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Economy
- Service : English General
- Category : Economy
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EGP 1.28 billion transaction on Amer Group shares
Date: 2014-06-12 11:02:31 GMT - Egypt - Economy - SN:59 - ID:774190
CAIRO, June 12 (MENA) - The Egyptian Stock Exchange made a 1.28 billion pounds transaction on 876 million shares of Amer Group as part of the new Block Trading mechanism designed for for large volume transactions. In a statement, the bourse said ....
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Egyptian GDRs in London show mixed performance
Date: 2014-06-11 18:31:38 GMT - United Kingdom - Economy - SN:128 - ID:773280
LONDON, June 11 (MENA) - The Egyptian global depository receipts (GDRs) in the London Stock Exchange showed mixed performance at the close of Wednesday's trading. The GDRs of the Commercial International Bank (CIB) rose to 4.95 dollars, while the ....
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Egypt records 2.2 bln dollars balance of payment surplus in 9M
Date: 2014-06-11 15:59:38 GMT - Egypt - Economy - SN:101 - ID:773006
CAIRO, June 11 (MENA ) - Egypt's Balance of Payments (BOP) registered an overall surplus of 2.2 billion dollars during the period from July to March 2013/2014 compared to a 2.1 billion dollars deficit during the same period last year, according to ....
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Bourse gains EGP 5bln; main index up 1.65%
Date: 2014-06-11 15:46:20 GMT - Egypt - Economy - SN:97 - ID:773053
CAIRO, June 11 (MENA) - The Egyptian Exchange (EGX) surged on Wednesday after a decision by Stainely Morgan to keep the Egyptian bourse in its index for emerging markets. The EGX 30 benchmark index went up by 1.65 percent to 8,708.69 ....
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Bourse head welcomes Morgan Stanley's decision on Egypt
Date: 2014-06-11 11:06:35 GMT - Egypt - Economy - SN:41 - ID:772378
CAIRO, June 11 (MENA) - President of the Egyptian Exchange Mohamed Umran welcomed on Wednesday Morgan Stanley's decision to keep the bourse among its comprehensive emerging markets index (MSCI), citing an improvement of the economic situation in ....
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World Bank Cuts Global Growth Forecast After ‘Bumpy’ 2014 Start
Date: 2014-06-11 09:50:47 GMT - Egypt - Economy - SN:34 - ID:772069
CAIRO, June 11 (MENA) - The World Bank cut its global growth forecast amid weaker outlooks for the U.S., Russia and China, while calling on emerging markets to strengthen their economies before the Federal Reserve raises interest rates. In a ....
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6,000 tons of butane gas, 52,753 tons of iron arrive at Suez harbors
Date: 2014-06-11 09:19:26 GMT - Egypt - Economy - SN:30 - ID:771937
SUEZ, Egypt, June 11 (MENA) - As many as 6,000 tons of butane gas arrived at Zaityat port coming from Yanbu port, Chairman of Red Sea Ports Authority Hassan Fallah said Wednesday. Adabiya port received 52,753 tons of iron on board a Panamanian ....
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WB expects 1.9% growth in Middle East, North Africa in 2014
Date: 2014-06-11 08:30:21 GMT - Egypt - Economy - SN:25 - ID:771970
CAIRO, June 11 (MENA) - Growth in the developing countries of the Middle East and North Africa region is projected to pick up gradually to 1.9 percent in 2014 and 3.6 percent and 3.5 percent in 2015 and 2016, respectively, helped by a rebound in oil ....
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Egyptian bourse remains among Morgan Stanley's emerging markets index
Date: 2014-06-11 08:07:39 GMT - Egypt - Economy - SN:21 - ID:771928
CAIRO, June 11 (MENA) - Morgan Stanley kept Egypt's Stock Exchange among its comprehensive emerging markets index in light of the improvement of the economic situation in Egypt and foreign cash reserves. In a statement, the foundation said there ....
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3 new GAFI branches to be established during new fiscal year
Date: 2014-06-10 16:23:29 GMT - Egypt - Economy - SN:113 - ID:771087
CAIRO, June 10 (MENA) – Egypt's Minister of Trade and Industry Munir Fakhry Abdel Nour said on Tuesday that three new branches of the General Authority for Investment (GAFI) will be opened during the 2014-2015 fiscal year. The new branches will ....
