Economy

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  • Category : Economy
  • 91-, 273-day T-bills auctioned

    Date: 2014-03-16 12:44:50 GMT - Egypt - Economy - SN:69 - ID:612429

    CAIRO, March 16 (MENA) - The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 5 billion. In an online statement, the ministry said it sold EGP 2 billion of 91-day T-bills with an average yield of 10.244%, adding it ....

  • Iran oil exports hit one-year high, IEA says

    Date: 2014-03-15 18:24:02 GMT - Iran - Economy - SN:151 - ID:611246

    TEHRAN, March 15 (MENA) - Iran’s oil exports in January and February reached the highest level since 2013, the International Energy Agency (IEA) says. According to an IEA monthly report published on Friday, exports of Iranian crude, including ....

  • Alexandria court to issue ruling in MB cases later in March

    Date: 2014-03-15 17:26:53 GMT - Egypt - Economy - SN:134 - ID:610998

    ALEXANDRIA, Egypt, March 15 (MENA) - A misdemeanor court in Alexandria set March 29 to issue its ruling in the trial of 45 members of the Muslim Brotherhood over clashes near Bibliotheca Alexandrina. The defendants are accused of trying to storm ....

  • EFG-Hermes welcomes CBE decision to offer dollars to foreign investors

    Date: 2014-03-15 07:31:35 GMT - United Arab Emirates - Economy - SN:12 - ID:609811

    DUBAI, March 15 (MENA) - The Egyptian Financial Group Hermes Holding (EFG-Hermes) welcomed a decision by the Central Bank of Egypt (CBE) to cover 50% of US dollars owed to foreign investors, so they can freely enter and exit the Egyptian stock ....

  • Egyptian GDRs in London show mixed performance

    Date: 2014-03-14 20:32:29 GMT - United Kingdom - Economy - SN:131 - ID:609549

    LONDON, March 14 (MENA) - The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance at the close of Friday's trading. The GDRs of Orascom Construction Industries and the Commercial International ....

  • Global: DFM Shows Up at Algeria International Motor Show, Chinese Ambassador to Algeria Liu Yuhe Delivers Speech

    Date: 2014-03-14 18:21:06 GMT - Egypt - Economy - SN:118 - ID:609395

    ALGIERS, Algeria, March 14, 2014 /PRNewswire/ -- From March 12 to 22, 2014, China's second-largest auto group - Dongfeng Motor Corporation (DFM) will attend the Algeria International Motor Show with a full range of passenger vehicles like Dongfeng ....

  • Egyptian Exchange indexes up last week

    Date: 2014-03-14 11:19:29 GMT - Egypt - Economy - SN:27 - ID:608542

    CAIRO, March 14 (MENA) - The Egyptian Exchange indexes closed last week up and the market capital gained EGP 2.96 billion to hit EGP 491.6 billion. During the course of the week, the benchmark index EGX 30 jumped up 2.4 percent to 8,140 points, ....

  • Global-PRNewswire

    Date: 2014-03-14 08:09:03 GMT - Egypt - Economy - SN:15 - ID:608336

    "Pilgrimage Tour" - Air China Plans to Inaugurate Beijing-Yangon, Chengdu-Kunming-Yangon Services BEIJING, March 14, 2014 /PRNewswire/ -- Air China plans to inaugurate Beijing-Yangon and Chengdu-Kunming-Yangon services on March 30. Yangon, the ....

  • Bourse indexes show mixed performance

    Date: 2014-03-13 14:24:40 GMT - Egypt - Economy - SN:85 - ID:607333

    CAIRO, March 13 (MENA) - The Egyptian Exchange (EGX) indexes showed mixed performance amid high expectations that Defense Minister Field Marshal Abdel-Fattah el-Sisi will announce running in the presidential election after former chief-of-staff ....

  • 182-, 364-day T-bills auctioned

    Date: 2014-03-13 11:27:33 GMT - Egypt - Economy - SN:60 - ID:606931

    CAIRO, March 13 (MENA) - The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 6.5 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 182-day T-bills. The average yield was 10.649%, it said, ....

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