Economy

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  • Category : Economy
  • Bourse loses EGP 26 bln, main index drops 6.67 pct last week

    Date: 2014-04-04 08:26:41 GMT - Egypt - Economy - SN:15 - ID:648558

    CAIRO, April 4 (MENA) - The Egyptian Exchange (EGX) lost over EGP 26 billion last week. During the course of the week, the benchmark EGX 30 index lost 6.67 percent reaching 7,701 points, said a weekly report issued by the Egyptian Exchange, of ....

  • Global (2)-- PRNewswire: Joint Commission International launches hand hygiene tool, helps hospitals reduce infections

    Date: 2014-04-04 08:23:10 GMT - Egypt - Economy - SN:14 - ID:648572

    OAK BROOK, Illinois, April 4, 2014 /PRNewswire/ -- Joint Commission International (JCI) is providing the Targeted Solutions Tool® (TST®) for Hand Hygiene at no additional charge to JCI-accredited health care organizations to help improve patient ....

  • Global-PRNewswire

    Date: 2014-04-04 06:22:24 GMT - Egypt - Economy - SN:2 - ID:648402

    The 115th Canton Fair "Driving Design-led Trade To New Levels" GUANGZHOU, China, April 4, 2014 /PRNewswire/ -- Spaniard Juan Sabata knows all about the Canton Fair's capacity for generating new business. Attending China's most prestigious trade ....

  • Egyptian GDRs in London show mixed performance

    Date: 2014-04-03 18:30:33 GMT - United Kingdom - Economy - SN:129 - ID:648064

    LONDON, April 3 (MENA) - The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance at the close of Thursday's trading. The GDRs of the Commercial International Bank (CIB) rose by 0.87 ....

  • 182-, 364-day T-bills auctioned

    Date: 2014-04-03 14:41:27 GMT - Egypt - Economy - SN:96 - ID:647719

    CAIRO, April 3 (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 10.681%, it said, ....

  • Bourse indexes decline sharply

    Date: 2014-04-03 13:43:22 GMT - Egypt - Economy - SN:87 - ID:647516

    CAIRO, April 3 (MENA) - The Egyptian Exchange (EGX) indexes went down collectively due to intensive share sales by Egyptian institutions and investment funds that were countered with selective purchases by foreign investors. The market capital ....

  • Finance ministry committed to paying public treasury debt to social insurance authority

    Date: 2014-04-03 12:18:27 GMT - Egypt - Economy - SN:67 - ID:647172

    CAIRO, April 3 (MENA) - The Finance Ministry is committed to paying the debt of the public treasury to the social insurance authority, said Finance Minister Hani Qadri Demian. This came during a meeting held with Social Security Ministry Ghada Wali ....

  • Egypt-US fund to establish $120 mn projects in Egypt

    Date: 2014-04-03 12:12:23 GMT - Egypt - Economy - SN:63 - ID:647153

    CAIRO, April 3 (MENA) - The Egyptian-American Enterprise Fund will carry out an initiative to establish investment projects in Egypt worth $120 million, recently approved by the Congress, said Trade, Industry and Investment Minister Mounir Fakhri ....

  • Bourse continues trading on Egypt Telecom shares

    Date: 2014-04-03 11:23:24 GMT - Egypt - Economy - SN:53 - ID:647152

    CAIRO, April 3 (MENA) - The Egyptian Exchange decided to resume trading on the shares of fixed line monopoly operator Egypt Telecom after concerned authorities agreed to grant it a unified license to offer mobile services without including any new ....

  • Cairo University bombings loom over EGX performance

    Date: 2014-04-02 14:10:47 GMT - Egypt - Economy - SN:101 - ID:645493

    CAIRO, April 2 (MENA) - The bombings outside Cairo University earlier Wednesday loomed over trading at the Egyptian Exchange (EGX), which lost 45 million pounds amid selling operations by Egyptians. The main benchmark EGX 30 index, however, went ....

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