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Economy
- Service : English General
- Category : Economy
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Egyptian GDRs in London stable
Date: 2015-07-03 18:23:06 GMT - United Kingdom - Economy - SN:70 - ID:2916621
LONDON, July 3 (MENA) – The Egyptian global depository receipts (GDRs) traded on London Stock Exchange (LSE) showed stable performance at the close of Friday's trading. The GDRs of the Edita Food Industries, Orascom Telecom and EFG Hermes ....
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Eurozone lets Greece off hook for now on loan repayment
Date: 2015-07-03 15:54:01 GMT - Luxembourg - Economy - SN:60 - ID:2916113
LUXEMBOURG, July 3 (MENA) - Eurozone governments on Friday decided not to ask Greece for an immediate repayment of rescue loans from the currency union's bailout fund in response to Athens' default on its loan from the International Monetary Fund, ....
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Traders tentative ahead of Greek referendum
Date: 2015-07-03 15:04:28 GMT - Belgium - Economy - SN:51 - ID:2915561
BRUSSELS, July 3 (MENA) - Equity, fixed income and forex markets are struggling to establish clear trends as caution prevails ahead of the Greek “cash for reforms” referendum on Sunday. Wall Street’s closure for Independence Day is removing a ....
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Treasury bills worth EGP 80bn to be auctioned within July
Date: 2015-07-03 12:44:56 GMT - Egypt - Economy - SN:40 - ID:2914301
CAIRO, July 3 (MENA) - The Finance Ministry plans to offer treasury bills at a total value of 80 billion pounds during July. The Finance Ministry will auction 91-day, 182-day, 273-day, 364-day, three-year, five-year, seven-year and 10-year ....
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China to probe stock market manipulation
Date: 2015-07-03 11:02:01 GMT - China - Economy - SN:31 - ID:2913901
BEIJING, July 3 (MENA) - China's securities regulator will investigate suspected manipulation of the stock market. The regulator said that it would be looking into whether parties were mis-selling financial products, the BBC reported on ....
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Egypt bourse loses EGP 2.2bn in week
Date: 2015-07-03 07:40:46 GMT - Egypt - Economy - SN:10 - ID:2912773
CAIRO, July 3 (MENA) - The Egyptian Exchange closed this week with losses amounting to EGP 2.2 billion and its indexes were all down. This week had only three trading sessions due to vacations on the second anniversary of the June 30 revolution ....
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Finance to issue EGP 262 bln T-bills, bonds
Date: 2015-07-02 18:10:17 GMT - Egypt - Economy - SN:125 - ID:2911313
CAIRO, July 2 (MENA) – The Ministry of Finance plans to auction treasury bills at a total value of EGP 262 billion in the first quarter of the 2015-2016 fiscal year. In a statement, the ministry said it will sell EGP 35.5 billion of 91-day ....
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Egypt targets 5% economic growth in 2015/2016
Date: 2015-07-02 14:57:42 GMT - Egypt - Economy - SN:103 - ID:2908217
CAIRO, July 2 (MENA) - Egypt's economic growth rate is expected to hit 5 percent in 2015/2016, the Finance Ministry said on Thursday. In a statement on Egypt's 2015/2016 draft general budget, the ministry pointed out that it targets reaching a ....
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EGX agrees on Emaar Misr's capital increase
Date: 2015-07-02 12:51:41 GMT - Egypt - Economy - SN:77 - ID:2908329
CAIRO, July 2 (MENA) – The Egyptian Exchange has agreed on the capital increase of Egypt's Emaar Misr for Development by EGP 600 million to reach EGP 4.6 billion, EGX Chairman Mohamed Omran said. The subscription of Emaar Misr shares will add ....
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Growth rate hits 4.7% in nine months - report
Date: 2015-07-02 12:32:35 GMT - Egypt - Economy - SN:72 - ID:2908321
CAIRO, July 2 (MENA) – Egypt's growth rate hit 4.7% during the period between July-March 2014/2015, the Planning Ministry said. Unemployment rate reached 12.8% in the nine-month period, while youth unemployment declined to 32.8%, the ministry ....
