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Economy
- Service : English
- Category : Economy
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EGX loses EGP 2bn; indexes show mixed performance
Date: 2015-01-15 13:53:07 GMT - Egypt - Economy - SN:24 - ID:1749721
The Egyptian Exchange (EGX) showed mixed performance at the close of Thursday's trading. Most shares declined on profit taking, reversing the previous sessions gains. The market capital lost about 2 billion pounds after transactions closed at ....
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EGX gains EGP 6bn
Date: 2015-01-14 16:43:55 GMT - Egypt - Economy - SN:57 - ID:1743765
The Egyptian Exchange (EGX) gained 6 billion pounds at the end of Wednesday's trading on the back of purchases by local institutions and investment funds. The EGX 30 benchmark index leapfrogged by 2.53 percent to close at 9, 544.08 ....
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Finance minister says supporting SMEs key to Arab economic stability
Date: 2015-01-14 13:22:00 GMT - Egypt - Economy - SN:47 - ID:1742105
Finance Minister Hani Qadri said on Wednesday that the government is concerned with supporting small and medium-sized enterprises, believing this will help achieve Arab economic stability. For years the government has been working in vain on the ....
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WB asserts importance of participating in economic summit due in Egypt in March
Date: 2015-01-14 12:46:00 GMT - USA - Economy - SN:2 - ID:1738089
The World Bank is asserted the importance of participating in the economic summit due in Egypt in March, Chief Economist of the World Bank's Middle East and Central and North Africa Shanta Devarajan said. The bank plans to send a high-ranking ....
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Trade minister says relations with Kenya strong
Date: 2015-01-14 12:43:36 GMT - Egypt - Economy - SN:43 - ID:1741673
Egypt and Kenya have strong trade relations that should be further developed to enhance inter-trade and exports of both countries to neighboring states, Trade and Industry Minister Mounir Fakhri Abdel Nour said on Wednesday. Speaking in the ....
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CBE governor urges Arab countries to depend on own resources
Date: 2015-01-14 11:53:02 GMT - Egypt - Economy - SN:33 - ID:1741057
Arab countries should depend on themselves and their own financial resources to overcome obstacles facing them, the governor of the Central Bank of Egypt advised Wednesday. The Arab world is rich in human resources, Hisham Ramez said in a speech ....
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Egyptian GDRs in London show mixed performance
Date: 2015-01-13 18:28:08 GMT - United Kingdom - Economy - SN:64 - ID:1736401
The Egyptian Global Depository Receipts (GDRs) in the London Stock Exchange showed mixed performance at the close of Tuesday's trading. The GDRs of the Commercial International Bank (CIB) went up 2.38 percent to 6.88 dollars. The GDRs of ....
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SFD transfers $60mn to Palestinian Finance Ministry
Date: 2015-01-13 17:57:32 GMT - Egypt - Economy - SN:56 - ID:1736189
The Saudi Fund for Development (SFD) has transferred the equivalent of 60 million dollars to the account of the Palestinian Finance Ministry, the Saudi ambassador in Cairo said Tuesday. The three-month payment is meant to support the budget of ....
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Egypt bourse gains EGP 7.5bn, index up 2.19 pct
Date: 2015-01-13 17:38:25 GMT - Egypt - Economy - SN:51 - ID:1736069
The Egyptian Exchange (EGX) rebounded at the close of Tuesday's trading, backed by purchases of institutions and Arab and foreign investment funds. The market capital achieved gains worth about 7.5 billion pounds to reach 509 billion pounds, ....
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Investment min. meets Italian amb.
Date: 2015-01-13 17:24:56 GMT - Egypt - Economy - SN:47 - ID:1735977
Investment Minister Ashraf Salman met on Tuesday with Italian Ambassador in Cairo Mauricio Massari. They discussed ways of increasing Italian investments in Egypt. Massari noted that an Italian delegation, from 100 companies, will visit Egypt ....
