Economy

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  • Category : Economy
  • Total volume of accepted bids on dollars hit 37.8 mln: CBE

    Date: 2015-07-09 13:35:17 GMT - Egypt - Economy - SN:42 - ID:2950281

    CAIRO, July 9 (MENA) – The volume of accepted bids on US Dollars in Thursday's FX Auction hit 37.8 million, a Central Bank of Egypt (CBE) statement reads. The CBE offered 40 million at a cut-off price of 7.7301, it added. The US Dollar soared ....

  • Global/PRNewswire (3): APR Energy Extends and Expands 108MW of Power Generation Contracts in Africa

    Date: 2015-07-09 06:43:34 GMT - Senegal - Economy - SN:7 - ID:2948289

    JACKSONVILLE, Florida, July 9, 2015 /PRNewswire/MENA/ -- APR Energy plc (LSE: APR), a global leader in fast-track power solutions, today announces that it has extended and expanded its interim power solution for Societe Nationale d'Électricite du ....

  • Global/PRNewswire (2): YES BANK Allies with Taisys, Leading Digital Empowerment of Mobile Banking for India

    Date: 2015-07-09 06:20:48 GMT - India - Economy - SN:2 - ID:2948129

    TAIPEI, July 9, 2015 /PRNewswire/MENA/ -- As India Prime Minister Narendra Modi's announced 'Digital India Program' aimed to transform India into a digitally empowered society, Taisys Technologies declared its strategic partnership with YES BANK, ....

  • Global/PRNewswire (1): China International Furniture Fair (Shanghai) to Take Place in National Exhibition & Convention Center (Shanghai) this September

    Date: 2015-07-09 06:20:37 GMT - China - Economy - SN:1 - ID:2948109

    SHANGHAI, July 9, 2015 /PRNewswire/MENA/ -- The 36th China International Furniture Fair (Shanghai) (CIFF (Shanghai)) will take place in the National Exhibition & Convention Center (Shanghai) on September 8-12, 2015, featuring an unprecedented scale ....

  • Finance Ministry: EGP 2.6 bln to support exports in FY 2015-2016

    Date: 2015-07-08 16:04:37 GMT - Egypt - Economy - SN:64 - ID:2946069

    CAIRO, July 8 (MENA) – About EGP 2.6 billion will be allocated for supporting Egypt's exports in the FY 2015/2016 budget, the finance ministry said in a statement on Wednesday. Some of Export Development Fund's transfers will be allotted to back ....

  • IFC Middle East, North Africa Fund raises $125 million to spur growth in region

    Date: 2015-07-08 15:57:51 GMT - Egypt - Economy - SN:60 - ID:2946081

    CAIRO, July 8 (MENA) - The International Finance Corporation (IFC), a member of the World Bank Group, the Arab Fund for Economic and Social Development, the Arab Investment Company and The Arab Petroleum Investment Corporation have invested $125 ....

  • Bourse loses EGP 6.3bn, index drops to lowest level in 15 months

    Date: 2015-07-08 13:08:15 GMT - Egypt - Economy - SN:47 - ID:2944101

    CAIRO, July 8 (MENA) - The Egyptian Exchange (EGX) closed down on Wednesday to its lowest level in 15 months amid selling operations by local and foreign investment funds. The market capital lost about EGP 6.3 billion to hit EGP 472.8 billion, ....

  • Amendments to income tax law on Sisi's desk

    Date: 2015-07-08 13:07:53 GMT - Egypt - Economy - SN:46 - ID:2944109

    CAIRO, July 8 (MENA) - Amendments to the income tax law have been referred to President Abdel Fattah El Sisi, said head of the Tax Authority Abdel Men'em Mattar Wednesday. The amendments include a two-year delay of the Capital Gains Tax (CGT) ....

  • Global-PRNewswire 2

    Date: 2015-07-08 13:04:47 GMT - USA - Economy - SN:43 - ID:2944481

    The International Society of Aesthetic Plastic Surgery Releases Global Statistics on Cosmetic Procedures - Over 20 million cosmetic procedures were performed throughout the world in 2014 HANOVER, New Hampshire, July 8, 2015 /PRNewswire/ -- Over ....

  • Tax payments hit EGP 267 in 2014/2015 FY, says official

    Date: 2015-07-08 11:34:43 GMT - Egypt - Economy - SN:36 - ID:2943197

    CAIRO, July 8 (MENA) - Tax payments hit 267 billion pounds in the 2014/2015 fiscal year, Chairman of the Egyptian Tax Authority Abdel Moniem Matar said. The figure represents 90 percent of the total target, Matar said at a Ramadan sohour ceremony ....

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