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Economy
- Service : English
- Category : Economy
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Imbaba airport land to be offered for investment - governor
Date: 2014-08-15 08:00:48 GMT - Egypt - Economy - SN:4 - ID:874958
Imbaba airport’s 70-feddan area will be offered to investors, Giza Governor Ali Abdel-Rahman said. A meeting was held with the governorate’s officials to offer alternatives on dividing the plot to be submitted to the prime minister in a report, ....
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Bourse hits record gains of EGP 3.8bln
Date: 2014-08-14 14:23:23 GMT - Egypt - Economy - SN:19 - ID:874210
The Egyptian Exchange (EGX) continued its upward trend at the close of Thursday trading, backed by intensive purchases by local and foreign investment funds. The market capital gained about 3.8 billion pounds to hit 516.9 billion pounds, after ....
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Qastal crossing to be opened on August 25 - minister
Date: 2014-08-14 14:21:31 GMT - Egypt - Economy - SN:17 - ID:874205
The Qastal crossing on the borders between Egypt and Sudan will be opened on August 25, said Industry and Trade Minister Mounir Fakhry Abdel-Nour. The crossing would greatly contribute to activating the trade movement between the two countries, ....
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182-day T-bills auctioned
Date: 2014-08-14 14:20:50 GMT - Egypt - Economy - SN:16 - ID:874203
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 an average yield of 11.783%, adding it accepted bids at rates ....
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Sawiris' Nile Sugar Co now registered in Egypt bourse
Date: 2014-08-14 09:23:42 GMT - Egypt - Economy - SN:9 - ID:873465
Egypt's bourse agreed on Thursday to register the Nile Sugar Company, a private beet-based sugar mill owned by the Sawiris family, with a capital of 750 million pounds. Head of the Egyptian Exchange Mohamed Umran told MENA that registering new ....
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Bourse to fine companies failing to implement general assembly's decisions
Date: 2014-08-14 08:17:47 GMT - Egypt - Economy - SN:5 - ID:873316
Chairman of the Egyptian Exchange Mohamed Omran said on Thursday that fines will be slapped on registered companies failing to implement their general assemblies' decisions within the legal period, ranging between one to three months. In ....
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Abdel Nour promises quantum leap in economic relations between Egypt, Sudan
Date: 2014-08-13 16:04:13 GMT - Egypt - Economy - SN:36 - ID:872620
Trade and Industry Minister Mounir Fakhry Abdel Nour said on Wednesday that the coming period would witness a quantum leap in trade and economic relations between Egypt and Sudan, especially after the opening of border crossings between the two ....
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EGX indices witness temporary downward trend due to Mubarak testimony
Date: 2014-08-13 15:38:23 GMT - Egypt - Economy - SN:33 - ID:872546
Egypt's bourse witnessed a temporary downward trend Wednesday as investors were busy with hearing the testimony of former president Hosni Mubarak at the courtroom. Once the testimony was over, investors returned to the trading screens as the ....
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Yacht tourism to be promoted in Egypt -- ministry
Date: 2014-08-12 17:24:59 GMT - Egypt - Economy - SN:45 - ID:871003
The Finance Ministry approved on Tuesday a request by the Tourism Ministry to support the yacht and houseboat tourism in Egypt. Upon the approval, the foreign yachts will be allowed to tour the state shores for a fixed time limit, read a ....
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EGX indexes show mixed performance
Date: 2014-08-12 12:58:27 GMT - Egypt - Economy - SN:19 - ID:870482
The Egyptian Exchange (EGX) showed mixed performance at the close of Tuesday's trading due to intensive share purchases by foreign investment funds, while local and Arab investors were inclined to sell shares as restructuring of financial portfolios ....
