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Economy
- Service : English General
- Category : Economy
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Edita Food Industries plans IPO in Egypt
Date: 2014-05-19 21:20:53 GMT - Egypt - Economy - SN:185 - ID:731233
CAIRO, May 19 (MENA) - Edita Food Industries, an Egyptian snacks maker part-owned by London-based buyout firm Actis LLP, is considering an initial public offering (IPO) as equity values rebound, Bloomberg reported. Edita, whose products include ....
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Egyptian GDRs in London in mixed performance
Date: 2014-05-19 16:34:00 GMT - United Kingdom - Economy - SN:117 - ID:730895
LONDON, May 19 (MENA) - The Egyptian global depository receipts (GDRs) in the London Stock Exchange showed mixed performance at the close of Monday's trading. The GDRs of the Commercial International Bank and Orascom Telecom (CIB) rose by 0.06 ....
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National Bank of Egypt wins world award
Date: 2014-05-19 16:21:08 GMT - Egypt - Economy - SN:111 - ID:730359
CAIRO, May 19 (MENA) - The National Bank of Egypt has been granted the excellence retail financial services award from the Asian Banker. This the second time the Egyptian bank won the award in the past three years. The Asian Banker is a ....
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Bourse indexes recover earlier losses
Date: 2014-05-19 13:57:30 GMT - Egypt - Economy - SN:86 - ID:730322
CAIRO, May 19 (MENA) - The Egyptian Exchange indexes recouped their earlier losses at the end of trading on Monday amid share purchases by local, Arab and foreign institutions. The capital market capital gained EGP 1.6 billion on Monday to hit ....
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Egypt auctions T-bonds
Date: 2014-05-19 13:55:53 GMT - Egypt - Economy - SN:84 - ID:730231
CAIRO, May 19 (MENA) - The Finance Ministry auctioned on Monday treasury bonds at a total value of EGP 4.25 billion. In an online statement, the ministry said it sold EGP 2.25 billion of 5-year treasury bonds and EGP 2 billion of 10-year ....
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SWFs double investments in EGX after June 30 - Beltone Financial
Date: 2014-05-19 13:14:16 GMT - Egypt - Economy - SN:81 - ID:730227
CAIRO, May 19 (MENA) - Global sovereign wealth funds (SWFs) have doubled their investments in the Egyptian Exchange after the June 2013 revolution, CEO of Beltone Financial Holding and former EGX chairman Maged Shawky said. International ....
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Expert spells out Sabahi's economic vision
Date: 2014-05-19 12:55:33 GMT - Egypt - Economy - SN:75 - ID:730139
CAIRO, May 19 (MENA) - Egypt's economic crisis has two main features: the growing deficit in the state budget and the size of loans surpassing the safety barrier, a member of the electoral campaign of presidential candidate Hamdeen Sabahi has ....
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Egyptian consumer confidence drops in April
Date: 2014-05-19 09:18:29 GMT - Egypt - Economy - SN:36 - ID:729789
CAIRO, May 19 (MENA) - A monthly report, published on Monday by the cabinet's Information and Decision Support Centre (IDSC), shows that the Consumer Confidence Index (CCI) fell 0.8 percent to 98.1 points in April compared to 106.6 points in ....
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Arab conf. reassures investors about Sinai
Date: 2014-05-18 16:25:03 GMT - Egypt - Economy - SN:126 - ID:728664
CAIRO, May 18 (MENA) - The 16th annual conference of the Arab Women Investors Union (AWIU) is a reassurance message to Arab and foreign investors about investing in Egypt's Sinai, said AWIU President Hoda Yassa. Speaking at a press conference ....
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Arab sales drives bourse losses
Date: 2014-05-18 12:51:50 GMT - Egypt - Economy - SN:89 - ID:728435
CAIRO, May 18 (MENA) - The Egyptian Exchange (EGX) indexes went down collectively due to intensive share sales by Arab investors. The market capital lost about EGP 200 million to reach EGP 492.1 billion after transactions reached EGP 1.1 ....
