Economy

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  • Category : Economy
  • Egypt sells T-bonds

    Date: 2014-01-20 14:50:51 GMT - Egypt - Economy - SN:122 - ID:510038

    CAIRO, Jan 20 (MENA) - The Finance Ministry auctioned 3-year and 7-year treasury bonds worth EGP 4 billion on Monday. In an online statement, the ministry said it sold EGP 2 billion of 3-year treasury bonds (maturing on December 3, 2016) for ....

  • 3 logistic zones to be put to tender in Feb.

    Date: 2014-01-20 12:32:34 GMT - Egypt - Economy - SN:93 - ID:509337

    CAIRO, Jan 20 (MENA) – Three logistic zones in Gharbiya and Beni Sueif will be put out to tender for investors in February, the head of the Interior Trade Development Authority (ITDA) said. The two governorates have allocated 200 feddans for the ....

  • Important Safety Information

    Date: 2014-01-20 12:25:51 GMT - Egypt - Economy - SN:90 - ID:509524

    LÜDENSCHEID, Germany, January 20, 2014/PRNewswire/ -- Sieper GmbH, Luedenscheid, Germany, has detected that there may be a technical defect in the battery (item number 6711) installed in some remote-controlled vehicle models. As a result and as a ....

  • Profit-taking drives bourse down

    Date: 2014-01-19 13:46:40 GMT - Egypt - Economy - SN:97 - ID:507792

    CAIRO, Jan 19 (MENA) - The Egyptian Exchange (EGX) slipped on profit-taking at the end of Sunday's trading over intensive sales of Egyptian investors with fears piling up about the approach of the anniversary of the January revolution. The market ....

  • 91-, 273-day T-bills auctioned

    Date: 2014-01-19 12:35:22 GMT - Egypt - Economy - SN:76 - ID:507616

    CAIRO, Jan 19 (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 a 2.12 bid-to-cover ratio. The average yield ....

  • Economic growth rate likely to reach 4% in 2014 - minister

    Date: 2014-01-19 08:06:26 GMT - Egypt - Economy - SN:20 - ID:506854

    CAIRO, Jan 19 (MENA) – The economic growth rate is likely to reach 4 or 4.5 percent under the investment plan of the 2014-2015 fiscal year, the minister of planning said. Under the new plan, Egypt will focus on establishing projects in the region ....

  • Global PRNewswire 2

    Date: 2014-01-19 06:01:43 GMT - Egypt - Economy - SN:8 - ID:506802

    Patton Boggs Elects New Partners WASHINGTON, Jan. 19, 2014 /PRNewswire/MENA -- Patton Boggs LLP is pleased to announce the election of Lacy L. Kolo and Charbel M. Maakaron to the partnership, effective immediately. Both were previously ....

  • Global-PRNewswire(1)

    Date: 2014-01-19 06:01:38 GMT - Egypt - Economy - SN:7 - ID:506801

    Oil & Gas Targeted By SpotterRF C20 - Most Compact Radar Yet -- 24/7 All-Weather Wide Area Coverage for Short-Range Remote Oil Well Surveillance DUBAI, United Arab Emirates, Jan. 19, 2014 /PRNewswire/MENA -- INTERSEC -- SpotterRF announced ....

  • Member of wise men committee at Al Destour Party in Behira set free

    Date: 2014-01-18 16:00:53 GMT - Egypt - Economy - SN:92 - ID:506091

    DAMANHOUR, Egypt, Jan 18 (MENA) - Security forces in Behira governorate on Saturday released Ahmed Mohamed Ahmed Ibrahim, aka Ahmed Amr, the member of the wise men committee at Al Destour Party in Behira, who was arrested during a wide-scale ....

  • EGP 16.5bn worth of investments in 2012/13 plan – electricity minister

    Date: 2014-01-18 10:43:39 GMT - Egypt - Economy - SN:36 - ID:505545

    CAIRO, Jan 18 (MENA) – Electricity Minister Ahmed Imam said the total investment plan carried out in FY 2012/2013 reached EGP 16.5 billion. The total number of subscribers at the end of the fiscal year hit 29.7 million, increasing the generated ....

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