Economy

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  • Category : Economy
  • Egypt bourse loses EGP 14.4bn

    Date: 2014-10-12 15:50:02 GMT - Egypt - Economy - SN:111 - ID:1109101

    CAIRO, Oct 12 (MENA) - The Egyptian Exchange (EGX) indices went down on Monday over sharp decline in international and Arab financial markets due to an anticipated economic crisis, after warnings issued by the International Monetary Fund (IMF) ....

  • Egyptian exports to Britain increase by 53% in Jan.-July

    Date: 2014-10-12 13:51:44 GMT - United Kingdom - Economy - SN:83 - ID:1106829

    LONDON, Oct 12 (MENA) - Egyptian exports to Britain increased by 53% in January-July 2014 in comparison to the same period in 2013. Exports revenues hit 600 million pound sterling within the first seven months of 2014, MENA reported, citing ....

  • 91-, 273-day T-bills auctioned

    Date: 2014-10-12 13:44:12 GMT - Egypt - Economy - SN:81 - ID:1108281

    CAIRO, Oct 12 (MENA) - The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 6 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 91-day T-bills with an average yield of 11.564%, adding it ....

  • Current reforms in Egypt positive, promising: World Bank official

    Date: 2014-10-12 13:22:37 GMT - Egypt - Economy - SN:74 - ID:1107869

    CAIRO, Oct 12 (MENA) - Managing Director and Chief Operating Officer at the World Bank Sri Mulyani Indrawati said that the current reforms taking place in Egypt are positive and promising. The World Bank is committed to offering technical and ....

  • EGX trading down, losses hit EGP 11.3 Bln

    Date: 2014-10-12 13:05:55 GMT - Egypt - Economy - SN:70 - ID:1107853

    CAIRO, Oct 12 (MENA) - The Egyptian Exchange indexes continued to dip on Sunday due to sharp decline in world stock markets over concerns about a looming economic crisis. The market capital lost 11.3 billion pounds to reach 513.3 billion pounds, ....

  • EGX slides down losing 9bln pounds due to slumping world stock markets

    Date: 2014-10-12 10:53:37 GMT - Egypt - Economy - SN:38 - ID:1107141

    CAIRO, Oct 12 (MENA) - The Egyptian Exchange (EGX) indexes plunged during mid-day trading on Sunday due to a sharp decline in world stock markets over concerns about a looming economic crisis. The market capital lost 9 billion pounds to reach 516 ....

  • IMF offical hails recent economic reforms in Egypt

    Date: 2014-10-11 19:23:58 GMT - USA - Economy - SN:94 - ID:1103897

    WASHINGTON, Oct 11 (MENA) - Christopher Jarvis, of the International Monetary Fund's Middle East and Central Asia Department, hailed on Saturday as good economic reforms adopted recently by the Egyptian government. These reforms will contribute to ....

  • Global/PRNews(1):MIAX Options Hits One Million Contracts Traded and Receives 2014 ISE® Northeast Project Award

    Date: 2014-10-11 05:57:23 GMT - Egypt - Economy - SN:2 - ID:1099065

    PRINCETON, New Jersey, Oct. 10, 2014 /PRNewswire/MENA/ -- MIAX Options Exchange (MIAX) announced today that it executed in excess of 1,000,000 contracts in a single day for the first time today, representing a new single-day record for the exchange. ....

  • Egyptian GDRs in London stable

    Date: 2014-10-10 18:59:42 GMT - United Kingdom - Economy - SN:73 - ID:1098149

    LONDON, Oct 10 (MENA) - The Egyptian global depository receipts (GDRs) in the London Stock Exchange showed stable performance at the close of Friday's trading. The GDRs of the Commercial International Bank (CIB) went down by 0.31 percent. The ....

  • EBCC organizes forum on conducting business in Egypt

    Date: 2014-10-10 14:35:58 GMT - United Kingdom - Economy - SN:47 - ID:1096977

    LONDON, Oct 10 (MENA) - The Egyptian-British Chamber of Commerce (EBCC) organized Friday a seminar in London on financial practices and business planning in Egypt. During the seminar, secretary-general of the EBCC Taher el-Sherif explained ....

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