Economy
- Service : English General
- Category : Economy
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9 percent of EFG Hermes shareholders offer shares for sale in Beltone/Sawiris deal
Date: 2014-07-06 12:41:44 GMT - Egypt - Economy - SN:45 - ID:813977
CAIRO, July 6 (MENA) - Nine percent of shareholders at investment bank EFG Hermes offered selling their shares after a purchase bid by Beltone Financial and billionaire Naguib Sawiris' New Egypt Investment Fund, Chairman of the Egyptian Exchange ....
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US investments in Egypt 17 bln dollars: USAID
Date: 2014-07-06 08:07:35 GMT - Egypt - Economy - SN:11 - ID:813428
CAIRO, July 6 (MENA) - The volume of US investments in Egypt is estimated at 17 billion dollars, US Agency for International Development (USAID) said in a statement. The US is now the biggest commercial partner to Egypt, the agency ....
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Business tycoon Samih Sawiris urges gradual subsidy annulment
Date: 2014-07-04 17:33:36 GMT - Egypt - Economy - SN:61 - ID:811669
CAIRO, July 4 (MENA) - Business tycoon Samih Sawiris has called to gradually canceling subsidy on fuel in order to tackle a deficit in the state budget. In an interview with MENA, Sawiris urged to bring about stability and security and amend ....
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EGP 44.5 bln to improve public services new fiscal year -- ministry
Date: 2014-07-04 16:04:04 GMT - Egypt - Economy - SN:54 - ID:811591
CAIRO, July 4 (MENA) - The Planning Ministry said that the economic and social development plan of the 2014/2015 fiscal year has paid great attention to improving public services and achieving social justice in provinces via investments at a total ....
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Bourse indexes up last week
Date: 2014-07-04 12:08:27 GMT - Egypt - Economy - SN:26 - ID:811147
CAIRO, July 4 (MENA) - The Egyptian Exchange (EGX) indexes recorded an upward trend last week. The benchmark EGX 30 jumped up 2.03 percent to reach 8,258 points. The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) soared ....
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Food suppliers not to raise prices
Date: 2014-07-03 17:01:09 GMT - Egypt - Economy - SN:132 - ID:810291
CAIRO, July 3 (MENA) - Major food suppliers, and hypermarket and supermarket chain owners vowed to not raise the price of commodities if fuel prices hiked. During a meeting with Prime Minister Ibrahim Mahlab Thursday, the suppliers said they would ....
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Bourse indexes up at end of week's trading
Date: 2014-07-03 13:43:34 GMT - Egypt - Economy - SN:77 - ID:809788
CAIRO, July 3 (MENA) - The Egyptian Exchange indexes continued an upward trend this week backed by share purchases by local institutions and funds. The capital market capital gained EGP 4.3 billion on Thursday to hit EGP 481.8 billion after ....
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182-, 364-day T-bills auctioned
Date: 2014-07-03 13:29:42 GMT - Egypt - Economy - SN:70 - ID:809820
CAIRO, July 3 (MENA) - The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP six billion. In an online statement, the ministry said it sold EGP 2.5 billion of 182-day T-bills. The average yield was 10.931%, it said, ....
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Global-PRNewswire (5): GRE® Program Now Offers Computer-delivered Testing in Iran, Morocco
Date: 2014-07-03 13:19:56 GMT - Egypt - Economy - SN:69 - ID:809954
PRINCETON, New Jersey, July 3, 2014 /PRNewswire/ -- In response to the growing number of individuals in Iran and Morocco who are considering graduate or business school, the GRE ® Program has opened new test centers that will offer the ....
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Global-PRNewswire (4): GRE® Program Now Offers Computer-delivered Testing in Cameroon, Ethiopia, Malawi and Zambia
Date: 2014-07-03 13:15:57 GMT - Egypt - Economy - SN:68 - ID:809881
PRINCETON, New Jersey, July 3, 2014 /PRNewswire/ -- In response to the growing number of individuals in Cameroon, Ethiopia, Malawi and Zambia who are considering graduate or business school, the GRE ® Program has opened new test centers that will ....