Economy

  • Service : English General
  • Category : Economy
  • EGX gains EGP 5.2bn, index up by 0.95%

    Date: 2014-03-04 13:50:06 GMT - Egypt - Economy - SN:91 - ID:589675

    CAIRO, March 4 (MENA) - The Egyptian Exchange (EGX) gained 5.2 billion pounds at the end of trading Tuesday backed by purchase operations by Arab and foreign investors optimistic about the rebounding of world bourses after two days of drop in light ....

  • Foreign reserves rose to $17.307bln by end of February -- CBE

    Date: 2014-03-04 12:45:06 GMT - Egypt - Economy - SN:79 - ID:589445

    CAIRO, March 4 (MENA) - Foreign reserves rose to $17.307 billion by the end of February, up $202 million from the $17.105 billion recorded in January, the Central Bank of Egypt (CBE) said on Tuesday. CBE Governor Hisham Ramez noted this increase ....

  • PM: Egypt provides suitable climate for investment

    Date: 2014-03-04 12:44:30 GMT - Egypt - Economy - SN:78 - ID:589418

    CAIRO, March 4 (MENA) – Egypt provides a suitable climate for businessmen and investment, said Prime Minister Ibrahim Mehleb. The remarks were made during a meeting with a high-profile delegation of Coca-Cola Company in the presence of Minister ....

  • EGX gains EGP 2.1bn minutes after Sisi statements

    Date: 2014-03-04 12:26:04 GMT - Egypt - Economy - SN:72 - ID:589448

    CAIRO, March 4 (MENA) - The Egyptian Exchange (EGX) gained 2.1 billion pounds in only a few minutes following statements by Defense Minister Abdel-Fattah el-Sisi earlier Tuesday in which he hinted at joining the presidential race. The EGX 30 ....

  • global3:Air China to Commence Beijing-Washington Nonstop Service

    Date: 2014-03-04 09:59:21 GMT - Egypt - Economy - SN:45 - ID:589077

    BEIJING, March 4, 2014 /PRNewswire/MENA -- Air China will commence Beijing-Washington nonstop service on June 10, 2014, making Washington the 7th North American destination that Air China serves alongside New York, Los Angeles, San Francisco, ....

  • global2;GAC MOTOR Cooperates with Dubai-based Dealer to Strengthen Presence in Middle East

    Date: 2014-03-04 05:59:49 GMT - Egypt - Economy - SN:6 - ID:588620

    GAC MOTOR Cooperates with Dubai-based Dealer to Strengthen Presence in Middle East GUANGZHOU, China, March 4, 2014 /PRNewswire/MENA -- On February 24, GAC MOTOR signed a cooperation agreement with Dubai-based car dealer Gargash whereby Gargash ....

  • global1;Ford Mustang's 50th Anniversary Inspires Limited Edition OPI Nail Lacquer Collection

    Date: 2014-03-04 05:48:56 GMT - Egypt - Economy - SN:4 - ID:588614

    LOS ANGELES, March 4, 2014 /PRNewswire/MENA -- OPI Products Inc., a subsidiary of COTY Inc., and Ford Motor Company today announced a unique collaboration featuring the iconic Ford Mustang. The popular pony car – celebrating its 50th anniversary in ....

  • Market capital loses EGP 9 bn at late trading

    Date: 2014-03-03 15:51:05 GMT - Egypt - Economy - SN:119 - ID:587601

    CAIRO, March 3 (MENA) - The Egyptian Exchange (EGX) slipped at the end of Sunday's trading over intensive share sales by Egyptian institutions and investment funds. The market capital lost EGP 9 billion to reach EGP 480.5 billion, an hour before ....

  • Global-PRNewswire

    Date: 2014-03-03 15:07:11 GMT - Egypt - Economy - SN:108 - ID:587950

    World's Leading Architecture, Interior Design Firms Form Strategic Partnership To Expand Global Footprint -- Wilson Associates joins Shanghai Xian Dai Architectural Design (Group) Co., Ltd. to form one of the largest and most prestigious ....

  • Supply minister scraps commodity benchmark prices

    Date: 2014-03-03 15:04:42 GMT - Egypt - Economy - SN:107 - ID:587602

    CAIRO, March 3 (MENA) – Supply and Internal Trade Minister Khaled Hanafy cancelled benchmark prices set for local food commodities on Monday. All countries cannot set certain prices for commodities and apply them because it will help create a ....

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