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Economy
- Service : English
- Category : Economy
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Turkish central bank moves to bolster lira amid clashes
Date: 2013-06-12 12:01:41 GMT - Turkey - Economy - SN:16 - ID:151720
ANKARA (MENA) - Turkish Central Bank organized fourth $50 million intra-day auction in a bid to stabilize the Turkish currency by raising the value of the lira against the dollar right after announcing its decision to embark on additional short-term ....
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Egyptian GDRs in London show mixed performance
Date: 2013-06-11 18:32:45 GMT - United Kingdom - Economy - SN:56 - ID:150858
LONDON (MENA) - The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance at the close of Tuesday's trading. The GDRs of Orascom Telecom and Orascom Construction Industries dropped by 2 and ....
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EGX regains EGP1.8bn, index up 1.52 pct
Date: 2013-06-11 18:05:25 GMT - Egypt - Economy - SN:48 - ID:150798
CAIRO (MENA) - The Egyptian Exchange (EGX) rebounded Tuesday retrieving 1.8 billion pounds of losses that mounted to more the 36 billion over the past seven sessions. The EGX 30 benchmark index rose 1.52 percent to close at 4848.60 points. ....
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Shura Council approves draft law on Electricity Company
Date: 2013-06-11 17:44:45 GMT - Egypt - Economy - SN:40 - ID:150768
CAIRO (MENA) – The Shura Council on Tuesday approved a draft law allowing the finance minister, as a representative of the government, to act as a guarantor for the Egyptian Electric Holding Company and its subsidiaries with regards to the loans it ....
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8th meeting of Egyptian-German committee on renewable energy kicks off
Date: 2013-06-11 17:12:59 GMT - Egypt - Economy - SN:34 - ID:150701
CAIRO (MENA) - The 8th meeting of the Egyptian-German Committee on Renewable Energy, Energy Efficiency and Environmental Protection (JECC) started on Tuesday at the headquarters of the Egyptian Electricity Ministry. In statements, Minister of ....
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No cuts in salaries of oil sector employees -- minister
Date: 2013-06-11 16:11:21 GMT - Egypt - Economy - SN:31 - ID:150616
CAIRO (MENA) - The oil minister promised on Tuesday that the salaries and bonuses of employees in the governmental oil sector, including the Egyptian General Petroleum Corporation Company will remain intact. Reports on planned cuts in monthly ....
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54 vessels transit Suez Canal
Date: 2013-06-11 16:05:12 GMT - Egypt - Economy - SN:29 - ID:150600
Egypt/Suez Canal 54 vessels transit Suez Canal ISMAILIA, Egypt, June 11 (MENA) - Fifty-four ships transited the Suez Canal on Tuesday, carrying a total cargo of 3.266 million tons. The south-bound convoy included 28 ships, carrying ....
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Qandil watches documentary on future of outsourcing industry in Egypt
Date: 2013-06-11 15:40:26 GMT - Egypt - Economy - SN:26 - ID:150562
CAIRO (MENA) - Prime Minister Hisham Qandil watched a documentary on the future of the outsourcing industry in Egypt which secures jobs for youth and helps in investment growth. This came during a press conference held at the technological ....
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Maadawi: Ministry's revenues up this year by 100 million EGP
Date: 2013-06-11 15:34:59 GMT - Egypt - Economy - SN:25 - ID:150549
SHARM EL-SHEIKH, Egypt (MENA) - Egyptian Civil Aviation Minister Wael el-Maadawi said the ministry's revenues rose this year by 100 million EGP in comparison with the previous year. Maadawi said the ministry decided to pay 250,000 EGP in bonuses ....
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Egypt's bourse shows varied performance
Date: 2013-06-11 15:20:58 GMT - Egypt - Economy - SN:24 - ID:150500
CAIRO (MENA) - The Egyptian Exchange showed varied performance at the beginning of trading on Tuesday amid purchases by Egyptian investors and sales by Arabs and foreigners. The market capital gained EGP 600 million to reach EGP 326.5 billion. ....
