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Economy
- Service : English General
- Category : Economy
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Egypt's wage bill hits EGP 125 bln in 8 months: Ministry
Date: 2015-04-09 20:58:17 GMT - Egypt - Economy - SN:142 - ID:2348653
CAIRO, April 5 (MENA) - The Finance Ministry said Thursday that the bill of wages and compensations of the state's civil servants increased during the period from July 2014 to February 2015 by EGP 17 billion to EGP 125.2 billion. The figure is ....
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Egypt bourse gains EGP one bn
Date: 2015-04-09 15:20:39 GMT - Egypt - Economy - SN:93 - ID:2346573
CAIRO, April 9 (MENA) - The Egyptian Exchange (EGX) closed on Thursday with gains amid a share purchase trend among local and foreign institutions and equity funds. The market capital achieved gains worth EGP one billion to reach EGP 510.8 ....
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Egypt gross external debt down in Dec.
Date: 2015-04-09 14:46:05 GMT - Egypt - Economy - SN:86 - ID:2346337
CAIRO, April 9 (MENA) – Egypt's gross external debt plummeted at the end of December to reach $41.5 billion compared to $45.7 billion in December 2013, the Finance Ministry said. The ratio of the short term debt to the total external debt rose to ....
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Annual inflation rate up to 7.21% in March – CBE
Date: 2015-04-09 13:22:11 GMT - Egypt - Economy - SN:74 - ID:2345701
CAIRO, April 9 (MENA) – The annual inflation rate rose to 7.21% in March compared to the same month last year, the Central Bank of Egypt (CBE) said in a statement. The CBE said the annual inflation rate hit, meanwhile, 7.15% in February 2015, ....
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MIDOR refinery lab capacity to be upgraded
Date: 2015-04-09 11:49:18 GMT - Egypt - Economy - SN:52 - ID:2344497
CAIRO, April 9 (MENA) – Petroleum Minister Sherif Ismail attended the signing of an agreement between the Middle East Oil Refinery (MIDOR) and UOP, a subsidiary of Honeywell, for MIDOR's lab expansions. MIDOR's refinery lab upgrade will cost $1.4 ....
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Egyptian GDRs in London up
Date: 2015-04-08 18:05:19 GMT - United Kingdom - Economy - SN:117 - ID:2340661
LONDON, April 8 (MENA) - The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange were up at the close of Wednesday's session The GDRs of the Commercial International Bank rose 0.89 percent. The GDRs of EFG Hermes ....
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Royal Dutch Shell in $91bn bet on future of gas with BG takeover
Date: 2015-04-08 15:59:14 GMT - United Kingdom - Economy - SN:95 - ID:2340041
LONDON, April 8 (MENA) - Royal Dutch Shell has given a huge vote of confidence to Australia’s burgeoning coal-seam gas export industry through the planned £47 billion takeover of rival BG Group, owner of the only operating LNG plant in Queensland, ....
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CBE continues daily tenders
Date: 2015-04-08 15:40:28 GMT - Egypt - Economy - SN:89 - ID:2339477
CAIRO, April 8 (MENA) - The Central Bank of Egypt (CBE) continued its daily tenders to meet the citizens' basic needs. The CBE stated that it offered 40 million dollars and sold 38.4 million dollars. (MENA) N A E/A S E ....
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Bourse turns blind eye to capital gains tax, gains EGP 6bn
Date: 2015-04-08 15:13:57 GMT - Egypt - Economy - SN:84 - ID:2339357
CAIRO, April 8 (MENA) - Most of the Egyptian Exchange (EGX) indexes closed on Wednesday up backed by intensive purchases by foreign institutions and investment funds amid optimism of international credit ratings agency Moody's which upgraded on ....
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EGX indexes up at end of Wednesday trading
Date: 2015-04-08 13:18:02 GMT - Egypt - Economy - SN:66 - ID:2338401
CAIRO, April 8 (MENA) - The Egyptian Exchange (EGX) indexes went up at the end of Wednesday's trading on the back of intensive purchases by foreign investment funds and institutions and Arab individuals. The EGX 30 benchmark index upped by 0.72 ....
