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Economy
- Service : English
- Category : Economy
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EGX gains EGP 1.5bn; index up 1.1 pct
Date: 2015-11-25 15:29:53 GMT - Egypt - Economy - SN:12 - ID:3805217
The Egyptian Exchange (EGX) closed on Wednesday with gains backed by share purchases by local and Arab investment funds. The market capital achieved gains worth EGP 1.5 billion to reach EGP 414.9 billion, after transactions hit EGP 698.3 ....
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Egyptian GDRs in London show mixed performance
Date: 2015-11-24 18:29:30 GMT - United Kingdom - Economy - SN:13 - ID:3799162
The Egyptian global depository receipts (GDRs) traded on London Stock Exchange (LSE) showed mixed performance at the close of Tuesday's trading. The GDRs of Orascom Telecom went up 9.67 percent to 0.49 dollars. Also, Edita Food Industries went ....
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Egypt bourse loses EGP 5.2bn, index down to lowest level in 2 years
Date: 2015-11-24 14:32:30 GMT - Egypt - Economy - SN:9 - ID:3797290
The Egyptian Exchange (EGX) indices closed down on Tuesday to its lowest level in two years, amid fears of the consequences of downing a Russian warplane on the Syrian-Turkish border and the Arish terror attacks. The market capital lost about EGP ....
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91-, 266-day T-bills auctioned
Date: 2015-11-22 12:44:25 GMT - Egypt - Economy - SN:9 - ID:3780753
The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 7.5 billion. In an online statement, the ministry said it sold EGP 3 billion of 91-day T-bills. The average yield was 11.209%, it said, adding it accepted bids at ....
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Bourse recovers morning losses at closing
Date: 2015-11-18 13:47:05 GMT - Egypt - Economy - SN:10 - ID:3756845
The Egyptian Exchange (EGX) reversed its morning downward spiral at the close of trading on Wednesday amid intensive share purchases by Egyptian institutions and mutual funds, and Arab and foreign individuals. The market capital closed Wednesday ....
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Bourse makes gain at morning trading
Date: 2015-11-17 10:24:11 GMT - Egypt - Economy - SN:8 - ID:3747729
The Egyptian Exchange (EGX) achieved gains at the morning trading session of Tuesday amid share purchases by local mutual funds. The market capital gained EGP 3.4 billion to reach EGP 422.8 billion. The EGX 30 benchmark index soared 1.41 ....
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Egypt's bourse continues losses, EGX20 index down
Date: 2015-11-15 11:05:49 GMT - Egypt - Economy - SN:8 - ID:3733869
The Egyptian Exchange continued on Sunday losses all through the morning trading prompted by intensive sell-outs by investment funds and Egyptian and Arab foundations in the wake of the crash of a Russian plane in central Sinai last week and the ....
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CBE issues tender to sell dollars to banks
Date: 2015-11-11 13:01:29 GMT - Egypt - Economy - SN:9 - ID:3710725
The Central Bank of Egypt (CBE) issued a tender Wednesday to sell dollars to banks to help pay 25 percent of import requirements. Bankers are yet to determine the value of the tender. They said, however, that the tender has helped reduce the ....
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Supermarkets' chains to reduce prices of strategic foodstuffs
Date: 2015-11-11 08:05:23 GMT - Egypt - Economy - SN:2 - ID:3707641
Minister of Supply Khaled Hanafy said an agreement was reached with owners of mega supermarkets' chains to offer a discount on a large number of strategic foodstuffs. He said the amount of the discount and the commodities under the offer would ....
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Annual, monthly inflation rate up in October
Date: 2015-11-10 13:09:32 GMT - Egypt - Economy - SN:8 - ID:3703377
The annual inflation rate rose to 6.26 percent in October compared to 5.55 percent in September, the Central Bank of Egypt (CBE) announced on Tuesday. The CBE said that the monthly main inflation rate rose to 1.23 percent in October against 0.79 ....
