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Economy
- Service : English General
- Category : Economy
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Egypt bourse continues downward trend
Date: 2015-06-09 13:32:58 GMT - Egypt - Economy - SN:82 - ID:2762413
CAIRO, June 9 (MENA) - Egypt's bourse resumed its downward trend at end of trading Tuesday amid sales of corporations and limited purchase by investors. The market capital lost about 500 million pounds to reach 491.9 billion pounds against ....
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Current year to be biggest in EGX history in terms of offerings, number of listed companies - Omran 2 last Cairo
Date: 2015-06-09 10:58:23 GMT - Egypt - Economy - SN:53 - ID:2760637
Speaking before the second conference on investment in the bourse, EGX Chairman Mohamed Omran said that the bourse contributes to boosting the economy. The society is now realizing the important role played by the EGX, he said, citing the increase ....
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Mahlab: Economic indicators assert Egypt is on right track
Date: 2015-06-09 10:09:06 GMT - Egypt - Economy - SN:46 - ID:2759813
CAIRO, June 9 (MENA) - Prime Minister Ibrahim Mahlab said the positive economic indicators for Egypt asserted that "We are proceeding on the right track". Addressing the second bourse conference for investment in the stock market, Mahlab said the ....
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Current year to be biggest in EGX history in terms of offerings, number of listed companies - Omran
Date: 2015-06-09 09:03:20 GMT - Egypt - Economy - SN:30 - ID:2759105
CAIRO, June 9 (MENA) - The current year will be the biggest in the history of the Egyptian Exchange (EGX) in terms of offerings or the number of listed companies, said EGX Chairman Mohamed Omran. Speaking before the second conference on ....
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HSBC moves to cut 25,000 jobs globally
Date: 2015-06-09 08:50:00 GMT - United Kingdom - Economy - SN:29 - ID:2758917
LONDON, June 9 (MENA) - HSBC is to cut up to 25,000 jobs around the world – including as many as 8,000 in the UK – as its chief executive, Stuart Gulliver, embarks on a fresh strategy to reduce costs and bolster returns to shareholders, the Guardian ....
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ECES expects increase in Egypt's rank in 2015 Global Competitiveness Index
Date: 2015-06-09 07:30:34 GMT - Egypt - Economy - SN:17 - ID:2758481
CAIRO, June 9 (MENA) - Head of the Egyptian Center For Economic Studies (ECES) Sherif el Diwany expected that Egypt's rank in the 2015 Global Competitiveness Index (GCI) will increase thanks to the economic reforms which took place last year after ....
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GAFI head: Economic reform aims at reducing budget deficit to less than 10%
Date: 2015-06-08 18:23:10 GMT - Egypt - Economy - SN:109 - ID:2756497
CAIRO, June 8 (MENA) - Head of the General Authority for Investment and Free Zones (GAFI) Hassan Fahmi said the government is focusing on the political and economic reforms. During a forum organized by the Egyptian businessmen association in ....
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Red Sea receives 258,000 tourists in May
Date: 2015-06-08 17:38:22 GMT - Egypt - Economy - SN:101 - ID:2756501
HURGHADA, Egypt, June 8 (MENA) - A report issued by the Red Sea governorate tourism department said hotels and tourist resorts in the governorate received 258,000 tourists from difference nationalities in May. The report said that the tourists ....
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Investment minister unveils amendments to investment guarantee, incentives law
Date: 2015-06-08 16:30:22 GMT - Egypt - Economy - SN:92 - ID:2756053
CAIRO, June 8 (MENA) – Investment Minister Ashraf Salman on Monday updated the ministerial economic committee on amendments to the Investment Guarantee and Incentives Law which was issued in 1997 and amended by a republican decree in 2015. The ....
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Egypt auctions T-bonds
Date: 2015-06-08 16:29:49 GMT - Egypt - Economy - SN:91 - ID:2756017
CAIRO, June 8 (MENA) - The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 4.75 billion. In an online statement, the ministry said it sold EGP 3 billion of 5-year and EGP 1.75 billion of 10-year treasury bonds. A ....
