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Economy
- Service : English General
- Category : Economy
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$41.3bn decrease in external debt in December: CBE
Date: 2015-04-30 16:55:43 GMT - Egypt - Economy - SN:114 - ID:2492477
CAIRO, April 30 (MENA) – The total foreign debt decreased 10.3 percent to $41.3bn at the end of December 2014, compared to $46.1bn in June 2014, according to the Central Bank of Egypt (CBE). In a report released on Thursday, the bank attributed ....
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182-, 364-day T-bills auctioned
Date: 2015-04-30 14:05:50 GMT - Egypt - Economy - SN:84 - ID:2491269
CAIRO, April 30 (MENA) - The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 7 billion. In an online statement, the ministry said it sold EGP 3 billion of 182-day T-bills with an average yield of 11.431%, adding it ....
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Bourse gains EGP 6.8bn, main index up 2.21%
Date: 2015-04-30 13:40:22 GMT - Egypt - Economy - SN:77 - ID:2490921
CAIRO, April 30 (MENA) - The Egyptian Exchange (EGX) continued its upward trend at the close of Thursday's trading, backed by a state of optimism which prevailed in the market after the head of the taxes authority said he will hold a societal ....
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16 pct increase in social services expenditures in new budget: min.
Date: 2015-04-30 13:38:00 GMT - Egypt - Economy - SN:76 - ID:2490517
CAIRO, April 30 (MENA) – Minister of Finance Hany Qadry said Thursday net expenditures on social services in 2015-2016 budget hit 296 Bln pounds, 16 pct higher than levels in the current financial year and the highest in 20 years. In a press ....
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Amendments on sukuk law to protect state's assets - minister
Date: 2015-04-30 13:13:04 GMT - Egypt - Economy - SN:71 - ID:2490405
CAIRO, April 30 (MENA) - The Finance Ministry is about to make fundamental amendments on sukuk (Islamic bonds) law to protect the state's assets, said Minister Hany Qadry Dimian. In statements on the sidelines of a press conference, Qadry said ....
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Spanish companies interested in investment opportunities in Egypt
Date: 2015-04-30 12:49:24 GMT - Spain - Economy - SN:66 - ID:2490385
MADRID, April 30 (MENA) - The Spanish companies attach great importance to the promising investment opportunities in Egypt, said head of the Egyptian side at the Egyptian-Spanish Business Council Maged el Menshawy. Menshawy said that the heads of ....
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Global (1): USARAD Holdings Inc. Receives Funding From The Venture Capital Unit Of Siemens
Date: 2015-04-30 12:15:12 GMT - Egypt - Economy - SN:63 - ID:2490177
USARAD Holdings Inc. Including SecondOpinions.com Division Receives Funding From The Venture Capital Unit Of Siemens And Leading Physician Groups -- Innovative telemedicine, second opinion and radiology services platform receives venture capital ....
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French company desires to build wheat silos at Damietta logistics center
Date: 2015-04-30 10:07:31 GMT - Egypt - Economy - SN:39 - ID:2488369
CAIRO, April 30 (MENA) – French Louis Dreyfus, one of the world's greatest companies in grain trading and commodity exchanges, is willing to invest in the logistics center project slated to be established soon in Damietta governorate. This came ....
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EGX chairman named as head of ASEA capital markets standards' committee
Date: 2015-04-30 09:25:30 GMT - Egypt - Economy - SN:34 - ID:2488033
CAIRO, April 30 (MENA) – The executive committee of the the African Securities Exchanges Association (ASEA) has picked EXG Chairman Mohamed Omran as head of the capital markets standards' committee tasked with standardizing the criteria on which ....
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Egyptian GDRs in London show mixed performance
Date: 2015-04-29 17:37:05 GMT - United Kingdom - Economy - SN:123 - ID:2484905
LONDON, April 29 (MENA) – The Egyptian global depository receipts (GDRs) traded on London Stock Exchange showed mixed performance at the close of Wednesday's trading. The GDRs of Commercial International Bank (CIB) went down by 0.14 percent to ....
