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Economy
- Service : English
- Category : Economy
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FDIs hit $4.1b in 2013/14: CBE
Date: 2014-09-25 15:58:10 GMT - Egypt - Economy - SN:21 - ID:1013629
Egypt's foreign direct investments (FDIs) for the fiscal year 2013-2014 have hit USD 4.1 billion, the Central Bank of Egypt (CBE) has said. The FDIs hike was due to the large capital inflow in the oil sector that reached USD 1.6 billion, the CBE ....
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Egyptian tourism min. resumes meetings in France to support cultural tourism
Date: 2014-09-24 17:02:12 GMT - Egypt - Economy - SN:63 - ID:1006657
Tourism Minister Hisham Zazou resumed meetings in Paris to promote Egyptian cultural tourism. This comes as part of his European tour also including Italy and Germany. Zazou took part in IFTM Top Resa currently held in Paris. Ten Egyptian ....
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EGX loses EGP 1.25bn
Date: 2014-09-24 14:55:05 GMT - Egypt - Economy - SN:54 - ID:1005565
The Egyptian Exchange (EGX) lost 1.25 billion pounds at the end of trading Wednesday on the back of selling operations by Egyptian institutions and funds. The EGX 30 benchmark index declined by 0.42 percent to reach 9,718.75 points. The EGX 70 ....
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Tourist arrivals to Egypt up in July: CAPMAS
Date: 2014-09-24 10:59:18 GMT - Egypt - Economy - SN:41 - ID:1003253
Egypt received almost 886,000 tourists in July, 15.8 percent more than the same period in 2013. The tourists came mainly from Eastern Europe, making up 46.7 percent of the total influx in July, according to a report by the Central Agency for ....
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Egypt, Jordan to cooperate in nuclear energy
Date: 2014-09-24 07:16:40 GMT - Austria - Economy - SN:17 - ID:1001233
Egypt and Jordan agreed to cooperate in the nuclear energy domain during their meeting on the sidelines of the general conference of the International Atomic Energy Agency here, a Jordanian energy official said on Wednesday. Khaled Toukan, head ....
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Egypt bourse gains EGP 1.35 bn, all indexes up
Date: 2014-09-23 13:43:17 GMT - Egypt - Economy - SN:38 - ID:997589
The Egyptian Exchange made gains at the close of Tuesday’s trading session backed by purchases of local and Arab investors. The market capital achieved gains worth EGP 1.35 billion to reach EGP 526 billion after transactions hit EGP 563 ....
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Legislation reform panel receives draft investment law this week: PM
Date: 2014-09-23 13:41:08 GMT - Egypt - Economy - SN:37 - ID:997573
Prime Minister Ibrahim Mahlab said on Tuesday a draft investment law would be handed over to the legislation reform panel this week. Following a meeting with the panel, the premier told reporters that the meeting discussed speeding up issuance of ....
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Egypt banks to allocate 2% of net profits for societal projects
Date: 2014-09-23 12:28:00 GMT - Egypt - Economy - SN:26 - ID:996853
Chairman of the Federation of Egyptian Banks Hisham Ezz el-Arab has launched an initiative by which all banks operating in Egypt, including foreign banks, will allocate 2 percent of their net profits for societal projects. Addressing a forum ....
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Bourse indexes show mixed performance
Date: 2014-09-22 13:46:24 GMT - Egypt - Economy - SN:62 - ID:990153
The Egyptian Stock Exchange (EGX) indexes showed varied performance at the close of Monday's trading. The capital market lost about 470 million pounds to hit 524.7 billion pounds, amid transactions which reached about 671 million pounds. ....
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Egypt auctions T-bonds at EGP 2 billion
Date: 2014-09-22 12:10:28 GMT - Egypt - Economy - SN:57 - ID:989221
The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 2 billion. In an online statement, the ministry said it sold EGP 1.5 billion of 5-year and EGP 500 million of 10-year. The Central Bank of Egypt auctions T-bonds ....
