Economy

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  • Category : Economy
  • CBE governor meets head of FEI

    Date: 2015-05-07 22:04:38 GMT - Egypt - Economy - SN:124 - ID:2541649

    CAIRO, May 7 (MENA) - Central Bank of Egypt (CBE) Governor Hisham Ramez held a meeting Thursday with Mohamed Zaki Al Suwaidi, head of the Federation of Egyptian Industries. The meeting tackled issues of the Egyptian industry under the new banking ....

  • Budget deficit rises to EGP 218.3 billion in 9 months

    Date: 2015-05-07 21:08:18 GMT - Egypt - Economy - SN:120 - ID:2541813

    CAIRO, May 7 (MENA) - The budget deficit rose to EGP 218.3 billion, constituting 9.4 percent of the gross domestic product (GDP), during the period from July to March, the Ministry of Finance said Thursday. The new figure is compared to EGP 145 ....

  • Bourse gains EGP 1.9 bln in week amid mixed performance

    Date: 2015-05-07 19:41:57 GMT - Egypt - Economy - SN:113 - ID:2541313

    CAIRO, May 7 (MENA) - The Egyptian Exchange closed this week with gains amounting to EGP 1.9 million. During the course of the week, the benchmark index EGX 30 increased by 0.81 percent to 8,742 points, said a weekly report issued by the Egyptian ....

  • Details on fuel cards to be revealed Sunday

    Date: 2015-05-07 17:41:49 GMT - Egypt - Economy - SN:98 - ID:2540705

    CAIRO, May 7 (MENA) - The details of the fuel smart card program will be announced at a press conference on Sunday, said the company that manages the program. Chairman of E-Finance Co. Khaled Abdel Ghany said the company would distribute fuel ....

  • Egypt auctions T-bonds at EGP 7.5 billion

    Date: 2015-05-07 16:49:12 GMT - Egypt - Economy - SN:87 - ID:2540145

    CAIRO, May 7 (MENA) - The Finance Ministry auctioned bonds at a total value of EGP 7.5 billion. In an online statement Thursday, the ministry said it sold EGP 3.5 billion of 182-day bonds and EGP 4 billion of 375-day bonds. The Central Bank of ....

  • Italian businessmen to visit Egypt in June

    Date: 2015-05-07 15:23:56 GMT - Egypt - Economy - SN:78 - ID:2539753

    CAIRO, May 7 (MENA) - A group of Italian businessmen would visit Egypt by the end of June to follow up on the agreements agreed upon at Egypt's economic conference in March, said Industry and Trade Minister Munir Fakhry Abdel Nour. The minister's ....

  • Global/PRNewswire (1): Aer Lingus Selects Mercator's RAPID Passenger Revenue Accounting Solution

    Date: 2015-05-07 10:38:45 GMT - United Arab Emirates - Economy - SN:37 - ID:2537241

    DUBAI, United Arab Emirates and DUBLIN, May 7, 2015 /PRNewswire/MENA/ -- Mercator, a leading provider of software and technology-enabled outsourcing solutions to the global aviation industry, today announced that Aer Lingus Group plc ("Aer Lingus"), ....

  • CBE offers EGP 300mn tender

    Date: 2015-05-07 10:31:04 GMT - Egypt - Economy - SN:36 - ID:2537181

    CAIRO, May 7 (MENA) - The Central Bank of Egypt (CBE) announced on Thursday a periodic tender worth 300 million dollars. The funds will be channeled into meeting the needs of banks to finance imports of strategic goods, raw materials and ....

  • Official: Poland ready to boost agriculture coop. with Egypt

    Date: 2015-05-07 08:27:44 GMT - Egypt - Economy - SN:24 - ID:2535817

    CAIRO, May 7 (MENA) – Polish Commercial Adviser Mikhail Maiszewa asserted on Thursday that Poland is ready to boost cooperation with Egypt in the field of agriculture and food products. He made such remarks in a forum on the production of the ....

  • PR Newswire Release (7)

    Date: 2015-05-06 16:26:13 GMT - Sweden - Economy - SN:129 - ID:2533261

    Elekta to bring cancer treatment to millions in Africa - Elekta's Ian Alexander says current lack of treatment is "totally unacceptable" STOCKHOLM and PRETORIA, South Africa, May 6, 2015 /PRNewswire/ -- In Africa, cancer kills more people than ....

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