Economy

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  • Category : Economy
  • Sisi meets supply minister

    Date: 2015-05-03 17:21:20 GMT - Egypt - Economy - SN:84 - ID:2510017

    CAIRO, May 3 (MENA) - President Abdel Fattah El Sisi met on Sunday with Minister of Supply Khalid Hanafi. Presidential Spokesman Alaa Youssef said the president stressed the importance of providing all needed commodities before the holy month of ....

  • New Egyptian investments in India to market Egypt's products

    Date: 2015-05-03 15:15:59 GMT - Egypt - Economy - SN:71 - ID:2509097

    CAIRO, May 3 (MENA) - Egypt's Ambassador to India Hatem Tag el Din has attended a ceremony to lay a foundation stone of the factory of Kapci Coatings in Bangalore, the capital of India's southern Karnataka state. The ceremony was attended by ....

  • Collective decline in Egypt bourse indices

    Date: 2015-05-03 14:06:25 GMT - Egypt - Economy - SN:60 - ID:2508409

    CAIRO, May 3 (MENA) - The Egyptian Exchange (EGX) indices shut on Sunday's session collectively down over sales by local and foreign investment funds and institutions on the back drop of statements by the head of taxes authority, who said that there ....

  • Mahlab assigns GAID to allocate lands of industrial investment

    Date: 2015-05-03 13:27:07 GMT - Egypt - Economy - SN:56 - ID:2508321

    CAIRO, May 3 (MENA) - Prime Minister Ibrahim Mahlab assigned the General Authority for Industrial Development (GAID) to allocate plots of lands of industrial investment in all the industrial areas until the completion of executive regulation of ....

  • ETA to open first GCC office in Abu Dhabi

    Date: 2015-05-03 12:36:42 GMT - United Arab Emirates - Economy - SN:50 - ID:2507885

    DUBAI, May 3 (MENA) - Minister of Tourism Khaled Ramy has announced the opening of the Egyptian Tourism Authority (ETA)'s new GCC office in Abu Dhabi, which will be operational in July 2015 and is mandated to oversee activities in the Arab Gulf, ....

  • Finance Ministry offers T-bills at EGP 6.5 billion

    Date: 2015-05-03 12:31:03 GMT - Egypt - Economy - SN:49 - ID:2507941

    CAIRO, May 3 (MENA) - The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 6.5 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 91-day T-bills. The average yield was 11.280 percent, it ....

  • Egypt bourse denies hacking rumors

    Date: 2015-05-03 08:48:28 GMT - Egypt - Economy - SN:16 - ID:2505889

    CAIRO, May 3 (MENA) - Egypt bourse administration denied on Sunday rumors that its trading systems were hacked, saying the news are totally void of truth. In a statement Sunday, it said the trading systems are highly protected and ....

  • French business community satisfied with stability in Egypt - Badawy

    Date: 2015-05-02 18:08:27 GMT - Egypt - Economy - SN:92 - ID:2503641

    ALEXANDRIA, Egypt, May 2 (MENA) - Chairman of the Egyptian-French Chamber of Commerce Ayman Badawy on Saturday said that the French business and investment community is satisfied with political and security stability recently achieved in Egypt. In ....

  • Global-PRNewswire (1): Hublot and Floyd Mayweather: The Perfect Combination for the Fight of the Century

    Date: 2015-05-02 16:56:36 GMT - Egypt - Economy - SN:76 - ID:2503645

    -- Mayweather To Adorn Fight Night Boxing Trunks With Hublot Brand Name LAS VEGAS, May 2, 2015 /PRNewswire/ -- Today, luxury Swiss watch brand Hublot had the honor of hosting a press gathering with 10-Time World Champion Floyd "Money" Mayweather ....

  • Fisheries at Suez Canal to be opened August 6: Official

    Date: 2015-05-02 15:43:01 GMT - Egypt - Economy - SN:68 - ID:2502869

    ISMAILIA, Egypt, May 2 (MENA) - Head of the Suez Canal Authority Mohab Mamish said Saturday that fisheries at the new Suez Canal will be opened in conjunction with the official inauguration of the mega project on August 6. During a visit to Spain ....

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