Economy

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  • Category : Economy
  • Egyptian GDRs in London stable

    Date: 2014-11-10 19:14:24 GMT - United Kingdom - Economy - SN:146 - ID:1306961

    LONDON, Nov 7 (MENA) - The Egyptian Global Depository Receipts (GDRs) in the London Stock Exchange showed a stable performance at the close of Monday's trading. The GDRs of Orascom Telecom, EFG Hermes and Orascom Construction Industries remained ....

  • FDI up in June 2014 - CBE

    Date: 2014-11-10 16:53:55 GMT - Egypt - Economy - SN:107 - ID:1306141

    CAIRO, Nov 10 (MENA) - Net foreign direct investments had risen by $40 million in the period between March and June, the Central Bank of Egypt (CBE) said Thursday. In a report, the CBE said net FDIs recorded $1.045 billion in June against $1.005 ....

  • Annual inflation rate declines to 8.47% in October - CBE

    Date: 2014-11-10 13:49:40 GMT - Egypt - Economy - SN:70 - ID:1303953

    CAIRO, Nov 10 (MENA) - The annual inflation rate declined to 8.47 percent in October, compared by 9.15 percent in September, announced the Central Bank of Egypt (CBE). In a statement Monday, the CBE said that the main inflation rate hit 0.55 ....

  • Algeria's PM inaugurates first Egyptian-Algerian urea complex

    Date: 2014-11-10 13:42:22 GMT - Algeria - Economy - SN:65 - ID:1303745

    ALGIERS, Nov 10 (MENA) - Algeria's Prime Minister Abdelmalek Sellal on Monday inaugurated an Egyptian-Algerian urea complex. The complex is part of the Sorfert company, a project co-founded by Algerian Sonatrach and Egyptian Orascom ....

  • Global (1): Peabody Chairman & CEO Greg Boyce Calls On Global Leaders To Use Lessons

    Date: 2014-11-10 06:14:37 GMT - Egypt - Economy - SN:6 - ID:1300637

    Peabody Chairman & CEO Greg Boyce Calls On Global Leaders To Use Lessons Learned From Three Major APEC Nations To Improve Global Energy Policy ST. LOUIS, Nov. 10, 2014 /PRNewswire/MENA/ -- Peabody Energy (NYSE: BTU) Chairman and Chief Executive ....

  • Petroleum minister says $ 2bn deals signed since 2013

    Date: 2014-11-09 22:38:31 GMT - Egypt - Economy - SN:150 - ID:1300193

    CAIRO, Nov 9 (MENA) - Sherif Ismail, the Minister of Petroleum and Mineral Resources, said on Sunday 36 agreements have been signed since 2013 at investments worth two billion dollars. He said 20 new agreements will be signed with investments of ....

  • EGX indexes show mixed performance

    Date: 2014-11-09 14:59:15 GMT - Egypt - Economy - SN:97 - ID:1297441

    CAIRO, Nov 9 (MENA) - The Egyptian Exchange (EGX) indexes showed mixed performance on Sunday due to share sales by local investment funds against purchases by local and Arab investors. The market capital gained about EGP 4.3 billion to reach EGP ....

  • 50 vessels transit Suez Canal

    Date: 2014-11-09 12:44:19 GMT - Egypt - Economy - SN:68 - ID:1296901

    ISMAILIA, Nov 9 (MENA) – Fifty vessels transited the Suez Canal on Sunday, carrying a total cargo of 2.515 million tons. The south-bound convoy included 28 vessels with a combined cargo of 1.313 million tons while the north-bound convoy included ....

  • Global/PRNews(1):Applebee's® In Saudi Arabia Goes "All-In" To Give Guests What They Want Most

    Date: 2014-11-09 06:18:09 GMT - Egypt - Economy - SN:1 - ID:1293941

    Applebee's® In Saudi Arabia Goes "All-In" To Give Guests What They Want Most—Burgers With Delicious Ingredients Cooked Right In! -- One of the Middle East's Favorite Categories Receives a One-of-a-kind Preparation with the All-In Hawaiian ....

  • Egypt budget revenues up 30.4 pct in 2013-2014: Ministry

    Date: 2014-11-08 19:23:21 GMT - Egypt - Economy - SN:119 - ID:1293017

    CAIRO, Nov 8 (MENA) – The Finance Ministry said on Saturday that Egypt's budget revenues increased during the fiscal year 2013/2014 by 30.4 percent to 456.8 billion pounds compared to the year earlier, constituting 22.9 percent of the gross domestic ....

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