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Economy
- Service : English
- Category : Economy
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Industry minister: Gov't keen on luring investments in automobile industry
Date: 2014-12-14 10:26:35 GMT - Egypt - Economy - SN:22 - ID:1533589
Minister of Industry and Trade Munir Fakhri Abdel Nour asserted that the government is keen on providing incentives to lure investments into the automobile industry to produce 100,000 cars per year to compete with the European market that will enjoy ....
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Bourse loses 8.5 billion pounds
Date: 2014-12-14 09:22:52 GMT - Egypt - Economy - SN:15 - ID:1532837
The Egyptian Exchange began trading this week with losses amounting to EGP 8.5 billion pounds prompted by a sharp decline in Arab and world money markets. The capital market declined to EGP 499.5 billion. The bourse administration was forced ....
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4 coop. agreements signed to train 13,000 employees
Date: 2014-12-11 20:05:17 GMT - Egypt - Economy - SN:30 - ID:1520393
Investment Minister Ashraf Salman attended the signing ceremony of four cooperation agreements between the National Company For Construction & Development (NCCD) and each of the German Arab Chamber of Industry and Commerce (GACIC) and the Center for ....
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Egypt bourse loses EGP3 billion; indexes show mixed performance
Date: 2014-12-10 14:28:43 GMT - Egypt - Economy - SN:38 - ID:1511041
The Egyptian Exchange (EGX) closed down on Wednesday with a loss of about 3 billion pounds. The market capital reached 515.8 billion pounds, but indexes showed mixed performance. The main benchmark EGX 30 index declined by 0.83 percent to ....
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CBE: Annual inflation rate down in Nov.
Date: 2014-12-10 14:22:40 GMT - Egypt - Economy - SN:35 - ID:1510953
The Central Bank of Egypt (CBE) announced that the annual inflation rate declined to 7.81 percent in November down from 8.47 percent in October. The bank said in statement on its website Wednesday that the core consumer price index (CPI), ....
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EGX loses EGP 7.1bn
Date: 2014-12-09 16:35:43 GMT - Egypt - Economy - SN:31 - ID:1504937
The Egyptian Exchange (EGX) indices went down on Tuesday following suit of most Gulf states. The market capital lost about 7.1 billion pounds to reach 518.9 billion pounds after transactions wroth 1.4 billion pounds. The EGX 30 benchmark index ....
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EU first trade partner to Egypt: CBE report
Date: 2014-12-09 07:40:04 GMT - Egypt - Economy - SN:7 - ID:1499645
Egypt's foreign trade went up by 1.5 percent to 85.9 billion dollars during the fiscal year 2013/2014. According to a report by the Central Bank of Egypt (CBE), the payments surpassed commodity imports by 3.7 percent to 59.8 billion dollars, and ....
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Egypt's foreign debt increases 6.6 percent
Date: 2014-12-09 07:32:39 GMT - Egypt - Economy - SN:5 - ID:1499585
The volume of Egypt's foreign debt has increased by 6.6 percent to reach USD 46.1 billion in June 2014 compared to USD 43.2 billion in the same month last year, according to the Central Bank of Egypt. The increase was driven by net disbursements ....
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US commerce delegation on visit to Egypt
Date: 2014-12-08 15:45:28 GMT - Egypt - Economy - SN:47 - ID:1496865
US Deputy Under Secretary of Commerce for International Trade Ken Hyatt has arrived in Cairo leading a delegation of 11 US companies on an Infrastructure Business Development Mission to Egypt. The mission will give companies the ability to ....
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37 vessels transit Suez Canal
Date: 2014-12-08 12:51:27 GMT - Egypt - Economy - SN:40 - ID:1495109
Thirty-seven ships crossed the Suez Canal on Monday, carrying a total cargo of 1.927 million tons. The south-bound convoy included 21 ships carrying 1.116 million tons, while the north-bound convoy included 16 vessels carrying 811,000 tons. ....
