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Economy
- Service : English
- Category : Economy
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EGX gains 4.2bln pounds, index up 1.15 percent
Date: 2014-10-21 14:24:05 GMT - Egypt - Economy - SN:40 - ID:1171125
The Egyptian Exchange made gains at the end of Tuesday's trading session backed by purchases by Arab and foreign institutions and investment funds. The market capital achieved gains worth 4.2 billion pounds to reach 489.9 billion pounds after ....
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Int'l cooperation minister sees Egypt upgraded economic outlook as sign of success
Date: 2014-10-21 14:22:25 GMT - Egypt - Economy - SN:39 - ID:1171105
International Cooperation Minister Naglaa el-Ahwani has said that upgrading Egypt's outlook from negative to stable is a sign the economic reform program is successful. Moody's Monday raised Egypt's outlook to stable due to improved political ....
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Omran: Economic reform will have positive impact on investment, stock market
Date: 2014-10-21 10:28:24 GMT - Egypt - Economy - SN:10 - ID:1168741
Chairman of the Egyptian Exchange Mohamed Omran voiced upbeat over rise in Egypt's economic growth rates in the coming phase. In statements during his meeting with Egyptian Businessmen Society on Tuesday, Omran said the rise in growth rates could ....
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Egyptian GDRs in London up
Date: 2014-10-20 17:57:44 GMT - United Kingdom - Economy - SN:73 - ID:1165429
The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange rose at the close of Monday's trading. The GDRs of the Commercial International Bank (CIB) and Orascom Telecom went up by 0.72 and 8.11 percent to 6.27 and 0.80 ....
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Egypt's growth rate expected to hit 3.2% in 2014/2015 - min.
Date: 2014-10-20 12:51:38 GMT - Egypt - Economy - SN:46 - ID:1162773
Planning Minister Ashraf el-Arabi said Sunday that Egypt's economic growth rate is expected to hit 3.2% in 2014/2015, stressing that it will not decline as a result of the International Monetary Fund (IMF)'s forecasts of global economic ....
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Egypt minister starts visit to Kazakhstan
Date: 2014-10-20 12:49:58 GMT - Egypt - Economy - SN:45 - ID:1162757
Egypt's Industry and Trade Minister Munir Fakhry Abdel-Nour started on Monday a visit to Kazakhstan for talks over promoting cooperation and trade exchange. The minister will have talks with several ministers and senior officials there, said a ....
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Youths allowed to open outlet stores in all governorates- minister
Date: 2014-10-20 10:01:44 GMT - Egypt - Economy - SN:28 - ID:1160561
Minister of Supply and Internal Trade Khaled Hefni said youths will be allowed to open outlet stores in all governorates, especially in the densely populates areas, with the aim of providing job opportunities and helping citizens get their ....
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Investment minister meets Deutsche Bank representative
Date: 2014-10-19 12:09:05 GMT - Egypt - Economy - SN:28 - ID:1155193
Investment Minister Ashraf Salman received here Sunday Sebastian Kahlfeld, a senior fund manager at DWS Investments, Deutsche Bank's investment arm, along with his accompanying delegation. The meeting, attended by a host of officials from the ....
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Bourse urges registered companies to unveil financial status
Date: 2014-10-19 10:26:32 GMT - Egypt - Economy - SN:20 - ID:1153969
The Egyptian Stock Exchange urged on Sunday all registered companies to announce their financial status in a bid to assure investors following the latest bourse decline. In one week, the EGX capital market lost more than 5.3 billion U.S. dollars, ....
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Paper ration cards to be smart ones in 15 days - minister
Date: 2014-10-19 09:53:39 GMT - Egypt - Economy - SN:15 - ID:1153657
Supply Minister Khaled Henfi stressed on Sunday that all paper ration cards will turn into smart ones within 15 days as part of the ministry's efforts to secure faster and better services to citizens. The minister, in a statement, urged all ....
