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Economy
- Service : English General
- Category : Economy
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Egyptian GDRs in London stable
Date: 2014-06-06 16:46:00 GMT - United Kingdom - Economy - SN:95 - ID:764892
LONDON, June 6 (MENA) - The Egyptian global depository receipts (GDRs) in the London Stock Exchange (LSE) showed stable performance at the close of Friday's trading. The GDRs of Orascom Telecom, EFG-Hermes, Orascom Construction Industries and ....
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Global PR/Newswire (1): The First Overseas Wholly-Owned Manufacturing Base of XCMG is Founded in Brazil
Date: 2014-06-06 14:22:59 GMT - Egypt - Economy - SN:70 - ID:764737
POUSO ALEGRE, Brazil, June 6, 2014 /PRNewswire/ -- On June 6, 2014, the completion and roll-out ceremony of the manufacturing base of XCMG, Brazil was held in Pouso Alegre, Minas, Brazil. Government officials, representatives of enterprises and the ....
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Bourse indexes up last week
Date: 2014-06-06 08:25:34 GMT - Egypt - Economy - SN:19 - ID:763951
CAIRO, June 6 (MENA) - The Egyptian Exchange indexes closed last week up and the market capital gained EGP 10.3 billion to hit EGP 486.6 billion. During the course of the week, the benchmark index EGX 30 jumped 3.1 percent to 8,499 points, said a ....
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Global/PRNewswire :World Grocer Donates 30+ Year Shelf Life Emergency Drinking Water to American Red Cross Central Valley Region
Date: 2014-06-05 21:36:49 GMT - Egypt - Economy - SN:155 - ID:763724
Global/PRNewswire 5-6-2014 FRESNO, California, June 5, 2014 /PRNewswire/MENA/ -- Today the American Red Cross Central Valley Region distributed Emergency Drinking Water donated by World Grocer of Turlock to their Emergency Response storage ....
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Egypt auctions T-bonds worth EGP 65.2 bln in June
Date: 2014-06-05 17:11:25 GMT - Egypt - Economy - SN:127 - ID:763361
CAIRO, June 5 (MENA) - The Finance Ministry is due to auction treasury bills at a total value of EGP 65.250 billion in June. In an online statement, the ministry said it will auction 91-day T-bills, 182-day T-bills, 237 T-bills and 364-day ....
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5% tax income on +one-million-pound earners
Date: 2014-06-05 15:29:09 GMT - Egypt - Economy - SN:109 - ID:763207
CAIRO, June 5 (MENA) - Outgoing President Adly Mansour issued a decree to impose a 5% temporary income tax on natural and legal persons who earn more than EGP one million. The law, to be enforced for three years only, will come into force as of ....
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Bourse gains EGP 16.1 bn, main index up by 4.7%
Date: 2014-06-05 13:47:12 GMT - Egypt - Economy - SN:94 - ID:762983
CAIRO, June 5 (MENA) - The Egyptian Stock Exchange achieved gains worth EGP 16.1 billion at closing on Thursday, backed by intensive purchases by investors and foreign funds. Market capitalization recorded EGP 486.5 billion. Turnover reached EGP ....
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182-, 364-day T-bills auctioned
Date: 2014-06-05 13:38:55 GMT - Egypt - Economy - SN:93 - ID:762970
CAIRO, June 5 (MENA) - The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 6 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 182-day T-bills. The average yield was 10.886%, it said, ....
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Mansour agrees to raise Egypt's AMF share capital subscription
Date: 2014-06-05 11:49:46 GMT - Egypt - Economy - SN:64 - ID:762581
CAIRO, June 5 (MENA) - Outgoing President Adly Mansour issued a decree to approve a decision to allow Egypt to participate in an initial public offering of the Arab Monetary Fund to raise its share capital. The IPO on 50% or 300 million Arab ....
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Egypt forex reserves decline by $206 mn in May
Date: 2014-06-05 11:16:33 GMT - Egypt - Economy - SN:56 - ID:762438
CAIRO, June 5 (MENA) – The country's foreign currency reserves were down by $206 million to $17.283 billion in May compared with $17.489 billion in April, the Central Bank of Egypt said Thursday. The decline is deemed acceptable in light of the ....
