ....
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Bourse indexes show mixed performance
Date: 2015-05-04 14:41:13 GMT - Egypt - Economy - SN:48 - ID:2516621
The Egyptian Exchange closed Monday with gains amounting to EGP 900 million and its indexes showed mixed performance. The capital market hit EGP 496 billion after transactions reached EGP 836 million. The benchmark index EGX 30 rose 1.04 ....
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40 vessels transit Suez Canal
Date: 2015-05-04 11:07:54 GMT - Egypt - Economy - SN:28 - ID:2514013
Forty ships transited the Suez Canal on Monday, carrying a total cargo of 2.846 million tons. The south-bound convoy included 30 vessels carrying 2.279 million tons, while the north-bound convoy included five ships carrying 148,000 ....
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Supply min. to give speech at Beirut economic forum
Date: 2015-05-04 09:32:32 GMT - Egypt - Economy - SN:22 - ID:2513109
Supply Minister Khaled Hanafy will deliver a speech at the 23rd Arab Economic Forum, which kicks off Tuesday in Beirut. Hanafy will attend the event on behalf of Prime Minister Ibrahim Mahlab and his delegation will include President of the ....
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Finance Ministry offers T-bills at EGP 6.5 billion
Date: 2015-05-03 15:43:44 GMT - Egypt - Economy - SN:51 - ID:2509573
The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 6.5 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 91-day T-bills. The average yield was 11.280 percent, it said. As for the 273-day ....
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Collective decline in Egypt bourse indices
Date: 2015-05-03 15:32:17 GMT - Egypt - Economy - SN:47 - ID:2509481
The Egyptian Exchange (EGX) indices shut on Sunday's session collectively down over sales by local and foreign investment funds and institutions on the back drop of statements by the head of taxes authority, who said that there is no intention to ....
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Finance minister denies giving statements to Anadolu
Date: 2015-05-03 15:24:44 GMT - Egypt - Economy - SN:43 - ID:2509433
Finance Minister Hany Qadry denied on Sunday giving any press statements to Anadolu news Agency on the economic situation in Egypt. Such reports are baseless, he said. He further called on the Egyptian and foreign media outlets to seek ....
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Finance Ministry offers T-bills at EGP 6.5 billion
Date: 2015-05-03 12:34:17 GMT - Egypt - Economy - SN:38 - ID:2508065
The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 6.5 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 91-day T-bills. The average yield was 11.280 percent, it said. As for the 273-day ....
