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Economy
- Service : English General
- Category : Economy
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Chambers of Commerce calls on Mansour to disapprove tax on bourse profit bill
Date: 2014-05-31 16:42:48 GMT - Egypt - Economy - SN:85 - ID:753728
CAIRO, May 31 (MENA) – Head of the General Federation of Chambers of Commerce Ahmed Wakil urged on Saturday Interim President Adly Mansour to disapprove a draft law that aims to impose a tax on profit and cash dividends from the stock market ....
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World Bank Group pumps over $8bn to upgrade agricultural sector in Egypt
Date: 2014-05-31 06:51:10 GMT - Egypt - Economy - SN:8 - ID:752594
CAIRO, May 31 (MENA) - The World Bank Group has helped boost agricultural investments in Egypt. In 2013, the group signed contracts with the agricultural sector worth 8.1 billion dollars, it said in a statement. The volume of aid offered by ....
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Global PRNewswire:HRH Khaled bin Sultan wins Ocean Conservation Award
Date: 2014-05-30 13:55:48 GMT - Egypt - Economy - SN:68 - ID:752003
Global PRNewswire 30-5-2014 LANDOVER, Maryland, May 30, 2014 /PRNewswire/MENA/ -- The Khaled bin Sultan Living Oceans Foundation and its founder, His Royal Highness Prince Khaled bin Sultan of Saudi Arabia, have been awarded a Peter Benchley ....
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Ship carrying 33,000 tons of diesel oil arrives at Alex. Port
Date: 2014-05-30 09:17:08 GMT - Egypt - Economy - SN:30 - ID:751462
ALEXANDRIA, May 30 (MENA) - A vessel carrying 33,000 tons of diesel oil arrived at Alexandria Port Friday. The ship was coming from Malta, said the chairman of the Alexandria port authority. It has been successfully unloaded, he added. ....
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Bourse loses EGP 1.8bn last week
Date: 2014-05-30 08:05:07 GMT - Egypt - Economy - SN:20 - ID:751324
CAIRO, May 30 (MENA) - The Egyptian Exchange closed last week with losses amounting to EGP 1.8 billion and its indexes were all down. The capital market declined to EGP 476.2 billion, 0.37 percent less than last month. During the course of the ....
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Global-PRNewswire 1
Date: 2014-05-30 05:16:14 GMT - Egypt - Economy - SN:3 - ID:751140
Strontium Launches Ultra-high Speed NITRO PLUS Series of MicroSD and SD Cards DUBAI, United Arab Emirates, May 30, 2014 /PRNewswire/ -- Strontium, a leading digital storage brand from Singapore, today launched its finest and fastest range -- the ....
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CBE keeps interest rates unchanged
Date: 2014-05-29 15:45:27 GMT - Egypt - Economy - SN:152 - ID:750777
CAIRO, May 29 (MENA) - The Monetary Policy Committee at the Central Bank of Egypt (CBE) has kept the overnight interest rate unchanged. The rate is kept at 8.25 per cent for deposit and 9.25 percent for lending, the CBE said in a statement on ....
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182-day T-bills auctioned
Date: 2014-05-29 14:41:21 GMT - Egypt - Economy - SN:141 - ID:750503
CAIRO, May 29 (MENA) - The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 2.5 billion. In an online statement, the ministry said it sold 182-day T-bills with an average yield of 10.654%, it said, adding it accepted ....
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EGX hits biggest daily loss in 2014
Date: 2014-05-29 13:12:36 GMT - Egypt - Economy - SN:122 - ID:750488
CAIRO, May 29 (MENA) - The Egyptian Exchange (EGX) recorded the largest daily loss in 2014 after reports surfaced about plans to impose a tax on share profits. The market capital lost EGP 12.2 billion on Thursday after transactions reached EGP ....
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Egyptian bourse to lose competitiveness if share tax imposed
Date: 2014-05-29 12:45:52 GMT - Egypt - Economy - SN:119 - ID:750305
CAIRO, May 29 (MENA) - The Egyptian government's plans to impose a tax on profit and cash dividends from the stock market transactions will make the Egyptian Exchange lose its international competitiveness, the Egyptian Association for Financing and ....
