Economy

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  • Category : Economy
  • Egypt auctions T-bonds

    Date: 2014-09-08 13:56:01 GMT - Egypt - Economy - SN:92 - ID:912046

    CAIRO, Sept 8 (MENA) - The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP two billion. In an online statement, the ministry said it auctioned five-year bonds (maturing on August,12, 2019) with average interest rate ....

  • Egypt bourse loses EGP 2.2bn

    Date: 2014-09-08 13:53:22 GMT - Egypt - Economy - SN:89 - ID:912047

    CAIRO, Sept 8 (MENA) - The Egyptian Exchange (EGX) indices went down on Monday amid intensive sale operations by Arab institutions and fund along with the Egyptian investors. The market capital lost about 2.2 billion pounds to reach 528.2 billion ....

  • Standing committee formed to solve investors' problems, support small investors - Official

    Date: 2014-09-08 13:31:37 GMT - Egypt - Economy - SN:75 - ID:911641

    CAIRO, Sept 8 (MENA) - Chairman of the General Authority for Industrial Development Ismail Gaber said Monday a standing committee has been formed to solve problems of investors and lift the burden off small investors. During an expanded meeting ....

  • Egypt needs new investment law in coming stage: GAFI chairman

    Date: 2014-09-08 11:07:10 GMT - Egypt - Economy - SN:56 - ID:911650

    CAIRO, Sept 8 (MENA) - Chairman of the General Authority For Investment and Free Zones (GAFI) Hassan Fahmi said that Egypt needs a new investment law in the coming stage. The amendments applied to past laws are not suitable for the coming phase, ....

  • Global/PRNews(1):Food Safety Experts Report a "Significant Step Toward Safeguarding Food Supply"

    Date: 2014-09-08 05:23:22 GMT - Egypt - Economy - SN:6 - ID:911148

    Food Safety Experts at NSF International Say Elliott Report a "Significant Step Toward Safeguarding Food Supply" -- Challenge will be in effective implementation as food fraud is a global issue that will require international cooperation and ....

  • Global_1: Rostec's AvtoVAZ Introduces New LADAs, Eyes Exports

    Date: 2014-09-07 18:52:41 GMT - Egypt - Economy - SN:116 - ID:911011

    MOSCOW, Sept. 7, 2014 /PRNewswire/ -- AvtoVAZ, the largest automaker based in Russia, a part of Rostec Corporation, announced that it has introduced three new concept cars at the Moscow International Motor Show 2014. All are aimed to attract ....

  • Trade ministry announces launch of funding program for furniture workshops in Damietta

    Date: 2014-09-07 15:08:21 GMT - Egypt - Economy - SN:79 - ID:910367

    DAMIETTA, Sept 7 (MENA) - Trade and Industry Minister Mounir Fakhry Abdel-Nour announced the launch of a funding program for furniture workshops in Damietta. During visiting a number of furniture workshops in Damietta and a number of mega ....

  • CBE: Foreign reserves up in August

    Date: 2014-09-07 13:38:33 GMT - Egypt - Economy - SN:62 - ID:910374

    CAIRO, Sept 7 (MENA) - The Central Bank of Egypt (CBE) on Sunday said that the country's foreign reserves have increased to hit 16.835 billion dollars in August. In a press release on its website, the CBE added that the figure was 16.736 billion ....

  • 91-, 273-day T-bills auctioned

    Date: 2014-09-07 12:46:03 GMT - Egypt - Economy - SN:57 - ID:910369

    CAIRO, Sept 7 (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 11.765%, adding it ....

  • Sale of Suez Canal certificates expected to exceed EGP 6bn

    Date: 2014-09-07 12:38:18 GMT - Egypt - Economy - SN:56 - ID:910181

    CAIRO, Sept 7 (MENA) – An official source at the Central Bank of Egypt expected today's sales of investment certificates issued for the new Suez Canal project to surpass the revenues - some EGP six billion - achieved on the first day of their ....

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