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Economy
- Service : English General
- Category : Economy
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CBE to continue supporting tourism for another year
Date: 2015-06-14 14:40:22 GMT - Egypt - Economy - SN:65 - ID:2794877
CAIRO, June 14 (MENA) - The Central Bank of Egypt (CBE) decided on Sunday to extend the initiative of supporting tourism sector for another year to end in June 2016. The decision was taken due to the great importance of the tourism sector as a ....
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Egypt's bourse loses 3.1 billion pounds; index down 1%
Date: 2015-06-14 13:41:52 GMT - Egypt - Economy - SN:53 - ID:2794549
CAIRO, June 14 (MENA) - All bourse indices showed on Sunday a downward trend at the start of this week trading amid sales of corporations and investors and plans by Emaar Misr to float shares worth 2.7 billion pounds. At closing today, the ....
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NBE to put up investment funds to attract Egyptian expatriates savings
Date: 2015-06-14 13:16:27 GMT - Egypt - Economy - SN:49 - ID:2793569
CAIRO, June 14 (MENA) – National Bank of Egypt (NBE) Financial Sector Head Hussein el Refaie said the bank agreed on putting up new investment funds during the coming period. This comes after Al Ahly Capital Holding gained a license to manage funds ....
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Egypt, EU ink deal to improve efficiency in water, agricultural sectors
Date: 2015-06-14 11:43:49 GMT - Egypt - Economy - SN:38 - ID:2793397
CAIRO, June 14 (MENA) - Egypt and the European Union signed on Sunday a memo of understanding to improve efficiency in water and agricultural sectors. The memo aims at offering European union's technical and financial assistance to improve water ....
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Head of Egyptian Customs Authority back home after Int'l conf.
Date: 2015-06-13 22:01:47 GMT - Egypt - Economy - SN:114 - ID:2790741
CAIRO, June 13 (MENA) - Head of the Egyptian Customs Authority Magdy Abdelaziz on Saturday returned home after taking part in the annual World Customs Organization's Council. An official source at the Egyptian Customs Authority told MENA the ....
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Sisi orders gov't to delay application of fuel smart cards till it includes all sectors
Date: 2015-06-13 16:14:51 GMT - Egypt - Economy - SN:67 - ID:2789209
CAIRO, June 13 (MENA) - President Abdel Fattah El Sisi on Saturday met with members of the specialized council for economic development to review its latest activities since its recent meeting with the president in April, said Presidential Spokesman ....
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Hegazi: Egypt to be partner to Germany in Fruit Logistica Fair next year
Date: 2015-06-13 15:11:34 GMT - Egypt - Economy - SN:53 - ID:2788433
CAIRO, June 13 (MENA) - Egypt's Ambassador to Germany Mohammad Hegazi said Egypt has officially been declared as a partner to Germany in Fruit Logistic Fair of 2016 upon an agreement signed in this regard during President Abdel Fattah El Sisi's ....
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Wipro Limited studying to establish cosmetics factory in Egypt
Date: 2015-06-13 10:03:28 GMT - Egypt - Economy - SN:25 - ID:2786349
CAIRO, June 13 (MENA) - India's Wipro Limited is studying to establish a cosmetics factory in Egypt. The project is estimated to cost some 500 million pounds. Director general of Wipro in Egypt and North Africa Hanna Samman has praised the ....
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Egypt imports 180,000 tons of Russian, Romanian wheat
Date: 2015-06-12 19:15:25 GMT - Egypt - Economy - SN:90 - ID:2784637
CAIRO, June 12 (MENA) - Egypt's General Authority for Supply Commodities (GASC) has contracted to import 180,000 tons of wheat from Russia and Romania for subsidized bread. The quantities will be delivered by several firms at an average price of ....
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Egyptian GDRs in London up
Date: 2015-06-12 15:52:36 GMT - United Kingdom - Economy - SN:75 - ID:2783957
LONDON, June 12 (MENA) - The Egyptian global depository receipts (GDRs) traded on London stock exchange upped on Friday. The GDRs of Edita Food Industries and Commercial International Bank (CIB) went up by 3.19 and 1.78 percent respectively. The ....
