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Economy
- Service : English General
- Category : Economy
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EGX doubles profits in midday session
Date: 2014-06-05 10:56:44 GMT - Egypt - Economy - SN:51 - ID:762436
CAIRO, June 5 (MENA) - The Egyptian Exchange doubled its gains during midday trading with firm share purchases by Egyptian and foreign institutions and mutual funds. The market capital gained EGP 10.3 billion to reach EGP 480.7 billion. The ....
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Beltone offers to acquire 20% of Hermes shares for 1.8 billion pounds
Date: 2014-06-05 09:04:40 GMT - Egypt - Economy - SN:36 - ID:762124
CAIRO, June 5 (MENA) - Beltone Financial and a group of investors, made an offer to acquire a 20 percent stake in Egyptian investment bank EFG Hermes in return for 1.8 billion pounds. The group, in a statement sent to the Egyptian Exchange ....
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Egypt's bourse makes more gains after Beltone offer for Hermes stakes
Date: 2014-06-05 08:23:58 GMT - Egypt - Economy - SN:32 - ID:762050
CAIRO, June 5 (MENA) - The Egyptian Exchange made strong collective gains at early trading on Thursday prompted by purchases by Egyptian investors, institutions and foreign investment funds following news on Beltone's offer for Hermes ....
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Nile water drops 1cm
Date: 2014-06-04 13:32:19 GMT - Egypt - Economy - SN:87 - ID:760911
CAIRO, June 4 (MENA) - The Nile River water level dropped Wednesday to record 174.43 meters, one centimeter less than Tuesday. Water released from the Aswan Dam reached 255 million cubic meters and the amount of water coming freshly to Lake ....
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All EGX indices up on Wednesday
Date: 2014-06-04 13:09:44 GMT - Egypt - Economy - SN:79 - ID:760718
CAIRO, June 4 (MENA) – All indices of the Egyptian Exchange (EGX) were up at the closing session on Wednesday, prompted by massive purchase by local investment funds and corporations. The market capital gained around 6.3 billion pounds to reach ....
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Global PR/Newswire
Date: 2014-06-04 12:59:40 GMT - Egypt - Economy - SN:74 - ID:760945
GRE® Repeaters Show Score Gains -- New data: Most individuals who took the GRE® revised General Test a second time increased their scores PRINCETON, New Jersey, June 4, 2014 /PRNewswire/ -- Since 2012, the number of people taking the GRE ® ....
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Sharp decline in 95 octane gas consumption - report
Date: 2014-06-04 12:50:20 GMT - Egypt - Economy - SN:70 - ID:760609
CAIRO, June 4 (MENA) - A report released by the Petroleum Authority on the consumption of gasoline 95 octane showed a sharp decline on the local market despite the fact that it is a high quality fuel. The 95 octane gas consumption reached around ....
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More Kuwaiti investments in Egyptian market are urged
Date: 2014-06-04 10:22:19 GMT - Egypt - Economy - SN:50 - ID:760382
CAIRO, June 4 (MENA) - Kuwaiti Ambassador here Salem Gasab Zamanan urged on Wednesday the Kuwaiti investors to pump more investments into the Egyptian market within the coming period. The diplomat, in a meeting with Egyptian Industry and Trade ....
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Global PR/Newswire
Date: 2014-06-04 06:01:43 GMT - Egypt - Economy - SN:17 - ID:759769
Johnson at Cornell University to Launch Dual Degree Program with Tsinghua University, PBC School of Finance, Beijing, China -- The MBA Program will be the only program conducted bilingually in English and Mandarin currently offered in the ....
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NBE increases SMEs loan portfolio by 13 pct
Date: 2014-06-03 20:02:57 GMT - Egypt - Economy - SN:174 - ID:759301
CAIRO, June 3 (MENA) - National Bank of Egypt announced Tuesday results for the first half of fiscal year 2013/2014 which showed the growth of the total regular loan portfolio of small and medium projects by 13 percent to EGP 10.6 billion in ....
