Economy

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  • Category : Economy
  • Arab central banks' governors arrive in Cairo for Sunday meeting

    Date: 2015-09-11 15:40:08 GMT - Egypt - Economy - SN:74 - ID:3331549

    CAIRO, Sept 11 (MENA) - Several governors of Arab central banks arrived in Cairo Friday to take part in the 39th session of the Board of Governors of the Central Banks and Arab Monetary Institutions, slated for Sunday. The session will be chaired ....

  • Civil servant arrested over gold robbery

    Date: 2015-09-11 13:23:44 GMT - Egypt - Economy - SN:56 - ID:3330441

    CAIRO, Sept 11 (MENA) – A suspected civil servant was arrested at dawn in connection with stealing a large amount of gold bars from the Egyptian Mint Authority, acting head of the authority said Friday. In statements to MENA, Mohamed el Sobky ....

  • Blumberg Capital says it decided to invest in Egypt following Sisi's meeting

    Date: 2015-09-11 07:10:40 GMT - USA - Economy - SN:10 - ID:3328233

    WASHINGTON, Sept 11 (MENA) - Philip Blumberg, Founder and Chief Executive Officer of the Blumberg Capital Partners group of companies, said his corporation decided to invest in Egypt following a meeting with President Abdel Fattah El Sisi last ....

  • Bourse loses EGP 9.3 billion in week

    Date: 2015-09-10 20:24:10 GMT - Egypt - Economy - SN:124 - ID:3327733

    CAIRO, Sept 10 (MENA) - The Egyptian Exchange closed this week with losses amounting to EGP 9.3 billion. The capital market decreased by 2.1 percent to reach EGP 441 billion against 450.3 billion pounds last week. During the course of the week, ....

  • Egyptian GDRs in London show mixed performance

    Date: 2015-09-10 17:02:06 GMT - United Kingdom - Economy - SN:100 - ID:3326769

    LONDON, Sept 10 (MENA) – The Egyptian global depository receipts (GDRs) traded on London Stock Exchange (LSE) showed mixed performance at the close of Thursday's trading. The GDRs of Edita Food Industries rose by 2.94 percent to 19.25 dollars. The ....

  • Damietta Port receives 7 vessels

    Date: 2015-09-10 16:01:18 GMT - Egypt - Economy - SN:94 - ID:3326473

    DAMIETTA, Egypt, Sept 10 (MENA) - Damietta Port on Thursday received seven vessels, including three container ships and four cargo ships, spokesman for Damietta Port Authority Mamdouh el Sheity said. Eight ships left the port, including one ....

  • Lebanon seeks boosting relations with Egypt, says minister

    Date: 2015-09-10 13:59:00 GMT - Lebanon - Economy - SN:77 - ID:3325237

    BEIRUT, Sept 10 (MENA) – Lebanese Industry Minister Hussein Al Hajj Hassan said Thursday there is a political decision on boosting economic and trade exchange relations with Egypt, which would serve Lebanese political interests. Addressing a ....

  • Egypt seeks luring more Indian investments, says businessman

    Date: 2015-09-10 13:48:22 GMT - Egypt - Economy - SN:73 - ID:3324841

    CAIRO, Sept 10 (MENA) – Khaled Abo el Makarem, the head of the Egyptian side in the Egyptian-Indian Business Council, said the council seeks to lure more Indian investments to Egypt. In exclusive statements to MENA, Abo el Makarem added the ....

  • Egyptian-Polish partnerships to establish huge investment projects

    Date: 2015-09-10 12:00:22 GMT - Egypt - Economy - SN:57 - ID:3323753

    CAIRO, Sept 10 (MENA) – A number of Polish businessmen expressed their willingness to hold alliances and partnerships with Egyptian private sector in order to implement a number of huge projects in Egypt in the coming period, member of the Egyptian ....

  • Egyptian-Indian business council reformed

    Date: 2015-09-10 11:54:29 GMT - Egypt - Economy - SN:54 - ID:3323761

    CAIRO, Sept 10 (MENA) - Minister of Trade and Industry Mounir Fakhry Abdel Nour issued on Thursday a decision reforming Egypt's side at the Egyptian-Indian Business Council. Head of the Chemical and Fertilizers Export Council Khalid Abo el ....

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