Economy

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  • Category : Economy
  • Egyptian Mint Authority to undergo overhaul process

    Date: 2015-07-22 10:35:33 GMT - Egypt - Economy - SN:35 - ID:3022989

    CAIRO, July 22 (MENA) - Finance Minister Hani Qadry unveiled on Wednesday plans to develop the Egyptian Mint Authority either in terms of equipment or technology used to mint coins. "We will seek European help in this regard, especially from ....

  • Global/PRNewswire (2):TCL Corporation's Net Profit for the First Half of 2015 Exceeds $US 330 Million

    Date: 2015-07-22 06:11:42 GMT - China - Economy - SN:8 - ID:3021153

    SHENZHEN, China, July 22, 2015 /PRNewswire/MENA/ -- According to TCL Corporation's 2015 Interim Result Briefing released in July, the company has achieved an estimated net profit of 2.05 to 2.1 billion yuan (~$US 330-338 million) for the first half ....

  • Egypt buys 175,000 tons of wheat from Russia

    Date: 2015-07-21 17:28:09 GMT - Egypt - Economy - SN:89 - ID:3019933

    CAIRO, July 21 (MENA) - Egypt's General Authority For Supply Commodities (GASC) will buy 175,000 tons of wheat from Russia to produce subsidized bread. The wheat was purchased at 205.37 dollars per ton. The amounts will be shipped to Egypt ....

  • Finance Ministry auctions T-bills Wednesday

    Date: 2015-07-21 15:17:05 GMT - Egypt - Economy - SN:66 - ID:3018877

    CAIRO, July 21 (MENA) - The Finance Ministry decided to auction treasury bills on Wednesday instead of Thursday on the occasion of the July 23 anniversary. The Ministry said on its website that it will auction 182-day and 364-day bills worth 6 ....

  • Italian-Egyptian Business Council adopts Cairo economic reform plans

    Date: 2015-07-21 15:16:32 GMT - Egypt - Economy - SN:65 - ID:3018869

    CAIRO, July 21 (MENA) - The Italian-Egyptian Business Council has adopted Cairo's plans to achieve economic reform and increase investment opportunities. The chairman of the Italian side of the council, Marcello Sala, said building an integrated ....

  • GAFI: 773 companies established in Ramadan

    Date: 2015-07-21 14:39:12 GMT - Egypt - Economy - SN:59 - ID:3018497

    CAIRO, July 21 (MENA) - As many as 773 companies were established during the fasting month of Ramadan, said CEO of the General Authority for Investment and Free Zones (GAFI) Alaa Omar Tuesday. The total capital of the new companies neared 1.675 ....

  • EGX gains EGP 200m

    Date: 2015-07-21 13:49:47 GMT - Egypt - Economy - SN:52 - ID:3018301

    CAIRO, July 21 (MENA) - The Egyptian Exchange (EGX) gained about 200 million pounds at the end of Tuesday's trading amid a state of optimism as the count down for the opening of the New Suez Canal starts. The EGX 30 benchmark index leapfrogged ....

  • Global/PRNewswire (3): Warburg Pincus to Invest INR 1800cr in Piramal Realty; This Will be Amongst the Largest FDI in the Real Estate Sector in India

    Date: 2015-07-21 11:39:13 GMT - India - Economy - SN:35 - ID:3017309

    MUMBAI, July 21, 2015/PRNewswire/MENA/ -- Piramal Realty, the real estate development arm of Piramal Group, today announced that an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing, will invest INR ....

  • Egypt-Italy businness council: Italian companies willing to invest in Egypt

    Date: 2015-07-21 10:55:49 GMT - Egypt - Economy - SN:25 - ID:3016293

    CAIRO, July 21 (MENA) – Chairman of the Egyptian-Italian Business Council Khaled Abu Bakr asserted on Tuesday that Italian companies are willing to invest in Egypt, especially after the visit paid by President Abdel Fattah El Sisi to Italy in ....

  • Global/PRNewswire (2):Compunetix Expands UAE Presence with Integraltech and Commercial Bank of Dubai

    Date: 2015-07-21 06:11:08 GMT - USA - Economy - SN:1 - ID:3015161

    MONROEVILLE, Pennsylvania, July 21, 2015 /PRNewswire/MENA/ -- Compunetix, the meeting industry's leading provider of high definition collaboration platforms, is pleased to announce its newest reseller partnership with Integraltech Networks LLC, a ....

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