Economy

  • Service : English General
  • Category : Economy
  • CIB GDRs traded on London Bourse down

    Date: 2014-01-02 20:11:30 GMT - United Kingdom - Economy - SN:146 - ID:476162

    LONDON, Jan 2 (MENA) - The Egyptian global depository receipts (GDRs) of the Commercial International Bank (CIB) dropped by 1.98 percent at the close of Thursday's trading. In the meantime, the GDRs of EFG Hermes, Orascom Telecom and Orascom ....

  • 182-, 364-day T-bills auctioned

    Date: 2014-01-02 13:37:45 GMT - Egypt - Economy - SN:60 - ID:475298

    CAIRO, Jan 2 (MENA) - The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 6 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 182-day T-bills with a 1.91 bid-to-cover ratio. The average ....

  • Egypt, France seek boosting joint cooperation

    Date: 2014-01-01 12:20:25 GMT - Egypt - Economy - SN:74 - ID:473238

    CAIRO, Jan 1 (MENA) – Minister of Industry and Foreign Trade Munir Fakhry Abdel Nour on Wednesday received French Ambassador here Nicolas Galey where they discussed bilateral relations and the recent economic and political developments in ....

  • Nilex trading up by more than 200% in 2013

    Date: 2014-01-01 11:32:43 GMT - Egypt - Economy - SN:54 - ID:473198

    CAIRO, Jan 1 (MENA) - Trading at the Nile Stock Exchange (Nilex), which encompasses small and medium-sized enterprises, has increased over the past year by 202% to reach 748 million pounds, rising from 247 million in 2012. Securities traded on ....

  • Global-PRNewswire(1)

    Date: 2014-01-01 06:08:01 GMT - Egypt - Economy - SN:7 - ID:472680

    dubai Captivates the World With Dazzling Firework Display at Burj Khalifa to Mark the New Year DUBAI, UAE, january 1, 2014/PRNewswire/ -- The iconic New Year's Eve fireworks display by Emaar Properties, the global property developer, at Burj ....

  • Egyptian GDRs in London show mixed performance

    Date: 2013-12-31 16:42:41 GMT - United Kingdom - Economy - SN:126 - ID:472260

    LONDON, Dec 31 (MENA) - The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange showed mixed performance at the close of Tuesday's trading. The GDRs of the Commercial International Bank and Orascom Telecom rose by 2.82 ....

  • Budget deficit in July-November period down to 65.95 billion pounds -- report

    Date: 2013-12-31 15:30:03 GMT - Egypt - Economy - SN:107 - ID:472108

    CAIRO, Dec 31 (MENA) - The Finance Ministry on Tuesday indicated that the budget deficit in July-November period has went down to 65.95 billion pounds or 3.2 percent of the gross domestic product compared with 80.73 billion in the same period last ....

  • EGX gains EGP 51bn, main index up 24.1% in 2013

    Date: 2013-12-31 14:26:29 GMT - Egypt - Economy - SN:98 - ID:471858

    CAIRO, Dec 31 (MENA) - The Egyptian Exchange (EGX) indices recorded collective rise at the end of 2013 making big gains despite the difficult political and economic landscape. The market capital achieved gains of about 51 billion pounds to reach ....

  • Mixed performance at EGX, main index up 0.01%

    Date: 2013-12-31 14:16:57 GMT - Egypt - Economy - SN:96 - ID:471859

    CAIRO, Dec 31 (MENA) - The Egyptian Exchange showed mixed performance on Tuesday as investors and investment funds acted to settle their financial positions in the last session of 2013. The market capital lost EGP 580 million to reach EGP 426.8 ....

  • Textile Chamber urges government to solve textile sector's problems

    Date: 2013-12-30 16:45:34 GMT - Egypt - Economy - SN:130 - ID:470291

    CAIRO, Dec 30 (MENA) - Member of the Industries Federation's chamber of textiles Mohamed el-Morshedy requested Trade and Industry Minister Mounir Fakhry Abdel-Nour to implement resolutions and recommendations of governmental committees that convened ....

Middle East News Agency © - designed and developed : GCSSD