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Economy
- Service : English General
- Category : Economy
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Bourse closes Wednesday with collective gains
Date: 2015-08-26 13:31:35 GMT - Egypt - Economy - SN:68 - ID:3230069
CAIRO, Aug 26 (MENA) - Egypt's bourse indices recorded collective gains at the end of Wednesday's trading, amid intensive purchases by institutions and Arab and foreign investment funds. The market capital gained about 100 million pounds to hit ....
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EGX head, Austarlian diplomat discuss attracting investments to Egypt
Date: 2015-08-26 13:27:50 GMT - Egypt - Economy - SN:66 - ID:3229637
CAIRO, Aug 26 (MENA) – Head of the Egyptian Stock Exchange Mohamed Omran discussed on Wednesday with Australian Ambassador in Cairo Neil Hawkins ways of attracting more foreign investments to the Egyptian economy. This came during a meeting held ....
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Egyptian onion invades Indian market
Date: 2015-08-26 09:52:05 GMT - Egypt - Economy - SN:29 - ID:3227437
CAIRO, Aug 26 (MENA) - The Egyptian Agriculture Ministry has tapped a new market for Egyptian onion in India. As India's onion crop was spoiled over unstable environment conditions, Egypt will export 70,000 tons of onion to India. The first ....
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2nd forum of Egyptian-Lebanese business forum to take place in Cairo later in 2015
Date: 2015-08-25 17:31:09 GMT - Egypt - Economy - SN:95 - ID:3224633
CAIRO, Aug 25 (MENA) - The Egyptian-Lebanese friendship association will organize a joint business forum, the second, in Cairo during the months of October and November. A program will be outlined in coordination with the economy and business ....
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CBE fixes US dollar exchange rate
Date: 2015-08-25 16:37:13 GMT - Egypt - Economy - SN:90 - ID:3224429
CAIRO, Aug 25 (MENA) - The Central Bank of Egypt (CBE) stabilized on Tuesday the exchange rate of the US dollar at 7.73 pounds. A banking source told MENA that the bank stabilized the price in a tender to become 7.78 for buying and 7.83 for sale, ....
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Passenger arrested with 1.9mn riyals at Cairo airport
Date: 2015-08-25 16:16:29 GMT - Egypt - Economy - SN:86 - ID:3224349
CAIRO, Aug 25 (MENA) - Cairo International Airport police have foiled an attempt by an Egyptian passenger to smuggle some 1.9 million Saudi riyals out of the country. The passenger was planning to deliver the money to two exchange companies in ....
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Egyptian bourse chief says stable exchange market no longer exists
Date: 2015-08-25 14:54:12 GMT - Egypt - Economy - SN:73 - ID:3223569
CAIRO, Aug 25 (MENA) – Egyptian Bourse chief Mohamed Omran said Tuesday the era of stable exchange markets no longer exists. In a statement, Omran said volatility of global markets became normal in the past few years, noting that it was premature ....
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Finance minister lauds amendments to tax law
Date: 2015-08-25 14:31:09 GMT - Egypt - Economy - SN:68 - ID:3223153
CAIRO, Aug 25 (MENA) - Finance Minister Hany Qadry has defended recent amendments made to the tax law, stressing they are meant to relax measures for citizens and support economic growth. In its new shape, the tax law is hoped to attract ....
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Egyptian bourse regains EGP 4bn
Date: 2015-08-25 13:30:23 GMT - Egypt - Economy - SN:56 - ID:3222741
CAIRO, Aug 25 (MENA) – The Egyptian Exchange regained EGP 4 billion at the end of Tuesday trading, supported by purchases of Egyptian and Arab investment funds and organizations. The move came on the back of the recent positive developments in ....
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Egyptian youth launch initiative to support EGX
Date: 2015-08-25 13:16:31 GMT - Egypt - Economy - SN:53 - ID:3222101
CAIRO, Aug 25 (MENA) - A group of Egyptian youth have launched an initiative to support the Egyptian Exchange (EGX) after a wave of sharp decline in share prices. "The EGX is a Chance" initiative is meant to support the bourse through youth ....
