Economy

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  • Tourism Ministry to pay financial aid to people harmed by receding travel movement

    Tourism Ministry to pay financial aid to people harmed by receding travel movement

    Date: 2013-07-22 10:49:12 GMT - Egypt - Economy - SN:15 - ID:210615

    The Tourism Ministry has decided to pay financial aid to people working in bazars and on cruise ships as well as owners of cabriolets in Luxor who have been affected by the receding travel movement. The aid will be paid on Ramadan 27, chairman ....

  • Bourse gains EGP 4.4 bn, main index up

    Bourse gains EGP 4.4 bn, main index up

    Date: 2013-07-21 16:29:07 GMT - Egypt - Economy - SN:21 - ID:209804

    The Egyptian Exchange (EGX) gained EGP 4.4 billion at the close of Sunday trading amid intensive purchases by institutions and equities of leading shares. The market capital hit today EGP 360.6 billion after transactions amounting EGP 318.9 ....

  • Egypt bourse off Tuesday

    Egypt bourse off Tuesday

    Date: 2013-07-21 14:40:04 GMT - Egypt - Economy - SN:19 - ID:209631

    Egypt's Bourse will close on Tuesday to observe the official holiday of the July 23 Revolution. Trading will resume on Wednesday, the bourse said in a released statement on Sunday. ....

  • Egypt auctioned T-bonds at EGP 145.764 bn in second quarter of 2012/2013

    Egypt auctioned T-bonds at EGP 145.764 bn in second quarter of 2012/2013

    Date: 2013-07-21 14:26:56 GMT - Egypt - Economy - SN:17 - ID:209606

    The Finance Ministry has auctioned 91-day, 182-day, 273-day and 364-day treasury bills and 3-year, 5-year, 7-year and 10-year treasury bonds worth 145.764 billion EGP in the second quarter of fiscal year 2012/2013. In an online statement, the ....

  • Bourse gains EGP 2 bn

    Bourse gains EGP 2 bn

    Date: 2013-07-21 11:36:37 GMT - Egypt - Economy - SN:10 - ID:209278

    CAIRO (MENA) - The Egyptian Exchange (EGX) gained EGP 2.1 billion during Sunday's trading amid heavy purchases of Egyptian and Arab investors. The market capital hit EGP 358.3 billion. The EGX 30 benchmark index rose 1.03 percent to stand at ....

  • Varied performance at EGX, main index gains 1.3 pct

    Varied performance at EGX, main index gains 1.3 pct

    Date: 2013-07-19 12:24:00 GMT - Egypt - Economy - SN:8 - ID:206979

    The Egyptian Exchange (EGX) witnessed a varied performance over the past week. The market capital recorded gains of 2.1 billion pounds to hit 356.2 billion pounds. The EGX 30 benchmark index was up 1.3 percent to close at 5و347 ....

  • Samsung Egypt started production of TVs, screens units in Beni Suef - minister

    Samsung Egypt started production of TVs, screens units in Beni Suef - minister

    Date: 2013-07-18 18:22:16 GMT - Egypt - Economy - SN:22 - ID:206350

    South Korean electronics giant Samsung has started the production of TVs and screens units in Beni Suef governorate, with investments totaling about 1.9 billion pounds in the first phase, announced Trade and Industry Minister Mounir Fakhri ....

  • Egypt bourse makes limited gains, main index up 0.03 percent

    Egypt bourse makes limited gains, main index up 0.03 percent

    Date: 2013-07-18 18:13:21 GMT - Egypt - Economy - SN:19 - ID:206336

    The Egyptian Exchange (EGX) made limited gains at the close of trading on Thursday, as investors await the outcome of protests called by supporters of ousted president Mohamed Morsi on Friday nationwide. The market capital gained 30 million ....

  • 182-, 357-day T-bills auctioned

    182-, 357-day T-bills auctioned

    Date: 2013-07-18 18:11:04 GMT - Egypt - Economy - SN:18 - ID:206330

    The Finance Ministry auctioned on Thursday the 182-day and 357-day treasury bills at a total value of 7 billion pounds. In an online statement, the ministry said the average yield on the 182-day T-bills was 13.513%, adding it accepted bids at ....

  • Tourism Minister, Polish Amb. discuss bilateral relations

    Tourism Minister, Polish Amb. discuss bilateral relations

    Date: 2013-07-17 16:53:42 GMT - Egypt - Economy - SN:33 - ID:204844

    CAIRO (MENA) – Egypt's Minister of Tourism Hisham Zazou held a meeting on Wednesday with Ambassador of the Republic of Poland in Cairo Piotr Puchta. The meeting took up bilateral relations and boosting cooperation between the two countries. ....

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