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Economy
- Service : English General
- Category : Economy
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EGX indexes show mixed performance
Date: 2014-08-27 12:15:40 GMT - Egypt - Economy - SN:61 - ID:893889
CAIRO, Aug 27 (MENA) - The Egyptian Exchange (EGX) showed mixed performance at the close of Wednesday's trading due to intensive sales by Egyptian investment funds and Arab investors. The market capital gained 1.4 billion pounds. The main ....
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Global/PRNews(1):Ningxia, China aggressively develops exhibition business
Date: 2014-08-27 09:18:53 GMT - Egypt - Economy - SN:38 - ID:893474
Ningxia, China aggressively develops exhibition business, staying at forefront of China- Arab communications NINGXIA, China, Aug. 27, 2014 /PRNewswire/MENA/-- Driven by the need for large-scale development in Western China and the strategy of ....
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IDB finances Egyptian projects worth USD 424.8M
Date: 2014-08-26 19:51:21 GMT - Kingdom of Saudi Arabia - Economy - SN:144 - ID:892920
JEDDAH, Aug 26 (MENA) – The Islamic Development Bank (IDB) will finance two projects in Egypt worth USD 424.6 million. The funds will go to the development of Sharm el-Sheikh Airport and Assuit refinery. The announcement came during the ....
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Investment Ministry says not authorized to issue licenses for journalists
Date: 2014-08-26 18:06:13 GMT - Egypt - Economy - SN:129 - ID:892761
CAIRO, Aug 26 (MENA) - The Investment Ministry said on Tuesday it was not authorized to issue licenses for journalists and that it had no relation with the press profession in any form. The ministry was commenting on recent reports that it ....
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Egypt, WB sign $12m coop deal
Date: 2014-08-26 18:02:22 GMT - Egypt - Economy - SN:128 - ID:892672
CAIRO, Aug 26 (MENA) - Minister of International Cooperation Naglaa el-Ahwani and the World Bank Country Director in Cairo Hartwig Schafer on Tuesday signed two agreements to fund Egyptian projects. The first agreement stipulates that WB's MENA ....
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Egyptian, S.Korean trade authorities sign cooperation protocol
Date: 2014-08-26 12:40:37 GMT - Egypt - Economy - SN:80 - ID:892004
CAIRO, Aug 26 (MENA) - The commercial representation authority in Egypt and South Korea's Trade-Investment Promotion Agency (KOTRA) Tuesday inked a protocol under which they will exchange expertise and information with the aim to support trade ....
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EGX indexes go down on back of profit taking
Date: 2014-08-26 12:26:19 GMT - Egypt - Economy - SN:74 - ID:892150
CAIRO, Aug 26 (MENA) – Indexes of the the Egyptian Exchange went down Tuesday on the backdrop of profit taking. The EGX 30 benchmark index lost 0.47 percent to close at 9,359.18 points. The broader EGX 70 index of the leading smaller and mid cap ....
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Challenges facing textile industry 'solvable' - Min.
Date: 2014-08-26 11:35:53 GMT - Egypt - Economy - SN:62 - ID:891856
CAIRO, Aug 26 (MENA) - Investment Minister Ashraf Salman said on Tuesday that challenges facing the textile industry are solvable. These issues can be settled through establishing new projects and preparing scientific studies to revive this ....
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South Korea's investments in Egypt hit 350 million dollars
Date: 2014-08-26 11:02:13 GMT - Egypt - Economy - SN:51 - ID:891724
CAIRO, Aug 26 (MENA) - The head of the Egypt-Korea Business Council said South Korea's investments in Cairo hit 350 million dollars. The Korean side is very keen on channeling more investments into Egypt specially in the infrastructure field, head ....
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GAFI: Samsung to pump new investments in Egyptian market
Date: 2014-08-26 09:36:37 GMT - Egypt - Economy - SN:38 - ID:891678
CAIRO, Aug 26 (MENA) - Head of the General Authority for Investment and Free Zones (GAFI) Dr Hassan Fahmy said the Korean Samsung Electronics Company is seeking to pump new investments worth dlrs 35 million in its factory in Kom Abu Radhi in Beni ....
