Economy

  • Service : English General
  • Category : Economy
  • Egyptian bourse loses 6.5 billion pounds

    Date: 2015-08-23 09:07:11 GMT - Egypt - Economy - SN:15 - ID:3206673

    CAIRO, Aug 23 (MENA) - The Egyptian Exchange started the week's trading on Sunday with losses amounting to EGP 6.5 billion. The capital market decreased to EGP 437.5 billion against 444 billion pounds. EGX 30 index went down by 3.55 percent ....

  • Egyptian GDRs in London show mixed performance

    Date: 2015-08-21 17:34:28 GMT - United Kingdom - Economy - SN:66 - ID:3199673

    LONDON, Aug 21 (MENA) - The Egyptian global depository receipts (GDRs) traded on London Stock Exchange (LSE) showed mixed performance at the close of Friday's trading. The GDRs of the Commercial International Bank (CIB) rose by 0.54 percent to ....

  • Bourse loses EGP 40 billion in week

    Date: 2015-08-20 21:55:04 GMT - Egypt - Economy - SN:110 - ID:3195677

    CAIRO, Aug 20 (MENA) - The Egyptian Exchange closed this week with losses amounting to EGP 40 billion. The capital market decreased to EGP 444 billion, 8 percent less than the week before. During the course of the week, the benchmark index EGX ....

  • Egyptian GDRs in London down

    Date: 2015-08-20 16:48:37 GMT - United Kingdom - Economy - SN:89 - ID:3194765

    LONDON, Aug 20 (MENA) - The Egyptian global depository receipts (GDRs) in London Stock Exchange dropped at the close of Thursday's trading. The GDRs of the Commercial International Bank (CIB) went down by 1.24 percent to reach 5.58 ....

  • Bourse loses EGP 3.6 bn

    Date: 2015-08-20 14:13:32 GMT - Egypt - Economy - SN:71 - ID:3193537

    CAIRO, Aug 20 (MENA) - The Egyptian Exchange (EGX) indexes were all down at the close of trading on Thursday pushed by share sales by Arab and foreign institutions and investment funds. The market capital lost about EGP 3.6 billion to hit EGP 444 ....

  • 182-, 364-day T-bills auctioned

    Date: 2015-08-20 13:46:29 GMT - Egypt - Economy - SN:65 - ID:3192965

    CAIRO, Aug 20 (MENA) - The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 7.5 billion. In an online statement, the ministry said it sold EGP 3 billion of 182-day T-bills. The average yield was 11.410%, it said, ....

  • Global-PRNewswire (1): Huawei Redefines Innovative ICT to Enable Smart Energy at its Global Energy Industry Summit 2015

    Date: 2015-08-20 06:35:32 GMT - Kazakhstan - Economy - SN:11 - ID:3190053

    ALMATY, Kazakhstan, Aug. 20, 2015 /PRNewswire/MENA/ -- With energy as a driving force for global economic development, energy companies around the world are encountering a multitude of challenges as they move towards digital transformation. Against ....

  • Industrial zone in Port Said to be built within one year: Mamish

    Date: 2015-08-19 22:39:51 GMT - Egypt - Economy - SN:93 - ID:3189281

    CAIRO, Aug 19 (MENA) - Head of Suez Canal Authority Mohab Mamish said on Wednesday that the establishment of an industrial zone in Port Said would take one year. During a phone interview with ONTV satellite channel, Mamish said the new project ....

  • Cabinet approves establishment of Suez Canal economic zone authority

    Date: 2015-08-19 20:11:45 GMT - Egypt - Economy - SN:85 - ID:3188841

    CAIRO, Aug 19 (MENA) – The Egyptian Cabinet, led by Prime Minister Ibrahim Mahlab, approved the establishment of a public authority for the Suez Canal economic zone. The approval came during the weekly Cabinet meeting Wednesday. The authority ....

  • Egypt investment minister discusses cooperation with his Macedonian counterpart

    Date: 2015-08-19 17:33:00 GMT - Egypt - Economy - SN:75 - ID:3188197

    CAIRO, Aug 19 (MENA) – Egypt Investment Minister Ashraf Salman held a meeting Wednesday with Macedonian Minister of Investment Bill Pavleski to discuss means to boost cooperation and investment. During the meeting, which was attended by the ....

Middle East News Agency © - designed and developed : GCSSD