Economy

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  • Category : Economy
  • Egypt sells T-bonds

    Date: 2014-02-10 14:41:15 GMT - Egypt - Economy - SN:115 - ID:547534

    CAIRO, Feb 10 (MENA) - The Finance Ministry auctioned 3-year, 5-year and 7-year treasury bonds at a total value of 8 billion pounds on Monday. In an online statement, the ministry said that average yield on the 3-year T-bonds was 12.42 %, adding ....

  • Economic ministerial group announces 2nd stimulus package worth $4.9 bln

    Date: 2014-02-10 14:40:03 GMT - Egypt - Economy - SN:114 - ID:547667

    CAIRO, Feb 10 (MENA) - The Egyptian government unveiled Monday a 2nd stimulus package, injecting $4.9 billion (34 billion pounds) into the economy, mostly coming from a $1 billion aid offered by the United Arab Emirates. This was announced by ....

  • EBRD's investments in Egypt stand at 203mln euros

    Date: 2014-02-10 14:22:05 GMT - Egypt - Economy - SN:111 - ID:547546

    CAIRO, Feb 10 (MENA) - The total investments of European Bank for Reconstruction and Development (EBRD) in Egypt hit 203 million euros, said EBRD’s managing director for the southern and eastern Mediterranean region Hildegard Gacek. In a speech ....

  • Mixed performance at EGX at close of trading

    Date: 2014-02-10 14:17:18 GMT - Egypt - Economy - SN:107 - ID:547566

    CAIRO, Feb 10 (MENA) - The Egyptian Exchange (EGX) showed mixed performance on Monday affected by increased anticipation over the stance of Defense Minister Field Marshal Abdel-Fattah el-Sisi to run in the presidential elections. The market ....

  • Egypt bourse chief expects economy would flourish within 3 years

    Date: 2014-02-10 12:48:46 GMT - Egypt - Economy - SN:84 - ID:547389

    CAIRO, Feb 10 (MENA) - Egypt's bourse chairman Mohamed Omran expected the Egyptian economy to flourish within the upcoming three years. During his participation in the Euromed conference on Monday, Omran said that achieving economic improvement ....

  • Star Alliance CEO hails transit services at Cairo International Airport

    Date: 2014-02-10 12:25:00 GMT - Egypt - Economy - SN:74 - ID:547209

    CAIRO, Feb 10 (MENA) - Star Alliance CEO Mark Schwab praised efforts exerted to improve the services offered to transit passengers at Cairo International Airport which helped increase their number over the past few months. The operation of the ....

  • 47 vessels transit Suez Canal

    Date: 2014-02-10 12:01:47 GMT - Egypt - Economy - SN:68 - ID:547142

    ISMAILIA, Egypt, Feb 10 (MENA) - Forty-seven ships transited the Suez Canal in two convoys on Monday carrying 2.895 million tons. The south-bound convoy comprised 25 vessels carrying shipments weighing 1.4 million tons, while the north-bound ....

  • Japan says allocated 2 $bln for 4th Metro line in Egypt

    Date: 2014-02-10 11:57:26 GMT - Egypt - Economy - SN:65 - ID:547188

    CAIRO, Feb 10 (MENA) - The Japan International Development Agency has allocated $2 billion to finance a planned fourth line of the Cairo Metro, its representative in Cairo told a conference here. Hideki Matsunaga said Egypt has received soft ....

  • Egypt inflation rate rose in January on yearly basis -- report

    Date: 2014-02-10 09:50:07 GMT - Egypt - Economy - SN:35 - ID:546733

    CAIRO, Feb 10 (MENA) - The rate of inflation rose in December by 1.6 percent to score 145 points, said an official report on Monday. The rate also hiked in January to 12.2 percent compared to the same month in 2013, said the report released by ....

  • Global/PRNewswire (1): ASSE Nigerian Chapter to Host Its First Professional Development Conference

    Date: 2014-02-10 06:15:22 GMT - Egypt - Economy - SN:5 - ID:546444

    Global/PRNewswire 10-2-2014 CHICAGO, Feb. 10, 2014 /PRNewswire/MENA/ -- The American Society of Safety Engineers, the world's oldest professional safety society, announces its Nigerian Chapter will host NIGERIA PDC 2014, a three-day ....

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