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Economy
- Service : English
- Category : Economy
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EGX loses EGP 5.6bn
Date: 2015-02-11 14:07:32 GMT - Egypt - Economy - SN:37 - ID:1943601
The Egyptian Exchange (EGX) lost some 5.6 billion pounds at the end of Wednesday's trading on the back of sales by Arab and foreign investment funds. The EGX 30 benchmark index dropped by 1.31 percent to close at 9,770.78 points. The broader ....
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IMF says Egypt's reforms starting to spur turnaround in economy
Date: 2015-02-11 12:53:24 GMT - USA - Economy - SN:31 - ID:1942729
The International Monetary Fund said on Wednesday that Egypt's structural and monetary reforms were starting to produce a turnaround in the economy. The government has introduced reforms, seeking to restore growth while controlling inflation and ....
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CBE: Annual inflation rate down by 9.66% in Jan
Date: 2015-02-10 15:49:48 GMT - Egypt - Economy - SN:42 - ID:1936873
The Central Bank of Egypt (CBE) announced on Tuesday that the annual inflation rate declined by 9.66 percent by the end of January down from 10.13 percent by the end of December. The monthly overall inflation rate, however, rose by 0.99 percent ....
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EGX gains EGP 900m
Date: 2015-02-10 15:21:48 GMT - Egypt - Economy - SN:36 - ID:1936613
The Egyptian Exchange (EGX) gained 900 million pounds at the end of Tuesday's trading on the back of purchases by Egyptian investors optimistic about economic projects to be agreed during Russian President Vladimir Putin's visit to Egypt. The EGX ....
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43 ships transit Suez Canal
Date: 2015-02-10 14:20:07 GMT - Egypt - Economy - SN:26 - ID:1936085
Forty-three ships transited the Suez Canal on Tuesday, carrying a total cargo of 2.9 million tons. The south-bound convoy included 19 ships carrying 1.1 million tons, while the north-bound convoy included 24 vessels carrying 1.8 million tons. ....
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48 ships transit Suez Canal
Date: 2015-02-09 10:30:11 GMT - Egypt - Economy - SN:26 - ID:1926161
Forty-eight ships crossed the Suez Canal on Monday, carrying a total cargo of 2.718 million tons. The south-bound convoy included 29 ships carrying 1.647 million tons, while the north-bound convoy included 19 vessels carrying 1.071 million tons. ....
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Varied performance at EGX at start of week
Date: 2015-02-08 14:15:36 GMT - Egypt - Economy - SN:51 - ID:1920757
The Egyptian Exchange (EGX) witnessed varied performance at the close of Sunday's trading amid purchases by Egyptian investors against sale operations by foreign and Arab investors. The market capital lost about 3.1 billion pounds to hit 536.7 ....
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91-, 273-day T-bills auctioned
Date: 2015-02-08 13:30:20 GMT - Egypt - Economy - SN:42 - ID:1920269
The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 6.5 billion. In an online statement, the ministry said it sold EGP 2.5 billion of 91-day T-bills with an average yield of 11.147%, adding it accepted bids at rates ....
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EGX named as model of promotion of sustainability, communication with stakeholders
Date: 2015-02-08 13:25:08 GMT - Egypt - Economy - SN:40 - ID:1920205
The UN Sustainable Stock Exchanges Initiative (UN SSE) has chosen the Egyptian Exchange (EGX) as a reference model of promotion of sustainability and dialogue with market stakeholders. The panel appreciated EGX's efforts in the sustainability ....
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41 ships transit Suez Canal
Date: 2015-02-08 10:26:16 GMT - Egypt - Economy - SN:19 - ID:1918409
Forty-one ships crossed the Suez Canal on Sunday, carrying a total cargo of 2.847 million tons. The south-bound convoy included 20 ships carrying 1.547 million tons, while the north-bound convoy included 21 vessels carrying 1.300 million tons. ....
