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Economy
- Service : English
- Category : Economy
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Egypt bourse gains EGP 1.1bn, index up 0.15 pct
Date: 2014-12-22 13:17:52 GMT - Egypt - Economy - SN:45 - ID:1589757
The Egyptian Exchange (EGX) continued its upward trend at the close of Monday's trading, backed by intensive purchases by Arab and Egyptian investors. The market capital achieved gains worth 1.18 billion pounds to reach 485.5 billion pounds, ....
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New bread mechanism to be applied in 4 more governorates - minister
Date: 2014-12-22 13:07:42 GMT - Egypt - Economy - SN:9 - ID:1586485
The new state-subsidized bread distribution mechanism will be applied in four more governorates within the coming few days, Supply Minister Khaled Henfi said on Monday. The new governorates are Minya, Qalubiya, Kafr el Sheikh and Beheira. He ....
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Egypt bourse continues third-week running losses
Date: 2014-12-19 10:30:44 GMT - Egypt - Economy - SN:8 - ID:1569657
The Egyptian Exchange closed last week with losses amounting to EGP 32 billion and its indexes were all down for the third week running affected by the sharp decline of international oil prices. The capital market declined to EGP 476 billion, 3.6 ....
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EGX loses EGP 15.3bn
Date: 2014-12-17 13:55:19 GMT - Egypt - Economy - SN:47 - ID:1558017
The Egyptian Exchange (EGX) lost 15.3 billion pounds at the end of trading Wednesday on the back of intensive sales by investment funds and Egyptian institutions. The benchmark index EGX 30 dropped by 4.6 percent to 8124,68 points. The broader ....
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Non-conventional gas to be produced in Western Desert
Date: 2014-12-17 11:46:02 GMT - Egypt - Economy - SN:34 - ID:1556697
Minister of Petroleum and Mineral Wealth Sherif Ismail attended here on Wednesday the signing of the first contract on a new project to produce non-conventional gas in northeastern Abul Gharadeek area in the Western Desert. The contract was ....
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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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EGX loses EGP 12.4bn
Date: 2014-12-16 13:58:39 GMT - Egypt - Economy - SN:36 - ID:1550301
The Egyptian Exchange (EGX) lost 12.4 billion pounds at the end of trading Tuesday on the back of intensive sales by foreign investors, fearful of consequences of the declining oil prices in the Gulf region, Egypt's number one investment ....
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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. ....
