Economy

  • Service : English General
  • Category : Economy
  • Minister: Reports on dividing Telecom Egypt mere rumors

    Date: 2015-07-01 09:16:09 GMT - Egypt - Economy - SN:31 - ID:2899785

    CAIRO, July 1 (MENA) - Minister of Communications and Information Technology Khaled Negm refuted on Wednesday rumors on dividing Telecom Egypt, terming it as the most prestigious company in the Middle East and Africa thanks to its possession of ....

  • global 2: Globeleq celebrates completion of the Azito power plant expansion in Côte d'Ivoire

    Date: 2015-07-01 07:02:54 GMT - United Kingdom - Economy - SN:9 - ID:2899141

    LONDON, July 1, 2015 /PRNewswire/MENA -- Globeleq, the leading independent power producer in Africa, celebrated the completion of the expansion and conversion to combined cycle of its majority-owned Azito gas-to-power plant near Abidjan, Côte ....

  • Mahlab explores Telecom Egypt updates

    Date: 2015-06-30 22:06:44 GMT - Egypt - Economy - SN:132 - ID:2898389

    CAIRO, June 30 (MENA) – Prime Minister Ibrahim Mahlab held a meeting Tuesday with Minister of Communications and Information Technology Khaled Negm and Board Chairman of Telecom Egypt (TE) Mohamed Salem. The meeting took up the landline network ....

  • Global (3): Ellen DeGeneres Debuts New Lifestyle Collection, ED on EDbyEllen.com

    Date: 2015-06-30 14:33:40 GMT - USA - Economy - SN:84 - ID:2896261

    - Collection sold exclusively on EDbyEllen.com NEW YORK, June 30, 2015 /PRNewswire/MENA/ -- Ellen DeGeneres debuted her new lifestyle collection, ED on EDbyEllen.com today. Featuring an array of product categories including home, apparel and ....

  • AIIB to contribute to funding of Suez Canal Corridor, says diplomat

    Date: 2015-06-30 13:35:33 GMT - China - Economy - SN:71 - ID:2895053

    BEIJING, June 30 (MENA) - A newly established Asian Infrastructure Investment Bank (AIIB) will act to fund infrastructure projects in Asia, including Egypt's Suez Canal Development Corridor, the Egyptian ambassador here has said. The temporary ....

  • Egypt Bourse, gov't banks off Wednesday

    Date: 2015-06-30 10:18:31 GMT - Egypt - Economy - SN:40 - ID:2893585

    CAIRO, June 30 (MENA) - The Egyptian Stock Exchange (EGX)'s Chairman Mohamed Omran said on Tuesday that the bourse will close on Wednesday on the occasion of the start of the new Fiscal Year 2015/2016. In a related context, an official source ....

  • Finance Ministry auctions T-bonds worth 5.250 bln

    Date: 2015-06-29 16:19:03 GMT - Egypt - Economy - SN:142 - ID:2889457

    CAIRO, June 29 (MENA) - The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 5.250 billion. In an online statement, the ministry said it sold EGP 2 billion of 3-year, EGP 1.250 million of 7-year and EGP 2 billion of ....

  • Sisi assigns ACA chief to solve investors' problems

    Date: 2015-06-29 13:36:44 GMT - Egypt - Economy - SN:86 - ID:2887229

    CAIRO, June 29 (MENA) – President Abdel Fattah El Sisi has assigned Chairman of the Administrative Control Authority (ACA) Mohamed Erfan Gamaleddin to meet with investors and solve their problems. Presidential spokesman Alaa Youssef said the step ....

  • Bourse loses EGP 4.5 bn after assassination plot of top prosecutor

    Date: 2015-06-29 12:36:14 GMT - Egypt - Economy - SN:68 - ID:2887201

    CAIRO, June 29 (MENA) - The Egyptian Exchange closed on Sunday with losses amounting to EGP 4.5 billion and its indexes were all down after a bomb targeted the motorcade of Prosecutor General Hisham Barakat this morning and left him injured. The ....

  • Egypt, Sudan, S. Sudan trade surplus down in 2014 - report

    Date: 2015-06-29 11:35:45 GMT - Egypt - Economy - SN:53 - ID:2885845

    CAIRO, June 29 (MENA) – The trade surplus between Egypt, Sudan and South Sudan was down from $459.1 million in 2013 to $280.1 million in 2014. Egypt's exports to Sudan and South Sudan declined in 2014 reaching $394 million against $533.4 million in ....

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