Economy

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  • Category : Economy
  • Global PR Newswire : National Airlines Supports Ebola Relief Efforts

    Date: 2014-10-03 19:21:38 GMT - Egypt - Economy - SN:90 - ID:1064077

    ORLANDO, Florida, Oct. 3, 2014 /PRNewswire/ -- National Airlines is proud to have been called on to contribute to Ebola relief efforts in Liberia. In cooperation with the United States Government, National Airlines, using one of its B747-400 ....

  • 590 mln. Noubarya-Sadat gas pipeline project completed

    Date: 2014-10-03 14:29:15 GMT - Egypt - Economy - SN:64 - ID:1062401

    CAIRO, Oct 3 (MENA) – The Noubarya-Sadat-Edfu gas pipeline project, worth EGP 590 million, has ben completed, the Petroleum Ministry said Friday. Minister of Petroleum and Natural Resources Sherif Ismail received a report about the project from ....

  • Budget deficit hits EGP 56.023 bln in 2 months

    Date: 2014-10-03 14:14:11 GMT - Egypt - Economy - SN:61 - ID:1062633

    CAIRO, Oct 3 (MENA) – The total deficit of Egypt's general budget has increased to hit 56.023 billion pounds during July and August, said a report by Finance Ministry on Friday. The deficit represents 2.3 percent of the gross domestic product ....

  • Egyptian GDRs in London show mixed performance

    Date: 2014-10-02 16:28:32 GMT - United Kingdom - Economy - SN:85 - ID:1058617

    LONDON, Oct 2 (MENA) - The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance at the close of Thursday's session. The GDRs of the Commercial International Bank (CIB) went down by 2.43 percent ....

  • Banking insurance activity 'expanding' in Egypt - official

    Date: 2014-10-02 15:24:58 GMT - Egypt - Economy - SN:77 - ID:1058233

    CAIRO, Oct 2 (MENA) - There is a remarkable development in the activity of banking insurance in Egypt after the approval of the General Authority for Financial Control to allow the Egyptian Takaful Company (Life) to market its products through Audi ....

  • GAFI chief meets chiefs of mega Japanese companies

    Date: 2014-10-02 15:00:27 GMT - Egypt - Economy - SN:71 - ID:1057641

    CAIRO, Oct 2 (MENA) - General Authority for Investment and Free Zones (GAFI) Chairman Hassan Fahmy has held a series of meetings with officials and chiefs of a number of Japanese companies which have investments in Egypt. During his current ....

  • Global-PRNewswire (1): MIAX Options Announces Increased Trading Volume Results

    Date: 2014-10-02 14:55:44 GMT - Egypt - Economy - SN:70 - ID:1058157

    PRINCETON, New Jersey, Oct. 2, 2014 /PRNewswire/ -- MIAX Options Exchange (MIAX) announced today that for the month of September 2014 MIAX's percentage of overall equity options volume and in MIAX-listed classes was 4.08% and 4.29%, respectively, ....

  • Investment min., Italian amb. discuss boosting economic ties

    Date: 2014-10-02 14:51:04 GMT - Egypt - Economy - SN:68 - ID:1057657

    CAIRO, Oct 2 (MENA) - Investment Minister Ashraf Salman discussed Thursday with Italian Ambassador to Egypt Maurizio Massari ways of boosting economic and investment ties, especially in the fields of energy and development projects. During the ....

  • Bourse indexes show varied performance

    Date: 2014-10-02 13:57:06 GMT - Egypt - Economy - SN:63 - ID:1057301

    CAIRO, Oct 2 (MENA) - The Egyptian Stock Exchange (EGX) indexes showed varied performance at the close of Thursday's trading amid sales by Arab and foreign institutions and investment funds. The capital market gained about 1 billion pounds to hit ....

  • EGP 1.456 trn in total banking deposits in July - CBE

    Date: 2014-10-02 13:47:22 GMT - Egypt - Economy - SN:61 - ID:1056897

    CAIRO, Oct 2 (MENA) - Total deposits of the banking system, other than the Central Bank of Egypt (CBE), hiked by about 23 billion pounds to reach 1.456 trillion pounds in July against 1.433 trillion pounds in the same period last year, the CBE said ....

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