Economy

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  • Category : Economy
  • Global/PRNewswire (2):Agribusiness Opportunities in Africa to be Revealed at 4th Commercial Farm Summit

    Date: 2015-08-11 08:21:30 GMT - Zambia - Economy - SN:11 - ID:3137841

    LUSAKA, Zambia, Aug. 11, 2015 /PRNewswire/ -- A comprehensive discussion focusing on latest opportunities in Africa's commercial farming -- across palm oil, cassava, cocoa, grains, sugar, soybean, fruits & vegetables as well as investments, PPPs, ....

  • Global-PRNewswire(2):The Family and Lawyer of Washington Post Journalist Jason Rezaian Provide Reaction as His Trial Concludes

    Date: 2015-08-10 19:05:04 GMT - USA - Economy - SN:83 - ID:3136725

    WASHINGTON, Aug. 10, 2015 /PRNewswire/ -- The final hearing in Washington Post reporter Jason Rezaian's case was held in Tehran's Revolutionary Court today. After more than a year of fighting for Jason's innocence and release, his brother, Ali ....

  • Annual inflation rate down to 6.49 pct in July - CBE

    Date: 2015-08-10 16:08:12 GMT - Egypt - Economy - SN:59 - ID:3135521

    CAIRO, Aug 10 (MENA) - The annual inflation rate declined to 6.49 percent in July, compared by 9.07 percent in June, announced the Central Bank of Egypt (CBE). In a statement Monday, the CBE said that the monthly main inflation rate hit 0.3 ....

  • CIB Egypt joins China's 'One Belt One Road' initiative

    Date: 2015-08-10 15:30:06 GMT - Egypt - Economy - SN:55 - ID:3134869

    CAIRO, Aug 10 (MENA) - ​​​The Commercial International Bank – Egypt (CIB) has been selected by the Bank of China to represent the African continent to join the "One Belt One Road" initiative, the bank said in a statement. The "One Belt One Road" ....

  • Telecom Egypt profits hit EGP 932 in 6 months

    Date: 2015-08-10 14:12:17 GMT - Egypt - Economy - SN:44 - ID:3133897

    CAIRO, Aug 10 (MENA) - Telecom Egypt achieved profits in the first six months of the year hitting 932 million pounds against 763 millions in the first half of last year. In a statement it sent to the Egyptian bourse on Monday, Telecom Egypt said ....

  • El Masryeen Steel pumps additional EGP 600mn in Egyptian market

    Date: 2015-08-10 11:09:42 GMT - Egypt - Economy - SN:30 - ID:3133125

    CAIRO, Aug 10 (MENA) - The El Masryeen Steel Company has increased its capital from EGP 1.7 billion to EGP 2.3 billion. The increase comes as part of expansion plans and a rise in investments of the company in the Egyptian market, said Wael ....

  • Global-PRNewswire(1):Honghua Signs RMB 760 Million Construction Agreement with LNG Power Shipping

    Date: 2015-08-10 06:43:31 GMT - China - Economy - SN:4 - ID:3131001

    - Further Expands Offshore Business and Optimizes Diversified Business Layout CHENGDU, China, Aug. 10, 2015 /PRNewswire/ MENA/-- Honghua Group Ltd ("HH") (Stock Code: 196.HK), a leading global land drilling rig manufacturer, is pleased to ....

  • EGX loses EGP 5.5 bn

    Date: 2015-08-09 14:07:05 GMT - Egypt - Economy - SN:51 - ID:3127981

    CAIRO, Aug 9 (MENA) - The Egyptian Exchange (EGX) indexes were all down at the close of trading on Sunday pushed by share sales of Arab and Egyptian institutions and investment funds. The market capital lost about EGP 5.5 billion to hit EGP 489.5 ....

  • 65 vessels cross new Suez Canal on 3rd day of operation

    Date: 2015-08-09 13:26:08 GMT - Egypt - Economy - SN:46 - ID:3127877

    ISMAILIA, Aug 9 (MENA) – Sixty-five ships transited the Suez Canal on Sunday on the third day of the official operation of the new canal project. The vessels were carrying a total cargo of 3.839 million tons, according to a statement issued by ....

  • Supply Ministry: Italy's Mulmix suggests establishing silos, grain storage in Egypt

    Date: 2015-08-09 09:22:33 GMT - Egypt - Economy - SN:16 - ID:3125833

    CAIRO, Aug 9 (MENA) - Italy's Mulmix SpA has suggested establishing a number of silos and grain storage in a number of governorates in Egypt as well as the logistics and grain center that will be established in the city of Damietta. This came ....

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