Economy

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  • Category : Economy
  • ERTU chairman meets head of EBRD office in Egypt

    Date: 2015-08-27 15:24:27 GMT - Egypt - Economy - SN:82 - ID:3237553

    CAIRO, Aug 27 (MENA) - Egyptian Radio and Television Union (ERTU) Chairman Essam el Amir met Thursday with the Head of the European Bank for Reconstruction and Development's (EBRD) office in Egypt Philip ter Woort . The two sides probed how can ....

  • 182-, 357-day T-bills auctioned

    Date: 2015-08-27 14:55:33 GMT - Egypt - Economy - SN:78 - ID:3236985

    CAIRO, Aug 27 (MENA) - The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 8 billion. In an online statement, the ministry said it sold EGP 3.5 billion of 182-day T-bills. The average yield was 11.570%, it said, ....

  • Luxor governor probes aspects of unified investment plan

    Date: 2015-08-27 14:51:42 GMT - Egypt - Economy - SN:75 - ID:3236909

    LUXOR, Upper Egypt, Aug 27 (MENA) - Luxor Governor Mohamed Badr held a meeting Thursday with the head of cities and directorates to discuss the aspects of the unified investment plan for the governorate during the fiscal year 2015-2016. The ....

  • Egypt bourse recoups losses

    Date: 2015-08-27 13:56:04 GMT - Egypt - Economy - SN:70 - ID:3236889

    CAIRO, Aug 27 (MENA) - The Egyptian Exchange (EGX) indices managed to recoup part of their losses incurred at the close of Thursday's trading, backed by intensive purchase from institutions, Arab, foreign and local investment funds. The market ....

  • Global (5): The 118th Canton Fair "The perfect platform for boosting Sino-African trade"

    Date: 2015-08-27 13:05:55 GMT - China - Economy - SN:62 - ID:3236509

    GUANGZHOU, China, Aug. 27, 2015 /PRNewswire/ -- This autumn the Canton Fair will boost Sino-African trade through the continuation of its successful partnership with China Southern Airlines (CSA). CSA is offering all African attendees discounted ....

  • Global (4): African Education Officials to Explore School Dropout at International Summit

    Date: 2015-08-27 12:46:28 GMT - USA - Economy - SN:55 - ID:3236317

    WASHINGTON, Aug. 27, 2015 /PRNewswire/ -- Education officials from Nigeria, Morocco, Egypt, Senegal, Zambia and Tanzania will join approximately 200 experts and government representatives at a two-day summit here to explore drivers of school dropout ....

  • Global (3): Fragrance Du Bois Returns to Tangs

    Date: 2015-08-27 11:44:06 GMT - Singapore - Economy - SN:43 - ID:3235829

    SINGAPORE, Aug. 27, 2015 /PRNewswire/MENA/ -- Fragrance Du Bois is proud to announce its return to TANGS' flagship store -- located in Singapore's world famous Orchard Road shopping district -- from the 21st of August to the 4th of September ....

  • Oil industry needs half a trillion dollars to endure price slump

    Date: 2015-08-27 11:40:59 GMT - USA - Economy - SN:39 - ID:3235569

    WASHINGTON, Aug 27 (MENA) - At a time when the oil price is languishing at its lowest level in six years, producers need to find half a trillion dollars to repay debt. Some might not make it. If oil stays at about $40 a barrel, the shakeout could ....

  • Supply Ministry to sign wheat-storage deal with Italy

    Date: 2015-08-27 10:43:53 GMT - Egypt - Economy - SN:34 - ID:3234697

    CAIRO, Aug 27 (MENA) - Ministry of Supply and Internal Trade will sign a wheat-storage deal with Italy during the coming few days, Minister of Supply and Internal Trade Khaled Hanafy said on Thursday. Acting upon the deal, the Italian side will ....

  • Egypt to suspend rice export as of September: min

    Date: 2015-08-27 10:34:06 GMT - Egypt - Economy - SN:33 - ID:3234777

    CAIRO, Aug 27 (MENA) - Egypt will suspend exporting all kinds of rice, except milled rice, as of September, the industry minister annouced. Mounir Fakhri Abdel Nour said the decision is meant to secure the local market needs of rice, according ....

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