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Economy
- Service : English General
- Category : Economy
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Profit-taking drives Egypt's bourse down
Date: 2014-01-06 15:10:39 GMT - Egypt - Economy - SN:118 - ID:482563
CAIRO, Jan 6 (MENA) - The Egyptian Exchange (EGX) slipped on profit-taking at the end of Monday's trading over intensive sales of foreign investors. The market capital lost up to EGP 2.03 billion to reach EGP 429.4 billion, after transactions hit ....
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Global Prnewswire 1 : Coty Inc. Acquires Lena White Ltd
Date: 2014-01-06 14:02:14 GMT - Egypt - Economy - SN:95 - ID:482691
-- Global Beauty Leader Strengthens Distribution of Power Brand, OPI NEW YORK, Jan. 6, 2014 /PRNewswire/ -- Leading global beauty company Coty Inc. (NYSE: COTY) announced today that it has entered into an agreement to acquire Lena White Ltd., ....
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14 consortiums chosen to buy RFP of Suez Canal project
Date: 2014-01-06 11:16:27 GMT - Egypt - Economy - SN:57 - ID:482061
ISMAILIA, Jan 6 (MENA) - Fourteen consortiums will be buying the Request for Proposal (RFP) of the Suez Canal development project after being chosen by a panel overseeing the process. The consortiums have been chosen in line with unified ....
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Egypt main player in world trade system: Minister
Date: 2014-01-05 18:56:14 GMT - Egypt - Economy - SN:157 - ID:481209
CAIRO, Jan 5 (MENA) - Industry and Trade Minister Munir Fakhri Abdel Nour said Egypt is one of the main players in the world trade as it actively took part in a ministerial meeting of the World Trade Organization in Indonesia. "Egypt managed ....
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Behira police arrest gang over monuments' excavation
Date: 2014-01-05 18:00:50 GMT - Egypt - Economy - SN:146 - ID:481179
DAMANHOUR, Jan 5 (MENA) - Behira security forces arrested on Monday a gang of four over a charge of monuments' excavation. The prosecution was informed to launch an investigation into the incident. (MENA) MI/AI ....
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New start for economic, trade bet. Egypt, Saudi Arabia - minister
Date: 2014-01-05 17:24:47 GMT - Egypt - Economy - SN:139 - ID:480959
CAIRO, Jan 5 (MENA) - The economic and trade ties between Egypt and Saudi Arabia are witnessing a new start to carry out more joint investments in the various fields, Trade and Industry Minister Mounir Fakhry Abdel-Nour has said. He pointed out ....
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Egypt bourse indexes up
Date: 2014-01-05 16:50:51 GMT - Egypt - Economy - SN:121 - ID:480989
CAIRO, Jan 5 (MENA) - The Egyptian Exchange (EGX) indexes went up Sunday backed by intensive purchases by investment funds and local institutions after Fitch Ratings raised Egypt's economic outlook from negative to stable. The market capital ....
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91, 273-day T-bills auctioned
Date: 2014-01-05 16:04:46 GMT - Egypt - Economy - SN:107 - ID:480763
CAIRO, Jan 5 (MENA) -The Finance Ministry auctioned on Sunday treasury bills at a total value of 5 billion pounds. In an online statement, the ministry said it sold 2 billion pounds of 91-day T-bills with a 2.2 bid-to-cover ratio. The average ....
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CAPMAS: 33% drop in BOT deficit in Sept
Date: 2014-01-05 14:09:07 GMT - Egypt - Economy - SN:89 - ID:480327
CAIRO, Jan 5 (MENA) - The balance of trade (BOT) deficit declined by 33 percent in September reaching EGP 12.67 billion compared to EGP 18.93 billion of the same month in 2012, according to the Central Agency for Public Mobilization and Statistics ....
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Egypt cotton exports hit 16,000 tons
Date: 2014-01-05 13:27:48 GMT - Egypt - Economy - SN:75 - ID:480439
ALEXANDRIA, Egypt, Jan 5 (MENA) – Egyptian cotton exports since the start of the export season in September reached 16,145 tons, said head of the Cotton Exporters Association Mofreh el-Beltagy. Last week’s cotton exports reached 325 tons, Beltagy ....
