Economy

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  • Category : Economy
  • Etihad agrees to take 49% stake in Alitalia

    Date: 2014-06-25 16:26:45 GMT - Italy - Economy - SN:130 - ID:797706

    ROME, June 25 (MENA) - Abu Dhabi's state-owned Etihad Airways said it has agreed terms and conditions for its purchase of a 49% stake in Italy's Alitalia, the BBC News reported Wednesday. In a joint statement, the two airlines said they would now ....

  • Egypt bourse loses 4.2bIn, main index down by 1.05%

    Date: 2014-06-25 12:50:56 GMT - Egypt - Economy - SN:89 - ID:797304

    CAIRO, June 25 (MENA) - The Egyptian Exchange (EGX) indices went down on Wednesday amid intensive sale operations by foreign investors and local institutions and investment funds amid fears about the turmoil in Libya and Iraq. The market capital ....

  • Global-PRNewswire (2):National Grid Saudi Arabia Selects Doble Engineering to Help Grid Infrastructure Reliability

    Date: 2014-06-25 12:18:00 GMT - Egypt - Economy - SN:82 - ID:797299

    -- Organization Signs Multimillion Dollar Agreement with Doble Engineering, Invests in Advanced Services to Support Grid Health and Reliability WATERTOWN, Massachusetts and RIYADH, Saudi Arabia, June 25, 2014 /PRNewswire/ -- In line with ....

  • Salman underlines importance of having investment map for Egypt

    Date: 2014-06-25 10:42:19 GMT - Egypt - Economy - SN:53 - ID:796954

    CAIRO, June 25 (MENA) - Minister of Investment Ashraf Salman underlined on Wednesday the importance of Egypt's participation in all investment promotion activities to get investors acquainted with investment opportunities in Egypt. At a meeting ....

  • Egyptian bourse BOD recommends optional mechanism for commercial arbitration

    Date: 2014-06-25 10:35:05 GMT - Egypt - Economy - SN:51 - ID:797026

    CAIRO, June 25 (MENA) - The Egyptian stock exchange Board of Directors (BOD) discussed a recommendation to establish an optional mechanism for commercial arbitration with the purpose of resolving disputes which would enhance the pace of resolving ....

  • Global/PRNews(1):Saudi Post & Alinma Bank Sign Global Remittance Agreement with Western Union

    Date: 2014-06-25 06:30:15 GMT - Egypt - Economy - SN:19 - ID:796431

    RIYADH, Saudi Arabia, June 25, 2014/PRNewswire-FirstCall/ -- Saudi Postal Corporation and Alinma Bank, one of the fastest growing banking institutions in Saudi Arabia, have entered into an agreement with Western Union (NYSE: WU) to offer Western ....

  • US business delegation to visit Egypt in November

    Date: 2014-06-25 05:51:17 GMT - USA - Economy - SN:13 - ID:796333

    WASHINGTON, June 25 (MENA) - A delegation grouping American businessmen will visit Egypt in November to explore spheres of cooperation, Egyptian Ambassador here Mohamed Tawfiq said. Addressing the joint meeting of the US Chamber of Commerce and the ....

  • IMF ready to hel Egypt if requested - official

    Date: 2014-06-25 05:00:16 GMT - United Nations - Economy - SN:5 - ID:796320

    WASHINGTON, June 25 (MENA) - The International Monetary Fund (IMF) is ready to help Egypt if requested to, the representative of Egypt and the Arab countries in the IMF said. Till now, Egypt did not ask for any help from the fund or announce ....

  • Egyptian GDRs in London stable

    Date: 2014-06-24 19:00:41 GMT - United Kingdom - Economy - SN:162 - ID:796007

    LONDON, June 24 (MENA) - The Egyptian global depository receipts (GDRs) in the London Stock Exchange (LSE) showed stable performance at the close of Tuesday's trading. The GDRs of the Commercial International Bank (CIB) went down by 1.99 ....

  • Global PR Newswire: adam&eveDDB crowned Cannes Lions 2014 Agency of the Year

    Date: 2014-06-24 17:04:45 GMT - Egypt - Economy - SN:136 - ID:795901

    adam&eveDDB crowned Cannes Lions 2014 Agency of the Year amid massive 22 Lion Awards haul LONDON, June 24, 2014 /PRNewswire/ -- adam&eveDDB, the DDB network's UK agency, capped off an impressive week at Cannes last night by winning the coveted ....

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