Economy

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  • Category : Economy
  • global1:Kerui Makes Inroads into the Market of Large GT-driven Screw Compressors

    Date: 2014-08-26 08:51:45 GMT - Egypt - Economy - SN:32 - ID:891669

    DONGYING, China, Aug. 26, 2014 /PRNewswire/MENA -- Recently, Kerui Petroleum Equipment Co., Ltd. (hereinafter referred to as "Kerui") signed a contract with a company from Southeast Asia. In accordance with the provisions of the contract, Kerui will ....

  • Suez Canal investment certificates not to affect banking saving: CBE

    Date: 2014-08-25 21:24:52 GMT - Egypt - Economy - SN:137 - ID:891259

    CAIRO, Aug 25 (MENA) – Governor of the Central Bank of Egypt (CBE) Hisham Ramez said on Monday that the new Suez Canal investment certificates will not affect the rate of banking saving or liquidity in Egypt. In a phone call with Sada el-Balad ....

  • Presidential decree approves raising Egypt share in IFC capital

    Date: 2014-08-25 18:42:51 GMT - Egypt - Economy - SN:115 - ID:891124

    CAIRO, Aug 25 (MENA) – Egypt’s President Abdel Fattah El Sisi issued a decree on Monday that approves a decision to increase the capital of the International Finance Corporation (IFC), the private sector arm of the World Bank Group, presidential ....

  • Global PR Newswire (1):MIAX Price Improvement Mechanism (PRIME™) Rollout is Complete

    Date: 2014-08-25 16:12:11 GMT - Egypt - Economy - SN:95 - ID:890979

    PRINCETON, New Jersey, Aug. 25, 2014 /PRNewswire/ -- MIAX Options Exchange (MIAX) announced today that it has completed the rollout of the MIAX Price Improvement Mechanism (PRIME), which began on August 8, 2014. PRIME has now been deployed across ....

  • Bourse Indexes down on Monday on backdrop of profit taking

    Date: 2014-08-25 12:56:45 GMT - Egypt - Economy - SN:74 - ID:890468

    CAIRO, Aug 25 (MENA) – Indexes of the the Egyptian Exchange on Monday went back on the backdrop of profit taking with the market capital losing 2.3 billion pounds. The EGX 30 benchmark index lost 0.97 percent to close at 9,403.39 points. The ....

  • Bourse gains EGP 4.1 bn

    Date: 2014-08-24 13:07:47 GMT - Egypt - Economy - SN:83 - ID:888889

    CAIRO, Aug 24 (MENA) – The Egyptian Exchange made gains at the close of the week's first trading session on Sunday backed by wide purchases by local and foreign mutual funds and institutions of housing and contracting sector shares. The market ....

  • B.B. Misr Company announces producing gas via DEKA project

    Date: 2014-08-23 15:31:42 GMT - Egypt - Economy - SN:63 - ID:887655

    CAIRO, Aug 23 (MENA) - B.B. Misr Company announced on Saturday that it would produce gas via DEKA project at a rate of 50 million cubic feet per day. The DEKA project will supply gas to the Egyptian local market. The Regional President of B.B. ....

  • Trade Ministry: Egypt's exports up by 3.6% in 2014

    Date: 2014-08-22 16:18:31 GMT - Egypt - Economy - SN:75 - ID:886317

    CAIRO, Aug 22 (MENA) – The Ministry of Industry and Trade said Friday Egyptian exports decreased by 3% in July 2014 to 10,607 billions pounds compared with 10,939 billions in July 2013. Ministry statistics, however, showed that Egyptian exports ....

  • Official welcomes MENA decision to open office in Rabat

    Date: 2014-08-22 13:57:42 GMT - Egypt - Economy - SN:59 - ID:886135

    CAIRO, Aug 22 (MENA) – Chairman of the Egyptian-Moroccan Chamber of Commerce Ibrahim Abu Omaira welcomed on Friday a decision by MENA to open an office in Morocco. Abu Omaira told MENA that opening an office there would contribute to boosting ....

  • Global-PRNewswire

    Date: 2014-08-22 07:14:15 GMT - Egypt - Economy - SN:19 - ID:885644

    Kerui Colombia Created a New NPT Record in Daywork Drilling DONGYING, China, Aug. 22, 2014 /PRNewswire/ -- In the first half of 2014, the Z103H well, a Colombian drilling project undertaken by Kerui Petroleum Equipment Co., Ltd. (hereinafter ....

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