Economy

  • Service : English General
  • Category : Economy
  • Bourse indexes up last week

    Date: 2014-08-08 08:58:38 GMT - Egypt - Economy - SN:31 - ID:864000

    CAIRO, Aug 8 (MENA) - The Egyptian Exchange indexes closed last week up and the market capital gained EGP 9 billion to hit EGP 510 billion. During the course of the week, the benchmark index EGX 30 jumped 3.7 percent to 9,153 points, said a ....

  • EGX gains EGP 3.2 bln; market capital hits EGP 510 bln

    Date: 2014-08-07 12:56:09 GMT - Egypt - Economy - SN:84 - ID:862913

    CAIRO, Aug 7 (MENA) - The Egyptian Exchange (EGX) continued its upward trend at the end of trading on Thursday, backed by intensive purchases by institutions and local and foreign investment funds. The market capital gained about 3.2 bln pounds ....

  • Egypt bourse continues upward trend

    Date: 2014-08-07 12:35:53 GMT - Egypt - Economy - SN:64 - ID:862676

    CAIRO, Aug 7 (MENA) - The Egyptian Exchange (EGX) continued its upward trend during mid-day trading on Thursday, backed by intensive purchases by institutions and foreign investment funds. The market capital gained about 3.6 billion pounds to ....

  • Forex reserves rise 0.3% in July

    Date: 2014-08-07 11:42:18 GMT - Egypt - Economy - SN:69 - ID:862796

    CAIRO, Aug 7 (MENA) – The Central Bank of Egypt said Thursday that the country's foreign currency reserves were up by $49 million or 0.3% in July following two declining months. Forex reserves hit $16.736 billion at the end of July against $16.687 ....

  • Int'l cooperation minister, Azerbaijani ambassador discuss boosting bilateral cooperation

    Date: 2014-08-07 10:58:13 GMT - Egypt - Economy - SN:67 - ID:862594

    CAIRO, Aug 7 (MENA) - International Cooperation Minister Naglaa el-Ahwani met here Thursday with Azerbaijani ambassador to Egypt Shahin Abdullayev to discuss ways of boosting bilateral cooperation between the two countries in the various ....

  • CBE: total banking deposits rose in May

    Date: 2014-08-06 14:39:22 GMT - Egypt - Economy - SN:115 - ID:861493

    CAIRO, Aug 6 (MENA) - Total deposits of the banking system, other than those of the Central Bank of Egypt's (CBE), rose by about 21 billion pounds to hit 1.403 trillion pounds in May against 1.382 trillion pounds in the same period last year. The ....

  • CBE: Domestic liquidity rose by 14.5 percent by end of May

    Date: 2014-08-06 14:06:12 GMT - Egypt - Economy - SN:108 - ID:861407

    CAIRO, Aug 6 (MENA) - A latest report by the Central Bank of Egypt showed that domestic liquidity rose by 14.5 percent to reach 1.484 trillion pounds by the end of May. The report, a copy of which obtained by MENA, said the increase led to a 13.8 ....

  • Egypt's bourse indexes up

    Date: 2014-08-06 12:43:25 GMT - Egypt - Economy - SN:92 - ID:861321

    CAIRO, Aug 6 (MENA) - Egypt's bourse indexes on Wednesday maintained an upward trend amid intensive purchase operations by foreign funds and corporations. This comes at a time when President Abdel Fattah El Sisi announced the start of the Suez ....

  • Egypt, Canada seek boosting joint cooperation

    Date: 2014-08-06 11:08:14 GMT - Egypt - Economy - SN:55 - ID:860890

    CAIRO, Aug 6 (MENA) – Minister of International Cooperation Naglaa Al-Ahwany met on Wednesday with Canadian Ambassador here David Drake for talks on boosting joint cooperation. The two sides reviewed the size of cooperation between both sides ....

  • Balance of trade deficit down 51.9% from April 2013 -- CAPMAS

    Date: 2014-08-06 08:56:28 GMT - Egypt - Economy - SN:34 - ID:860623

    CAIRO, Aug 6 (MENA) - The balance of trade deficit decreased by 51.9 percent to 10.56 billion pounds in April this year compared with 21.94 billion during the same month in 2013, according to a report by the Central Agency for Public Mobilization ....

Middle East News Agency © - designed and developed : GCSSD