Economy

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  • Category : Economy
  • Belton expects value of Egyptian pound up

    Date: 2014-04-08 11:23:33 GMT - Egypt - Economy - SN:59 - ID:656237

    CAIRO, April 8 (MENA) - Belton Financial Holding Company, a major investment research company operating in Egypt, on Tuesday expected the value of the Egyptian pound to increase against the US dollar. The company added, in a study, that the ....

  • Indicators:Confidence in Egyptian economy down

    Date: 2014-04-08 10:56:09 GMT - Egypt - Economy - SN:52 - ID:656076

    CAIRO, April 8 (MENA) - The general index measuring Egyptian consumer confidence in the Egyptian economy has indicated a backtracking by around 4.8 percent during February compared to the previous month, according to the Cabinet Information and ....

  • Ex-finance minister: Egypt capable to rank 18th among world economies by 2020

    Date: 2014-04-08 09:12:07 GMT - Egypt - Economy - SN:29 - ID:655705

    CAIRO, April 8 (MENA) - Former Finance Minister Samir Radwan asserted that Egypt has the potentials to become the18th world economy 2020. Interviewed by "Al-Arabiya" satellite TV, Radwan said there should be stability and crystal clear political ....

  • Global/PRNews(2):Huawei and Intel Sign Strategic Partnership Memorandum to Drive Innovation in Big Data Domain

    Date: 2014-04-08 08:25:48 GMT - Egypt - Economy - SN:26 - ID:655775

    SHENZHEN, China, April 8, 2014 /PRNewswire/ -- Huawei, a leading global information and communications technology (ICT) solutions provider, today announced that it has signed a strategic partnership memorandum with Intel, a leading global computing ....

  • Global/PRNews (2):Huawei and Intel Sign Strategic Partnership Memorandum to Drive Innovation in Big Data Domain

    Date: 2014-04-08 08:25:07 GMT - Egypt - Economy - SN:25 - ID:655763

    SHENZHEN, China, April 8, 2014 /PRNewswire/ -- Huawei, a leading global information and communications technology (ICT) solutions provider, today announced that it has signed a strategic partnership memorandum with Intel, a leading global computing ....

  • global1: Warburg Pincus to acquire majority stake in mercator, the software and technology solutions business from dnata

    Date: 2014-04-08 05:52:15 GMT - Egypt - Economy - SN:5 - ID:655509

    -- Investment will accelerate product development and global growth as independent company DUBAI, United Arab Emirates and LONDON, April 8, 2014 /PRNewswire/MENA -- Warburg Pincus, a global private equity firm focused on growth investing, today ....

  • IDA to develop industrial zone infrastructure in S. Sinai

    Date: 2014-04-07 19:37:09 GMT - Egypt - Economy - SN:151 - ID:655250

    EL-TOUR, EGYPT, April 7 (MENA) – The Industrial Development Authority (IDA) will provide public utilities to Abu Zenima industrial zone in South Sinai at a cost of EGP 23 million, South Sinai Governor Khaled Fouda said. South Sinai governorate ....

  • 5% tax due to be applied next fiscal year: official

    Date: 2014-04-07 18:52:53 GMT - Egypt - Economy - SN:149 - ID:655218

    CAIRO, April 7 (MENA) - The proposed 5% tax on income for those who make more than one million a year will be applied during the forthcoming fiscal year if a draft bill in this regard is adopted, said the head of the Tax Authority. It is a ....

  • Suez Canal's revenues drop due to 28-day month - IDSC

    Date: 2014-04-07 16:20:52 GMT - Egypt - Economy - SN:119 - ID:654998

    CAIRO, April 7 (MENA) - The Cabinet's Information and Decision Support Center (IDSC) attributed a 7.9% decline in Suez Canal revenues in February to the fact that the month had 28 days only. The revenues were calculated based on 28 days only, ....

  • EGX chief meets brokerage officials

    Date: 2014-04-07 16:12:22 GMT - Egypt - Economy - SN:115 - ID:654994

    CAIRO, April 7 (MENA) - Chairman of the Egyptian Exchange (EGX) Mohamed Omran had a meeting Monday with officials of a number of brokerage firms to discuss the latest market developments. The meeting took up mechanisms to be activated in the ....

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