Economy

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  • Abdel Nour embarks on visit to Kazakhstan next week

    Abdel Nour embarks on visit to Kazakhstan next week

    Date: 2014-10-11 11:19:34 GMT - Egypt - Economy - SN:33 - ID:1101149

    Minister of Industry and Trade Munir Fakhri Abdel Nour will embark next week on a visit to Kazakhstan that aims at bolstering joint trade and economic relations. A statement released on Saturday by the Ministry said Abdel Nour will meet with ....

  • Meetings with bank officials, IMF going on normally - Ramez

    Meetings with bank officials, IMF going on normally - Ramez

    Date: 2014-10-11 08:49:38 GMT - USA - Economy - SN:19 - ID:1100069

    The official meetings being held by the Egyptian delegation with a host of bank officials and the International Monetary Fund (IMF) are going on normally, said Central Bank of Egypt (CBE) Governor Hesham Ramez. Ramez further said that he will ....

  • Changes occurred in international approaches toward Egypt - NBE chairman

    Changes occurred in international approaches toward Egypt - NBE chairman

    Date: 2014-10-11 08:08:31 GMT - USA - Economy - SN:16 - ID:1099761

    Chairman of the National Bank of Egypt (NBE) Hesham Okasha said that a change took place in the international approaches toward Egypt, especially following recent meetings of Egypt's President Abdel Fattah El Sisi. Okasha's remarks came during a ....

  • Egypt bourse loses EGP 4.4 billion during 2 sessions in week trading

    Egypt bourse loses EGP 4.4 billion during 2 sessions in week trading

    Date: 2014-10-10 07:27:06 GMT - Egypt - Economy - SN:1 - ID:1094213

    The Egyptian Exchange (EGX) lost 4.4 billion pounds during two sessions of the week trading and the market capital reached about 524.6 billion pounds. The EGX 30 benchmark index declined 1.8 percent to reach 9,552 points. The EGX 70 index of ....

  • 182-, 364-day T-bills auctioned

    182-, 364-day T-bills auctioned

    Date: 2014-10-09 13:06:02 GMT - Egypt - Economy - SN:17 - ID:1090689

    The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 7 billion. In an online statement, the ministry said it sold EGP 3 billion of 182-day T-bills. The average yield was 12.064%, it said, adding it accepted bids at ....

  • National committee of Renaissance Dam to convene in Cairo next Thursday - minister

    National committee of Renaissance Dam to convene in Cairo next Thursday - minister

    Date: 2014-10-09 12:48:55 GMT - Egypt - Economy - SN:16 - ID:1090581

    The national committee of the Renaissance Dam will convene in Cairo next Thursday to resume talks related to the road map approved by the water ministers of Egypt, Sudan and Ethiopia during their meetings in Khartoum, said Water Resources and ....

  • CBE: Foreign reserves up in September

    CBE: Foreign reserves up in September

    Date: 2014-10-09 11:21:38 GMT - Egypt - Economy - SN:11 - ID:1089741

    The Central Bank of Egypt (CBE) on Wednesday said that the country's foreign reserves have increased to hit 16.872 billion dollars in September. In a press release on its website, the CBE added that the figure was 16.836 billion dollars in August. ....

  • Industry minister in Meit Ghamr to stand on problems of Aluminum manufacturers

    Industry minister in Meit Ghamr to stand on problems of Aluminum manufacturers

    Date: 2014-10-09 10:21:01 GMT - Egypt - Economy - SN:7 - ID:1089153

    Trade and Industry Minister Monier Fakhri Abdel Nur met on Thursday with the members of Meit Ghamr investors association to know problems facing Aluminum manufacturers. There are 2,500 workshops operating in the Aluminum field in Meit Ghamr at ....

  • Supply minister discusses coop. with Canada

    Supply minister discusses coop. with Canada

    Date: 2014-10-09 08:51:00 GMT - Egypt - Economy - SN:2 - ID:1088333

    Supply Minister Khalid Hanafy met on Thursday with the trade commissioner of the Canadian Embassy in Cairo to discuss ways of promoting bilateral economic cooperation. Efforts exerted to establish silos and logistics centers in Egypt were tackled ....

  • Egyptian GDRs in London stable

    Egyptian GDRs in London stable

    Date: 2014-10-08 18:06:56 GMT - United Kingdom - Economy - SN:21 - ID:1086225

    The Egyptian global depository receipts (GDRs) in the London Stock Exchange showed stable performance at the close of Wednesday's trading. The GDRs of the Commercial International Bank (CIB) went down by 2.56 percent. The GDRs of EFG Hermes, ....

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