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Economy
- Service : English General
- Category : Economy
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Egypt's foreign reserves edge up in April
Date: 2014-05-07 16:10:59 GMT - Egypt - Economy - SN:121 - ID:708871
CAIRO, May 7 (MENA) - Egypt's foreign reserves recorded a rise worth 75 million dollars in April, the Central Bank of Egypt (CBE) announced on Wednesday. Foreign reserves rose to around 17.489 billion dollars in April from 17.412 billion in ....
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News about enlisting public sector companies in EGX "baseless" - source
Date: 2014-05-07 14:11:58 GMT - Egypt - Economy - SN:95 - ID:708699
CAIRO, May 7 (MENA) - A well-placed source at the Trade, Industry and Investment Ministry denied news circulated in the different media outlets about enlisting the public sector companies in the Egyptian Exchange (EGX). Media outlets ....
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Bourse loses morning gains, main index down 0.45 pct
Date: 2014-05-07 13:30:05 GMT - Egypt - Economy - SN:85 - ID:708579
CAIRO, May 7 (MENA) - Most of the morning gains in Wednesday's bourse session evaporated by the end of the day against the backdrop of sales by Arab and foreign investors. The market capital lost about two billion pounds to hit 483.27 billion ....
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Global/PRNews(3): AHAB Proposes Comprehensive Settlement
Date: 2014-05-07 11:09:14 GMT - Egypt - Economy - SN:57 - ID:708265
-- Agreement Structure will Guarantee Creditors a Minimum of 20 Cents on the Dollar DUBAI, United Arab Emirates, May 7, 2014 /PRNewswire/ -- Ahmad Hamad Algosaibi & Brothers ("AHAB") today outlined a comprehensive settlement proposal to a group ....
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Global/PRNewswire (2): African Economic Data Service (AFED) launches
Date: 2014-05-07 11:09:08 GMT - Egypt - Economy - SN:56 - ID:708249
LONDON, May 7, 2014 /PRNewswire/ -- Exchange Data International (EDI), a provider of global securities data, announced today the launch of its latest service, AFED, an unrivalled reference source of macroeconomic and financial data for all 54 ....
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Global/PRNews:NSF International Appoints Christian Kurdy as Managing Director, NSF Middle East in Abu Dhabi, UAE
Date: 2014-05-07 06:18:21 GMT - Egypt - Economy - SN:12 - ID:707512
- NSF Middle East provides testing, auditing and certification for water, food and beverage industries and quality (QMS) and environmental management systems (EMS) registrations for the Middle East region ABU DHABI, United Arab Emirates and ANN ....
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Global/PRNews(3) :Lear Corporation Announces Opening of a New World-Class Automotive Electrical Wiring Plant in Kenitra, Morocco
Date: 2014-05-06 17:18:55 GMT - Egypt - Economy - SN:106 - ID:707051
SOUTHFIELD, Michigan, May 6, 2014 /PRNewswire/ -- Lear Corporation [NYSE: LEA], a leading global supplier of automotive seating and electrical distribution systems, today announced the official opening of a new world-class automotive facility in ....
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Egyptian GDRs in LSE stable
Date: 2014-05-06 16:48:22 GMT - United Kingdom - Economy - SN:97 - ID:706921
LONDON, May 6 (MENA) – The Egyptian global depository receipts (GDRs) in the London Stock Exchange (LSE) showed stable performance at the close of Tuesday's trading. The GDRs of Orascom Telecom, and EFG-Hermes remained unchanged at 0.90, and 3.44 ....
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Egypt to invest EGP 130 bn by 2020 to develop IT: minister
Date: 2014-05-06 15:19:26 GMT - Egypt - Economy - SN:81 - ID:706703
CAIRO, May 6 (MENA) - The investments needed to develop communications and information technology infrastructure in Egypt will hit EGP 130bn by 2020, said Minister of Communications Atef Helmy. Addressing a seminar of the IPO summit, Helmy said ....
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Egypt's bourse up, main index gains 0.78 pct
Date: 2014-05-06 14:05:09 GMT - Egypt - Economy - SN:68 - ID:706484
CAIRO, May 6 (MENA) - The Egyptian Exchange (EGX) indices achieved a collective rise at the close of Wednesday's trading, prompted by purchases of foreign and Egyptian institutions. The market capital gained 2.4 billion pounds to reach 485.2 ....
