Economy

  • Service : English General
  • Category : Economy
  • EGX gains 6bln pounds, index up 2.07 percent

    Date: 2014-10-22 14:37:51 GMT - Egypt - Economy - SN:71 - ID:1177553

    CAIRO, Oct 21 (MENA) - The Egyptian Exchange made gains at the end of Wednesday's trading session backed by purchases by Arab and foreign institutions and investment funds. The market capital achieved gains worth 6 billion pounds to reach 495.9 ....

  • USD 230.2 M from IDB for 2nd stage of Sharm airport

    Date: 2014-10-21 20:00:50 GMT - Kingdom of Saudi Arabia - Economy - SN:147 - ID:1173137

    JEDDAH, Oct 21 (MENA) - Executive directors board at the Islamic Development Bank (IDB) agreed on Tuesday to fund the second stage of Sharm el-Sheikh airport at 230.2 million dollars. The IDB previously paid 226.8 million dollars so that total ....

  • Moody's raising of Egypt's outlook 'positive': min.

    Date: 2014-10-21 18:47:16 GMT - Egypt - Economy - SN:137 - ID:1172725

    CAIRO, Oct 21 (MENA) – Finance Minister Hani Qadri Demian said Tuesday Moody's decision to raise Egypt's outlook from negative to stable was a positive step towards improving the country's status on the international investments' map. However, ....

  • IDSC develops study for investment obstacles, opportunities in Egypt

    Date: 2014-10-21 16:43:47 GMT - Egypt - Economy - SN:111 - ID:1170465

    CAIRO, Oct 21 (MENA) - Head of the Cabinet's Information and Decision Support Center (IDSC) Sherif Badr said Tuesday the center has recently developed a study on all the investment obstacles and business opportunities in Egypt. Badr told MENA the ....

  • Egypt, Kazakhstan agree to facilitate trade exchange - Minister

    Date: 2014-10-21 16:05:51 GMT - Egypt - Economy - SN:97 - ID:1170461

    CAIRO, Oct 21 (MENA) - Egypt's Minister of Industry, Trade and Small- and Medium-sized Enterprises Mounir Fakhri Abdel Nour said Tuesday Egypt and Kazakhstan agreed to open new horizons in trade and economic relations through expanding of the volume ....

  • Int'l cooperation minister sees Egypt upgraded economic outlook as sign of success

    Date: 2014-10-21 14:12:21 GMT - Egypt - Economy - SN:71 - ID:1169717

    CAIRO, Oct 21 (MENA) - International Cooperation Minister Naglaa el-Ahwani has said that upgrading Egypt's outlook from negative to stable is a sign the economic reform program is successful. Moody's Monday raised Egypt's outlook to stable due ....

  • EGX gains 4.2bln pounds, index up 1.15 percent

    Date: 2014-10-21 14:11:15 GMT - Egypt - Economy - SN:70 - ID:1170273

    CAIRO, Oct 21 (MENA) - The Egyptian Exchange made gains at the end of Tuesday's trading session backed by purchases by Arab and foreign institutions and investment funds. The market capital achieved gains worth 4.2 billion pounds to reach 489.9 ....

  • Global - PRNewswire (3): German Public Transportation Co. Adopts IBM Software Defined Storage to Tackle Big Data

    Date: 2014-10-21 13:27:07 GMT - Egypt - Economy - SN:61 - ID:1170473

    -- Stuttgarter Strassenbahnen improves SAP performance and customer response times with IBM Cloud powered by Power Systems, Flash and Software Defined Storage infrastructure solution ARMONK, New York, Oct. 21, 2014 /PRNewswire/ MENA/ -- IBM (NYSE: ....

  • Egypt's upgraded outlook means economic program successful -- official

    Date: 2014-10-21 11:46:58 GMT - Egypt - Economy - SN:46 - ID:1169145

    CAIRO, Oct 21 (MENA) - Egypt's economic program is obviously successful, an adviser to the country's planning minister could tell after International credit ratings agency Moody's upgraded Egypt's outlook to stable from negative. Moody's decision ....

  • global2:Doble Engineering Opens Dubai Office to Support Demand for Advanced Management and Maintenance of Energy Infrastructure

    Date: 2014-10-21 07:18:40 GMT - Egypt - Economy - SN:6 - ID:1167137

    -- Regional office and transformer conference to bring best-in-class services, products and education to support Middle East and North Africa utilities, electric power generation companies and owners of electric power infrastructure WATERTOWN, ....

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