Economy

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  • Category : Economy
  • Huge turnout for Suez Canal certificates leads to drop in demand on US dollars

    Date: 2014-09-07 11:29:16 GMT - Egypt - Economy - SN:45 - ID:910100

    CAIRO, Sept 7 (MENA) - Foreign exchange market dealers said that there is a decrease in demand on the US dollar due to the high turnout in buying investment certificates of the new Suez Canal Project. Certificates were made available for purchase ....

  • 27,000 tons of diesel arrive to Alex. port from Malta

    Date: 2014-09-07 10:35:54 GMT - Egypt - Economy - SN:36 - ID:910036

    ALEXANDRIA, Egypt, Sept 7 (MENA) - A ship arrived at Alexandria Port carrying 27,000 tons of diesel on Sunday. The ship is coming from Malta, Chairman of Alexandria Port Adel Yassin said. The shipment was smoothly unloaded, he added. ....

  • High turnout at Suez banks to buy Suez Canal certificate

    Date: 2014-09-07 07:28:21 GMT - Egypt - Economy - SN:11 - ID:909749

    SUEZ, Egypt, Sept 7 (MENA) - Banks selling Suez Canal certificates in Suez governorate witnessed on Sunday a high turnout since early morning today especially at the Suez Canal Bank and the National Bank. Officials at the Suez Canal Bank and the ....

  • Egyptian GDRs in London show mixed performance

    Date: 2014-09-05 18:14:03 GMT - United Kingdom - Economy - SN:94 - ID:908127

    LONDON, Sept 5 (MENA) - The Egyptian global depository receipts (GDRs) in London Stock Exchange dropped at the close of Friday's trading. The GDRs of the Commercial International Bank (CIB) dropped by 0.46 percent. The GDRs of Orascom Telecom ....

  • Int'l cooperation minister urges more infrastructure investments

    Date: 2014-09-05 17:40:21 GMT - Egypt - Economy - SN:89 - ID:908053

    CAIRO, Sept 5 (MENA) - International Cooperation Minister Naglaa Al Ahwani called on Friday for increasing investments in the field of infrastructure to achieve a sustainable growth capable of creating jobs based on equal opportunities. Speaking at ....

  • Cabinet initially agrees prioritizing national products - Minister

    Date: 2014-09-05 11:09:56 GMT - Egypt - Economy - SN:39 - ID:907497

    CAIRO, Sept 5 (MENA) - Trade and Industry Minister Mounir Fakhri Abdel-Nour said on Friday that the cabinet has initially agreed to give priority to home-made products as far as government purchases and contracts are concerned. The bill will be ....

  • Head of major state-owned company rejects 'full-fledged' privatization

    Date: 2014-09-05 08:36:45 GMT - Egypt - Economy - SN:24 - ID:907315

    CAIRO, Sept 5 (MENA) - The chairman of the Holding Company for Cotton Spinning and Weaving rejected on Friday any proposals for selling state-owned factories to the private sector. Ahmed Mostafa welcomed partnership with private companies without ....

  • Global-PRNewswir: The Symbiotic Relationship between "Yiwu market" and "Yiwu Fair"

    Date: 2014-09-05 05:57:07 GMT - Egypt - Economy - SN:7 - ID:907132

    YIWU, China, Sept. 5, 2014 /PRNewswire/ -- Archimedes has ever said "Give me where to stand, I will move the earth." Yiwu Fair is like the important stand point to leverage the social and economic development, and attract guests around the world ....

  • Global-PRNewswire

    Date: 2014-09-05 05:56:53 GMT - Egypt - Economy - SN:6 - ID:907126

    AACSB International Names Timothy Mescon as Senior Vice President and Chief Officer for Europe, the Middle East and Africa TAMPA, Florida, Sept. 5, 2014 /PRNewswire/ -- AACSB International (AACSB) announces the appointment of Timothy S. Mescon, ....

  • Bourse indexes close up last week

    Date: 2014-09-05 05:41:00 GMT - Egypt - Economy - SN:4 - ID:907121

    CAIRO, Sept 5 (MENA) - The Egyptian Exchange indexes closed last week up and the market capital gained EGP 5 billion to hit EGP 529 billion or 1% higher than the week before. During the course of the week, the benchmark index EGX 30 jumped 2.28 ....

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