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Economy
- Service : English General
- Category : Economy
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LE 1.5-billion hotel to be built in Ain Sokhna
Date: 2014-10-01 18:04:18 GMT - Egypt - Economy - SN:122 - ID:1052585
CAIRO, Oct 1 (MENA) - Investment Minister Ashraf Salman witnessed the signing ceremony for establishing a major hotel in the Red Sea resort of Ain Sokhna. The hotel will be built at a cost of 1.5 billion pounds. The deal was signed between the ....
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Egyptian GDRs in London stable
Date: 2014-10-01 18:02:46 GMT - United Kingdom - Economy - SN:120 - ID:1052573
LONDON, Oct 1 (MENA) – The Egyptian global depository receipts (GDRs) in the London Stock Exchange showed stable performance at the close of Wednesday's trading. The GDRs of the Commercial International Bank (CIB) went down by 0.08 ....
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Qadry: Fuel distribution by smart cards to cover all Egypt as of January
Date: 2014-10-01 16:11:22 GMT - Egypt - Economy - SN:104 - ID:1052029
CAIRO, Oct 1 (MENA) – Minister of Finance Hany Qadry on Wednesday said that the system of distribution of fuel by smart cards will cover all Egypt as of January next year. At a press conference, he added that the new system will start operation ....
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Official: No mediation to extend Qatari deposit with CBE
Date: 2014-10-01 15:27:26 GMT - Egypt - Economy - SN:99 - ID:1051785
CAIRO, Oct 1 (MENA) – The Egyptian Finance Ministry said on Wednesday that no mediation efforts have been undertaken to extend the period of a Qatari deposit with the Central Bank of Egypt. In statements to MENA, Samy Khalaf, the head of the ....
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NBE-led alliance signs an agreement arranging EGP 10bn loan
Date: 2014-10-01 15:18:12 GMT - Egypt - Economy - SN:97 - ID:1051705
CAIRO, Oct 1 (MENA) - An alliance led by the National Bank of Egypt has signed an agreement arranging a syndicated loan of EGP 10bn, including a tranche of USD 550m, for both Misr Petroleum and Co-op Petroleum companies, affiliated to the Egyptian ....
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Egypt's budget deficit reaches 12.5% of GDP in 2014
Date: 2014-10-01 15:14:33 GMT - Egypt - Economy - SN:96 - ID:1051565
CAIRO, Oct 1 (MENA) - Finance Minister Hany Qadry said on Wednesday the budget deficit of 2013/2014 financial year is set at EGP 252 billion, equivalent to 12.5 percent of the gross domestic product (GDP). He added that the deficit is 3 percent ....
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Bourse indices show mixed performance
Date: 2014-10-01 15:06:10 GMT - Egypt - Economy - SN:94 - ID:1051109
CAIRO, Oct 1 (MENA) - The Egyptian Stock Exchange (EGX) indices showed varied performance at the close of Wednesday's trading. The capital market gained about 1.7 billion pounds to stand at EGP 527.97 billion, amid transactions worth about EGP ....
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Global-PRNewswire
Date: 2014-10-01 15:03:49 GMT - Egypt - Economy - SN:92 - ID:1051741
DFW Airport Welcomes the Launch of Emirates Airbus A380 Service To Dubai High level of service and outstanding airports on each end of the route highlight Dubai to DFW flights DFW AIRPORT, Texas, Oct. 1, 2014 /PRNewswire-USNewswire/ -- ....
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CAPMAS: 5.1% increase in industrial production in 2014 Q 1
Date: 2014-10-01 14:41:55 GMT - Egypt - Economy - SN:88 - ID:1050845
CAIRO, Oct 1 (MENA) - The Central Agency for Public Mobilization and Statistics (CAPMAS) said on Wednesday the industrial production increased during the first quarter of 2014 by 5.1 percent, hitting EGP 85.1 billion, compared to EGP 81 billion ....
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Exchange gains in September hit 2.4bn pounds
Date: 2014-10-01 12:09:56 GMT - Egypt - Economy - SN:48 - ID:1049397
CAIRO, Oct 1 (MENA) - The Egyptian Exchange made gains during the past month hitting 2.4 billion pounds, bringing the market capital to 526.2 billion pounds compared to 523.8 billion pounds in August, indicated a monthly report by the bourse on ....
