Economy

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  • Category : Economy
  • Global-PRNewswire (1):Huge Global Investment Ploughed Into Africa's Telecoms Industry

    Date: 2015-06-22 06:23:08 GMT - Tanzania - Economy - SN:7 - ID:2840685

    Global-PRNewswire 22/6/2015 DAR ES SALAAM, Tanzania, June 22, 2015/PRNewswire/MENA/ -- The telecoms industry forms a crucial foundation to Africa's economic growth affecting all aspects of the business and social sphere. The continent has ....

  • Egypt's growth rate hits 5.6% in FY15

    Date: 2015-06-21 18:32:08 GMT - Egypt - Economy - SN:91 - ID:2839309

    CAIRO, June 21 (MENA) – Egypt's growth rate accelerated to 5.6% during the first half of FY15, compared to a dismal 1.2% in the same period last year, the World Bank reported. Under a report titled "Egypt Economic Monitor, Spring 2015: Paving the ....

  • Global-PRNewswire (2): Atlas Copco Awarded ISO 22000 - Food Safety System Certification - for its Production Facility in Antwerp, Belgium

    Date: 2015-06-21 14:15:19 GMT - Belgium - Economy - SN:63 - ID:2838321

    ANTWERP, Belgium, June 21, 2015 /PRNewswire/MENA/ -- Atlas Copco is the first compressor manufacturer to receive ISO 22000 certification by Lloyds Register for its production facility in Antwerp, Belgium, which manufactures state-of-the-art ....

  • Energy 'crucial' for economic boom - investment min.

    Date: 2015-06-21 14:05:59 GMT - Egypt - Economy - SN:60 - ID:2837557

    CAIRO, June 21 (MENA) - Investment Minister Ashraf Salman underlined the importance of starting the implementation of electricity and renewable energy projects as soon as possible to meet the demand in energy in line with the government's investment ....

  • Egypt bourse loses EGP 1.6bn, index down 4.8%

    Date: 2015-06-21 12:29:01 GMT - Egypt - Economy - SN:42 - ID:2837393

    CAIRO, June 21 (MENA) - The Egyptian Exchange (EGX) closed down on Sunday amid selling operations by Arab institutions and investment funds and purchase by Egyptian and foreign individuals. The market capital lost about EGP 1.6 billion to hit ....

  • Global 1:Sharjah Islamic Bank Selects Finacle e-Banking and Mobile Banking Solutions to Provide Superior Channel Services

    Date: 2015-06-21 06:32:53 GMT - United Arab Emirates - Economy - SN:5 - ID:2834933

    SHARJAH, UAE, June 21, 2015/PRNewswire-FirstCall/ MENA-- Infosys (NYSE: INFY), a global leader in consulting, technology, outsourcing and next-generation services, today announced that Sharjah Islamic Bank (SIB), a leading Sharia-compliant bank ....

  • EBCC lauds economic performance in Egypt

    Date: 2015-06-20 12:08:51 GMT - United Kingdom - Economy - SN:41 - ID:2831421

    LONDON, June 20 (MENA) - The Egyptian British Chamber of Commerce is pleased with the economic performance in Egypt one year after President Abdel Fattah El Sisi has taken office. The economic performance over the past year has been excellent ....

  • Egyptian GDRs in London up

    Date: 2015-06-19 18:33:00 GMT - United Kingdom - Economy - SN:69 - ID:2828765

    LONDON, June 19 (MENA) – The Egyptian global depository receipts (GDRs) traded on London stock exchange upped on Friday. The GDRs of Commercial International Bank (CIB) and EFG Hermes went up by 1.22 percent and 1.22 percent to 7.45 dollars and ....

  • Egypt restoring ability to lure foreign investment -- study

    Date: 2015-06-19 16:10:28 GMT - United Kingdom - Economy - SN:65 - ID:2828321

    LONDON, June 19 (MENA) - Egypt has restored its previous position as a main destination for foreign direct investments in 2014, a study by Ernst and Young said on Friday. The study noted that the stable government in Egypt helped the country to ....

  • Egypt's exports to UK hit ₤290 million from January to April

    Date: 2015-06-19 14:47:19 GMT - United Kingdom - Economy - SN:58 - ID:2827749

    LONDON, June 19 (MENA) – Egyptian exports to the UK reached ₤290 million in the period from January to April 2015, according to statistics which are similar to the same period last year, MENA learned. The imports receded by nine percent from the ....

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