Economy

  • Service : English General
  • Category : Economy
  • Canada's bourse to mull partnership with Egypt Exchange

    Date: 2014-04-07 15:15:20 GMT - Egypt - Economy - SN:100 - ID:654446

    CAIRO, April7 (MENA) - Canada's Toronto Bourse will mull a partnership contract with the Egypt Exchange to form a bourse to finance small- and medium-sized mineral companies starting from one million dollars till 50 million dollars, according to ....

  • EGX relatively recovering, main index up by 0.08 pct

    Date: 2014-04-07 13:40:59 GMT - Egypt - Economy - SN:82 - ID:654560

    CAIRO, April 7 (MENA) - The Egyptian Exchange (EGX) has relatively recovered at the close of trading on Monday. The EGX 30 main benchmark index was up 0.08 percent to close at 7,530.11 points. The broader EGX 70 index of the leading smaller ....

  • EGX starts implementing executive rules for ETFs, market makers, block deals

    Date: 2014-04-07 12:57:34 GMT - Egypt - Economy - SN:79 - ID:654445

    CAIRO, April 7 (MENA) - Egyptian Exchange (EGX) chairman Mohamed Omran issued a decision to implement the executive rules for ETFs, Market Makers and Block Deals. The rules were endorsed by the Egyptian Financial Supervisory Authority (EFSA), ....

  • Belton expects EGX indices to rebound

    Date: 2014-04-07 12:54:54 GMT - Egypt - Economy - SN:77 - ID:654303

    CAIRO, April 7 (MENA) - The indices of the Egyptian Exchange (EGX) are expected to rebound within the upcoming period, supported by the optimistic political and economic conditions in Egypt, said Belton Financial Holding Company. In a statement ....

  • Economic ministerial group approves to continue covering wage deficit at spinning, weaving companies

    Date: 2014-04-07 11:58:09 GMT - Egypt - Economy - SN:64 - ID:654301

    CAIRO, April 7 (MENA) - The ministerial economic panel, under Prime Minister Ibrahim Mahlab, underlined during its meeting on Monday the importance of laying out a mechanism to support the faltering factories through the banking sector. The ....

  • Real estate investment funds "crucial" to Egyptian economy - FSA chief

    Date: 2014-04-07 11:47:00 GMT - Egypt - Economy - SN:62 - ID:654205

    CAIRO, April 7 (MENA) - Establishing real estate investment funds is an important step to support and flourish the Egyptian economy, said Head of the Financial Supervisory Authority (FSA) Sherif Sami. Amendments to regulations on investments ....

  • Mahlab chairs ministerial economic group meeting

    Date: 2014-04-07 11:40:11 GMT - Egypt - Economy - SN:58 - ID:654202

    CAIRO, April 7 (MENA) - The ministerial economic group convened here on Monday under Prime Minister Ibrahim Mahlab to tackle the economic and financial file in general and the government's plan to develop the economy in the near future. Mahlab held ....

  • Industry minister witnesses signing of $1.7 bln petrochemical compound deal

    Date: 2014-04-07 10:45:00 GMT - Egypt - Economy - SN:47 - ID:654038

    CAIRO, April 7 (MENA) - Egypt's Trade, Industry and Investment Minister Munir Abdel-Nour witnessed on Monday the signing of a deal with an Italian group to establish a petrochemical compound at a total investment of $1.7 billion. Italy-based ....

  • Egypt's foreign reserves up at dlrs 17.414 bn during March

    Date: 2014-04-07 09:31:16 GMT - Egypt - Economy - SN:38 - ID:653860

    CAIRO, April 7 (MENA) - Egypt's foreign reserves rose to 17.414 billion dollars in March, the Central Bank of Egypt said on Monday. The latest figure shows an increase by 107 million dollars to reach dlrs 17.414 billion in March against 17.307 ....

  • Global PRNewswire (1):Fluke Biomedical launches rugged, portable electrical safety analyzer

    Date: 2014-04-07 08:17:21 GMT - Egypt - Economy - SN:26 - ID:653703

    Global PRNewswire 7-4-2014 EVERETT, Washington, April 7, 2014 /PRNewswire/MENA/ -- Fluke Biomedical unveiled the latest addition to its Electrical Safety portfolio, the ESA609 Electrical Safety Analyzer, pairing portability and ruggedness ....

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