Economy

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  • Category : Economy
  • Global / PRNewswire

    Date: 2014-06-26 14:31:07 GMT - Egypt - Economy - SN:101 - ID:799480

    American Capital Energy & Infrastructure Expands North America Investment Team ANNAPOLIS, Maryland, June 26, 2014 /PRNewswire/ -- American Capital Energy & Infrastructure announced today that it has expanded its North America investment team ....

  • Bourse indexes rise at end of week's trading

    Date: 2014-06-26 12:57:39 GMT - Egypt - Economy - SN:75 - ID:799169

    CAIRO, June 26 (MENA) - The Egyptian Exchange indexes continued an upward trend backed by share purchases by Arab and foreign investors. The capital market capital gained EGP 1.5 billion on Thursday to hit EGP 473.79 billion after transactions ....

  • 182-, 364-day T-bills auctioned

    Date: 2014-06-26 11:42:44 GMT - Egypt - Economy - SN:61 - ID:798975

    CAIRO, June 26 (MENA) - The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 7 billion. In an online statement, the ministry said it sold EGP 3 billion of 182-day T-bills. The average yield was 10.827%, it said, ....

  • Islamic bank to lend Egypt dlrs 2.75 billion for South Helwan power plant

    Date: 2014-06-26 07:51:26 GMT - Egypt - Economy - SN:24 - ID:798529

    CARO, June 26 (MENA) - Egypt and the Islamic Bank for Development sign on Thursday a loan agreement whereby the bank will offer 2.75 billion dollars to finance the 1950MW South Helwan power plant, the country's electricity minister said on ....

  • Global-PRNewswire 1

    Date: 2014-06-26 05:43:27 GMT - Egypt - Economy - SN:11 - ID:798349

    Wynyard Group Signs Leading Kingdom of Bahrain Money Exchange MANAMA, Kingdom of Bahrain, June 26, 2014 /PRNewswire/ -- Wynyard Group (NZX: WYN) has won a contract for its Anti-Money Laundering (AML) and Countering Financing of Terrorism (CFT) ....

  • Wages eat up 75% of Egypt’s budget: Planning min.

    Date: 2014-06-25 20:18:30 GMT - Egypt - Economy - SN:169 - ID:798121

    CAIRO, June 25 (MENA) – Planning Minister Ashraf el-Arabi has said only five per cent of Egypt's general budget were allocated for development and setting up new projects. In an interview with Al Hayat TV, the minister said that the other 75 per ....

  • Egyptian GDRs in London stable

    Date: 2014-06-25 18:56:27 GMT - United Kingdom - Economy - SN:158 - ID:798053

    LONDON, June 25 (MENA) - The Egyptian global depository receipts (GDRs) in the London Stock Exchange (LSE) showed stable performance at the close of Wednesday's trading. The GDRs of Orascom Telecom, EFG-Hermes and Orascom Construction Industries ....

  • Mahlab says new budget to be finalized soon

    Date: 2014-06-25 17:02:59 GMT - Egypt - Economy - SN:139 - ID:797857

    CAIRO, June 25 (MENA) – Prime Minister Ibrahim Mahlab said on Wednesday that the new draft budget will be finalized soon. Cabinet spokesman Hossam al-Qawish said that the new amendments will be presented to President Abdel Fattah El Sisi, once ....

  • Global/PRNewswire:Bayat Energy And Schlumberger Sign Memorandum of Understanding To Discuss Agreement For Sale and Lease of Oilfield Equipment in Afghanistan

    Date: 2014-06-25 16:56:10 GMT - Egypt - Economy - SN:136 - ID:797907

    Global/PRNewswire 25-6-2014 KABUL, Afghanistan, June 25, 2014 /PRNewswire/MENA/ -- Bayat Energy and Schlumberger today announced the execution of a Memorandum of Understanding detailing a collective plan to discuss a non-exclusive Agreement ....

  • Egypt, Arabia sign protocol to push up joint company's capital

    Date: 2014-06-25 16:30:58 GMT - Egypt - Economy - SN:133 - ID:797656

    CAIRO, June 25 (MENA) - A protocol has been signed to increase the capital of the a joint Egyptian-Saudi construction business to $318 million. The current capital of the Saudi-Egyptian Construction Company is only $75 million. Today's accord ....

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