Economy

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  • Global-PRNewswire (1): Critically Acclaimed Guggenheim UBS MAP Inaugural Exhibition Showcasing Artistic Creativity In South And Southeast Asia Opens In Singapore

    Date: 2014-03-10 08:34:15 GMT - Egypt - Economy - SN:28 - ID:600381

    Global-PRNewswire- MENA 10- 3- 2014 Critically Acclaimed Guggenheim UBS MAP Inaugural Exhibition Showcasing Artistic Creativity In South And Southeast Asia Opens In Singapore At CCA-NTU Centre For Contemporary Art On May 10, 2014 - No Country: ....

  • 91-, 266-day T-bills auctioned

    Date: 2014-03-09 15:58:47 GMT - Egypt - Economy - SN:132 - ID:599198

    CAIRO, March 9 (MENA) - The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 5.5 billion. In an online statement, the ministry said it sold EGP 2 billion of 91-day T-bills. The average yield was 10.269%, it said, adding ....

  • EGX indexes show varied performance at closing

    Date: 2014-03-09 13:52:48 GMT - Egypt - Economy - SN:104 - ID:599211

    CAIRO, March 9 (MENA) - The Egyptian Stock Exchange (EGX) showed varied performance at the close of trading on Sunday. The market capital recorded gains worth 1 billion pounds amid intensive sales by Egyptian and Arab institutions and strong ....

  • EFG Hermes promotes investment projects for 25 Egyptian companies in Dubai

    Date: 2014-03-09 11:14:53 GMT - United Arab Emirates - Economy - SN:65 - ID:598766

    DUBAI, March 9 (MENA) - EFG Hermes will promote for projects of 25 Egyptian companies operating in the sectors of tourism, banks, real estate, infrastructure, pharmaceuticals, foods industries and others, said a reliable source at the financial ....

  • Hermes organizes forum to attract investments to Mideast in Dubai

    Date: 2014-03-08 10:01:18 GMT - United Arab Emirates - Economy - SN:27 - ID:596640

    DUBAI, March 8 (MENA) - The 10th annual forum to attract investment to the Middle East will kick off in Dubai Sunday. The forum is organized by Hermes Group and will last for three days. Representatives of 130 financial institutions and ....

  • Former WB official stresses need for good governance to solve Egypt economic problems

    Date: 2014-03-08 09:35:37 GMT - USA - Economy - SN:23 - ID:596509

    WASHINGTON, March 8 (MENA) - A former director of the World Bank, Khaled Ekram, has said that Egypt is in need of good governance to be able to solve its economic problems. There is no magic wand that would solve those problems, Ekram said, ....

  • Egypt GDRs in London in mixed performance

    Date: 2014-03-07 17:46:28 GMT - United Kingdom - Economy - SN:110 - ID:595943

    LONDON, March 7 (MENA) - The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance on Friday. The GDRs of Orascom Telecom and EFG-Hermes went up by 0.11 and 1.56 percent respectively. The GDRs ....

  • Egyptian bourse loses EGP 3.1 bn last week

    Date: 2014-03-07 09:13:22 GMT - Egypt - Economy - SN:22 - ID:594898

    CAIRO, March 7 (MENA) - The Egyptian Exchange indexes closed last week down and the market capital lost EGP 3.1 billion to hit EGP 488.6 billion. During the course of the week, the benchmark index EGX 30 plummeted 2.19 percent to 7,950 points, ....

  • 182-, 357-day T-bills auctioned

    Date: 2014-03-06 15:36:34 GMT - Egypt - Economy - SN:109 - ID:594041

    CAIRO, March 6 (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 10.673%, it said, ....

  • Egyptian bourse loses EGP 2.4 bn

    Date: 2014-03-06 13:22:24 GMT - Egypt - Economy - SN:82 - ID:593821

    CAIRO, March 6 (MENA) - The Egyptian Exchange (EGX) indices went down at the end of the week's trading due to intensive sales by Egyptian institutions and investment funds. The market capital lost about EGP 2.4 billion to reach EGP 488.6 billion ....

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