Economy

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  • Category : Economy
  • 182-, 364-day T-bills auctioned

    Date: 2015-08-05 15:09:11 GMT - Egypt - Economy - SN:93 - ID:3106389

    CAIRO,Aug 5 (MENA) - The Finance Ministry auctioned on Wednesday 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 11.588%, it said, adding ....

  • Egypt bourse loses EGP 2.3bn

    Date: 2015-08-05 13:42:19 GMT - Egypt - Economy - SN:63 - ID:3105861

    CAIRO, Aug 5 (MENA) - The Egyptian Exchange (EGX) shut on Wednesday's session collectively down. The main market capital lost about 2.3 billion pounds to hit 495 billion pounds, after transactions reached 1.3 billion pounds. The main ....

  • Egyptian expats' money transfers up in 3rd quarter of 2014/2015

    Date: 2015-08-05 11:12:03 GMT - Egypt - Economy - SN:31 - ID:3104153

    CAIRO, Aug 5 (MENA) - Egyptian expatriates' remittances increased during the third quarter of 2014/2015 to hit 4.9 billion dollars against 4.6 billion dollars in the corresponding period of last year, said the Central Agency for Public Mobilization ....

  • CBE: Hard currency reserve hits $18.5bn in July

    Date: 2015-08-05 11:10:57 GMT - Egypt - Economy - SN:30 - ID:3104445

    CAIRO, Aug 5 (MENA) - The Central Bank of Egypt (CBE) said on Wednesday that hard currency reserve with the bank hit 18.5 billion dollars at the end of July compared to 20.08 billion dollars at the end of May. In statements to MENA, bankers and ....

  • Global 1: Cambium Networks Successfully Demonstrates 245.8 Kilometer Inter-State Link

    Date: 2015-08-05 11:02:54 GMT - USA - Economy - SN:28 - ID:3104609

    - New world record achieved by Cambium Networks, breaking previous record of 243 kilometer link set by Ceragon Networks - ROLLING MEADOWS, Illinois, Aug. 5, 2015 /PRNewswire/ -- Cambium Networks™, a leading global provider of wireless broadband ....

  • US delivers to Egypt five turrets for M1A1 Abrams tanks

    Date: 2015-08-05 10:49:08 GMT - Egypt - Economy - SN:24 - ID:3097557

    CAIRO, Aug 5 (MENA) - The US handed over to Egypt on July 31 five turrets for M1A1 Abrams tanks, according to a statement issued by the US embassy in Cairo. The turrets were handed over at an air base in eastern Cairo, added the statement, ....

  • EFG-Hermes urges govt to lobby for development corridor project during inauguration ceremony of New Suez Canal

    Date: 2015-08-05 10:22:18 GMT - Egypt - Economy - SN:22 - ID:3103493

    CAIRO, Aug 5 (MENA) - CEO of EGF-Hermes Karim Awad has urged the Egyptian government to use the inauguration ceremony of the New Suez Canal to promote development projects along its corridor. Egypt should use this big event and the international ....

  • Expanding Suez Canal waterway to turn area into economic hub - minister

    Date: 2015-08-05 07:53:32 GMT - Egypt - Economy - SN:10 - ID:3102693

    CAIRO, Aug 5 (MENA) - Transport Minister Hani Dahi stressed on Wednesday that expanding the Suez Canal waterway will turn the area into an economic and industrial hub. "We should not rush the economic benefits of the new Canal because expanding ....

  • Saudi ambassador to Egypt: Saudi investments will be boosted soon

    Date: 2015-08-04 16:21:01 GMT - Egypt - Economy - SN:87 - ID:3100601

    CAIRO, Aug 4 (MENA) – Saudi Ambassador to Egypt Ahmed Abdulaziz Al Qattan said Tuesday the coming stage would witness a major increase in Saudi investments in Egypt. At a meeting with a number of Egyptian editors-in-chief, including MENA's Alaa ....

  • Global/PRNewswire (4): Leading E-Cigarette And Regulatory Expert Joins Nicopure Labs, LLC Executive Team

    Date: 2015-08-04 15:24:12 GMT - USA - Economy - SN:77 - ID:3100537

    TAMPA, Florida, Aug. 4, 2015 /PRNewswire/MENA -- Nicopure Labs, LLC, the leading e-liquid and vaping device manufacturer of Halo, eVo, Triton and G6 brands, today announced the appointment of Patricia I. Kovacevic as General Counsel and Chief ....

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