Economy

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  • Category : Economy
  • Egypt auctions T-bonds at EGP 2 billion

    Date: 2014-09-22 12:02:04 GMT - Egypt - Economy - SN:67 - ID:988745

    CAIRO, Sept 22 (MENA) - The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 2 billion. In an online statement, the ministry said it sold EGP 1.5 billion of 5-year and EGP 500 million of 10-year. The Central Bank of ....

  • CAPMAS employees buy 2.8m worth of Suez's investment certificates

    Date: 2014-09-22 08:47:01 GMT - Egypt - Economy - SN:36 - ID:986785

    CAIRO, Sept 22 (MENA) - Employees of the Central Agency for Public Mobilization and Statistics (CAPMAS) bought Suez Canal investment certificates at a total value of 2.8 million pounds. In a statement, the CAPMAS said the employees are confident ....

  • PM to open Money and Finance conf next week

    Date: 2014-09-22 08:45:27 GMT - Egypt - Economy - SN:35 - ID:986877

    CAIRO, Sept 22 (MENA) - Under the auspices of Prime Minister Ibrahim Mahlab, the 10th annual Money and Finance Conference will take place on September 29-30. The conference, organized by Al Mal GTM, will touch upon several pressing issues ....

  • PM appoints independent experts as EGX board members

    Date: 2014-09-22 07:52:09 GMT - Egypt - Economy - SN:27 - ID:986601

    CAIRO, Sept 22 (MENA) - Prime Minister Ibrahim Mahlab has decided to appoint two independent experts at the Egyptian Exchange (EGX) board. The government is seeking to apply principles of good governance at the EGX board, an EGX statement said ....

  • Egypt, British discuss investment, economic challgens

    Date: 2014-09-21 21:35:21 GMT - Egypt - Economy - SN:158 - ID:985405

    ALEXANDRIA, Sept 21(MENA) - An Alexandria businessmen association met with a British diplomatic delegation on Sunday. They discussed the challenges that the Egyptian economy is facing and ways to lure more investors. The delegation included ....

  • Total sale proceeds of Suez Canal investment certificates hit EGP 64bn - CBE governor

    Date: 2014-09-21 14:36:11 GMT - Egypt - Economy - SN:94 - ID:982765

    CAIRO, Sept 21 (MENA) - Total sale proceeds of Suez Canal investment certificates hit 64 billion pounds within eight days, announced Central Bank of Egypt (CBE) Governor Hesham Ramez. Speaking at a press conference held on Sunday, Ramez said ....

  • EGX down 0.11 percent after Boulak terrorist blast

    Date: 2014-09-21 12:45:17 GMT - Egypt - Economy - SN:71 - ID:981957

    CAIRO, Sept 21 (MENA) – The Egyptian Exchange recorded losses at the close of Sunday’s trading session on the back of this morning's deadly terrorist blast in Boulak Abul-Ela. The market capital lost EGP 1.9 billion to reach EGP 525.2 billion ....

  • 91-, 273-day T-bills auctioned

    Date: 2014-09-21 12:44:45 GMT - Egypt - Economy - SN:70 - ID:981057

    CAIRO, Sept 21 (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 11.758%, adding it ....

  • 34,000 tons of mazut reach Alexandria port

    Date: 2014-09-21 11:56:31 GMT - Egypt - Economy - SN:58 - ID:980017

    ALEXANDRIA, Egypt, Sept 21 (MENA) - A cargo vessel carrying 34,000 tons of mazut arrived at Alexandria port on Sunday. The vessel sailed in from Malta and was unloaded easily and smoothly, according to Head of Alexandria Port Authority Adel ....

  • IDSC: Suez Canal revenues up by 8.6% in July

    Date: 2014-09-21 09:46:02 GMT - Egypt - Economy - SN:29 - ID:980013

    CAIRO, Sept 21 (MENA) - The Suez Canal revenues increased in July this year by 8.6% registering 482.2 million dollars, compared with 443.9 million dollars in June, the Cabinet, Information and Decision Support Center (IDSC) said. The number of ....

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