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Economy
- Service : English
- Category : Economy
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Egypt bourse up for 2nd week in a row, gains EGP 20 bn
Date: 2014-11-14 07:46:00 GMT - Egypt - Economy - SN:1 - ID:1330393
The Egyptian Exchange indexes closed last week up for the second week in a row. Its market capital gained EGP 20 billion to hit EGP 539.5 billion or 3.8 percent higher than the week before. During the course of the week, the benchmark index ....
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IMF delegation here to prepare report on Egypt economy – Min.
Date: 2014-11-12 18:19:39 GMT - Egypt - Economy - SN:59 - ID:1321869
Finance Minister Hany Qadry said on Wednesday that an International Monetary Fund (IMF) delegation arrived here to prepare a report on Egypt's economy. "It is the first IMF delegation to visit Egypt since 2010," Qadry said during the cabinet ....
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EGX down 1.55 pct
Date: 2014-11-12 14:22:27 GMT - Egypt - Economy - SN:47 - ID:1320017
The Egyptian Exchange (EGX) indices went down Wednesday on the backdrop of intensive sales by Egyptian and Arab investors. The market capital hit about 534.3 billion pounds after transactions wroth 765 billion pounds. The EGX 30 benchmark ....
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Developing Upper Egypt villages project funded by KRCS
Date: 2014-11-12 12:52:02 GMT - Egypt - Economy - SN:41 - ID:1318933
The Egyptian Financial Group EFG-Hermes for social development has signed a memorandum of understanding with the Kuwaiti initiative to support the Egyptian people to fund the project of developing a village in Qus district in Qena province, Upper ....
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Budget deficit up to EGP 65.8bn during 1st quarter of 2014-15
Date: 2014-11-12 11:22:19 GMT - Egypt - Economy - SN:34 - ID:1317993
Egypt's budget deficit increased to 65.8 billion pounds in the period between July and September 2014. The budget deficit stood at 59.9 billion in the same period in the last fiscal year, according to a Finance Ministry statement. Budget ....
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Washington seeking real cooperation with Egypt, says diplomat
Date: 2014-11-12 09:17:32 GMT - Egypt - Economy - SN:14 - ID:1316581
The US administration is acting to support the Egyptian economy, said Senior Adviser to the US Secretary of State David Thorne Wednesday. Washington is keen on cooperating with Cairo at all levels, Thorne said, praising positive steps taken by ....
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Minister: Egypt, France have great opportunities for joint investments in mega projects
Date: 2014-11-12 08:34:21 GMT - Egypt - Economy - SN:11 - ID:1316133
Supply and Internal Trade Dr Khaled Hefni asserted that Egypt and France have good relations in all fields and could join hands in establishing investments in the mega national projects which are currently under construction in Egypt. Addressing ....
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Egypt, IMF start talks in Cairo
Date: 2014-11-11 16:22:07 GMT - Egypt - Economy - SN:20 - ID:1311477
A talking session between the Central Bank of Egypt and the International Monetary Fund started in Cairo on Tuesday. The session, the first in a series of talks on economic reforms in Egypt, focused on steps taken by the government to fix its ....
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CAEU head calls for comprehensive Arab economic integration
Date: 2014-11-11 16:08:21 GMT - Egypt - Economy - SN:45 - ID:1313133
Secretary-General of the Council of Arab Economic Unity (CAEU) Mohamed al-Rabea has called for a comprehensive Arab economic integration. Speaking at the 42nd meeting of the CAEU in Jordan, al-Rabea said that many countries were moving under a ....
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Investment min., businessmen discuss challenges facing investors
Date: 2014-11-11 14:53:44 GMT - Egypt - Economy - SN:40 - ID:1312401
Minister of investment Ashraf Salman held a meeting on Tuesday with businessmen to discuss ways to overcome challenges facing investors. The participants presented a number of proposals to develop work in the investment zones and industrial ....
