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Economy
- Service : English General
- Category : Economy
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Bourse main index loses 6.2% during Ramadan
Date: 2015-07-16 13:44:19 GMT - Egypt - Economy - SN:52 - ID:2996337
CAIRO, July 16 (MENA) - The Egyptian Exchange indices slipped heavily during the holy fasting month of Ramadan over selling operations by investors due to internal, regional and international conditions, including the Greek crisis, the Iranian ....
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Egypt auctions T-bills, T-bonds
Date: 2015-07-16 13:42:15 GMT - Egypt - Economy - SN:51 - ID:2996449
CAIRO, July 16 (MENA) - The Finance Ministry auctioned on Thursday treasury bills and bonds at a total value of EGP 10.75 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 91-day T-bills. The average yield was 11.492%, ....
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Federation of Egyptians chamber of commerce welcomes cabinet's decision to cancel ban on cotton imports
Date: 2015-07-16 12:34:59 GMT - Egypt - Economy - SN:38 - ID:2995609
CAIRO, July 16 (MENA) - The Federation of Egyptian Chambers of Commerce welcomed the Cabinet's decision to cancel ban on cotton imports to Egypt. The federation, meanwhile, called for formulating an integrated study that takes into consideration ....
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Egypt bourse continues upward trend
Date: 2015-07-16 12:29:09 GMT - Egypt - Economy - SN:37 - ID:2995753
CAIRO, July 16 (MENA) - The Egyptian Exchange (EGX) continued its upward trend at the close of Thursday's trading, backed by purchases by Arab and foreign institutions and investment funds. The market capital achieved gains worth about 4.8 ....
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Pound jumps to seven-year high versus euro on policy divergence
Date: 2015-07-16 12:20:15 GMT - United Kingdom - Economy - SN:36 - ID:2995813
LONDON, July 16 (MENA) - The pound advanced to the strongest level in more than seven years against the euro, powered by prospects of a further divergence in monetary policy as the U.K.’s economy gathers momentum. Pound bulls got more ....
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US dollar exchange rate unchanged at EGP 7.83
Date: 2015-07-16 10:24:59 GMT - Egypt - Economy - SN:23 - ID:2994713
CAIRO, July 16 (MENA) - The exchange rate of the US dollar remained unchanged Thursday against the Egyptian pound traded on the official market, thanks to the measures adopted by the Central Bank of Egypt (CBE) to wipe out the black market. ....
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Int'l community needs to understand challenges in developing countries: minister
Date: 2015-07-15 15:09:14 GMT - Egypt - Economy - SN:76 - ID:2990985
CAIRO, July 15 (MENA) – Egypt's Minister of Finance Hany Qadry said on Wednesday that the developing countries face various challenges to bridge the financial gaps which should be understood by the international community. The minister made the ....
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1 Global-PRNewswire
Date: 2015-07-15 13:59:50 GMT - Kenya - Economy - SN:66 - ID:2990649
Rendeavour sponsors Global Entrepreneurship Summit - Africa's largest urban land developer is partner in US Government initiative in Nairobi NAIROBI, Kenya, July 15, 2015 /PRNewswire/ -- Rendeavour, Africa's largest urban land developer, ....
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182-, 357-day T-bills auctioned
Date: 2015-07-15 13:55:21 GMT - Egypt - Economy - SN:65 - ID:2990357
CAIRO, July 15 (MENA) - The Finance Ministry auctioned on Wednesday treasury bills at a total value of EGP 7.5 billion. In an online statement, the ministry said it sold EGP 3.5 billion of 182-day T-bills. The average yield was 11.737%, it said, ....
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EGX gains EGP 7.8bn
Date: 2015-07-15 12:17:37 GMT - Egypt - Economy - SN:47 - ID:2989745
CAIRO, July 15 (MENA) - The Egyptian Exchange (EGX) gained about 7.8 billion pounds at the end of Wednesday's trading on the back of purchases by Arab, foreign and local funds. The EGX 30 benchmark index leapfrogged by 2.55 percent to close at ....
