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Economy
- Service : English
- Category : Economy
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Egypt bourse loses 12.7 bln pounds within week
Date: 2014-09-12 06:58:23 GMT - Egypt - Economy - SN:4 - ID:923397
The Egyptian bourse lost 12.7 billion pounds during the week trading. The market capital reached 516.4 billion pounds. The EGX 30 benchmark index declined 1.8 percent to reach 9,476 points. The EGX 70 index of small and medium sized ....
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182-, 357-day T-bills auctioned
Date: 2014-09-11 14:21:01 GMT - Egypt - Economy - SN:20 - ID:920905
The Finance Ministry auctioned on Sunday 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 with an average yield of 12.16%, adding it accepted bids at rates ....
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Egypt bourse loses 4.7 bln pounds; index down 1.1 pct
Date: 2014-09-11 14:19:06 GMT - Egypt - Economy - SN:19 - ID:920893
The Egyptian bourse slipped at end of trading on Thursday prompted by intensive selling by investment funds and local institutions. The market capital lost 4.7 billion pounds to reach 516.5 billion pounds amid transactions amounting to 830 ....
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Petroleum min. meets Jordan's industry min. on coop.
Date: 2014-09-11 14:12:57 GMT - Egypt - Economy - SN:18 - ID:920853
Petroleum Minister Sherief Ismail met on Thursday with visiting Jordanian Industry, Trade and Supply Minister Hatem Halawani. The meeting took up ways of bolstering mutual cooperation and exchanging expertise in the fields of phosphate ....
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Bourse indices collectively down, its capital loses EGP 2.7 bn
Date: 2014-09-10 13:22:32 GMT - Egypt - Economy - SN:52 - ID:915808
The Egyptian Exchange (EGX) has failed to maintain its morning gains, closing down by collective loss resulted from the intensive selling of major and leading shares by investment funds, local and Arab institutions. Market capital lost EGP 2.7 ....
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New Suez Canal project revenues will hit USD 100 bil. – EBCC head
Date: 2014-09-10 11:58:34 GMT - United Kingdom - Economy - SN:48 - ID:915586
Chairman of the Egyptian-British Chamber of Commerce (EBCC) Taher Sharif said the New Suez Canal revenues are expected to reach USD 100 billion annually. "This project could be considered as an upgrade of the Suez Canal," he told MENA. He ....
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Egypt, WB to sign $500m agreement to finance natural gas project
Date: 2014-09-10 10:37:18 GMT - Egypt - Economy - SN:43 - ID:915362
Deputy World Bank President for the Middle East and North Africa Inger Indersen on Wednesday said that the Bank will sign on Thursday an agreement with Egypt at a total value of 500 million dollars. At a press conference, she added that the funds ....
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Trade between Egypt, Greece expected to hit 3b euro by year end - amb.
Date: 2014-09-10 08:31:41 GMT - Egypt - Economy - SN:29 - ID:915047
Trade between Egypt and Greece is expected to reach three billion euros by the end of the year, said Greek Ambassador to Egypt Chris Lazaris. In an interview with MENA, the diplomat said Greece is Egypt's fourth biggest European investor with 173 ....
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Egyptian exports to UK in 2014 1H 46% higher
Date: 2014-09-09 17:39:36 GMT - United Kingdom - Economy - SN:65 - ID:914385
Egyptian exports to Britain went up by 46% during the first half of 2014 in comparison with the same period in 2013. The amount of the Egyptian exports to Britain reached £ 495 million in January-June while it was only £ 340 million in the first ....
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Project to preserve national archives under way -- minister
Date: 2014-09-09 17:01:51 GMT - Egypt - Economy - SN:61 - ID:914358
A project to preserve and modernize the national archives of the real estate tax authority has been launched, the minister of finance said. The project aims to preserve a treasure of ancient namuscripts, documents and files that have been kept ....
