Economy

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  • Category : Economy
  • Manpower minister highlights good investment environment in Egypt

    Date: 2014-04-11 13:30:26 GMT - Egypt - Economy - SN:67 - ID:662512

    CAIRO, April 11 (MENA) - Manpower and Migration Minister Nahed Ashri stressed that the ministry is seeking to reassure investors about the good investment atmosphere in Egypt. The ministry seeks to encourage investment and engage in new projects ....

  • Egypt's finance minister demands granting Africa extra seat at IMF board

    Date: 2014-04-11 12:54:24 GMT - Egypt - Economy - SN:59 - ID:662398

    CAIRO, April 11 (MENA) - Finance Minister Hany Qadry urged the Committee of Ten, which includes African countries, to adopt and follow up executive steps required to represent Africa in the Group of Twenty, the Finance Ministry said in a statement ....

  • Egyptian Exchange up during last week trading

    Date: 2014-04-11 08:22:07 GMT - Egypt - Economy - SN:16 - ID:661822

    CAIRO, April 11 (MENA) - All indexes of the Egyptian Exchange (EGX) were up during the last week trading. During the course of the week, the benchmark EGX 30 index rose by 2.58 percent reaching 7,899 points, said a weekly report issued by the ....

  • 1 Global-PRNewswire

    Date: 2014-04-11 06:24:25 GMT - Egypt - Economy - SN:1 - ID:661713

    Australian Trade and Investment Mission to UAE ABU DHABI, United Arab Emirates, April 11, 2014 /PRNewswire/ -- The Deputy Premier of Australia's leading State - New South Wales (NSW) - Mr Andrew Stoner arrives in Abu Dhabi on Saturday (April 12) ....

  • Egyptian GDRs in London in mixed performance

    Date: 2014-04-10 17:42:50 GMT - United Kingdom - Economy - SN:150 - ID:661258

    LONDON, April 10 (MENA) - The Egyptian global depository receipts (GDRs) in London Stock Exchange showed mixed performance at the close of Thursday's trading. The GDRs of the Commercial International Bank (CIB) rose by 1.69 percent to hit USD ....

  • No banking restrictions on Qatar, Libya, Syria, Sudan

    Date: 2014-04-10 12:58:54 GMT - Egypt - Economy - SN:91 - ID:660616

    CAIRO, April 10 (MENA) - The Central Bank of Egypt affirmed that no restrictions have been imposed on bank transactions or transfers from and to Qatar, Libya, Syria and Sudan, the Federation of Egyptian Chambers of Commerce said. FEDCOC President ....

  • Egypt bourse gains EGP 6.2bn, main index up 1.7 percent

    Date: 2014-04-10 12:56:44 GMT - Egypt - Economy - SN:90 - ID:660622

    CAIRO, April 10 (MENA) - Egypt's Bourse (EGX) registered gains at the close of Thursday's trading backed by intensive purchases by investment funds and local institutions. The market capital achieved gains worth 6.2 billion pounds, registering ....

  • Beltone recommends buying more stocks at EGX

    Date: 2014-04-10 12:53:44 GMT - Egypt - Economy - SN:88 - ID:660446

    CAIRO, April 10 (MENA) - Investment bank Beltone Financial recommended buying more stocks at the Egyptian Exchange (EGX) and increasing investors' portfolios. In a report issued on Thursday, Beltone said that the positive viewpoint of the market ....

  • 182-, 364-day T-bills auctioned

    Date: 2014-04-10 11:58:58 GMT - Egypt - Economy - SN:74 - ID:660443

    CAIRO, April 10 (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 10.666%, it said, ....

  • 1 Global-PRNewswire

    Date: 2014-04-10 10:35:26 GMT - Egypt - Economy - SN:55 - ID:660217

    Despite Continued Economic Uncertainty, Entrepreneurial Firms Continue to Grow -- Over half of entrepreneurs surveyed reported having created full-time jobs in the past six months, and nearly three-quarters expect to create full-time jobs in the ....

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