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Economy
- Service : English
- Category : Economy
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USAID investments in Egypt amount to $30b since 1975
Date: 2014-06-28 08:49:50 GMT - Egypt - Economy - SN:20 - ID:801734
US economic assistance to Egypt (ESF) through the US Agency for International Development has totaled approximately 30 billion dollars since 1975, USAID has said. USAID programs in Egypt have over the past two years secured more than 40,000 ....
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Egyptian GDRs in London show mixed performance
Date: 2014-06-28 07:43:34 GMT - United Kingdom - Economy - SN:5 - ID:801622
The Egyptian global depository receipts (GDRs) in the London Stock Exchange (LSE) showed mixed performance at the close of Friday's trading. The GDRs of Orascom Telecom went up by 1.12 percent to 0.90 dollar. The GDRs of the Commercial ....
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Irrigation Minister inspects projects of High Dam, Aswan Dam, Toshka
Date: 2014-06-27 13:51:20 GMT - Egypt - Economy - SN:15 - ID:800937
Irrigation Minister Hossam Moghazy and a number of Ministry officials began on Friday a two-day tour of the projects of High Dam, Aswan Dam and Toshka. The Minister makes the tour to inspect the progress of work and get acquainted with the latest ....
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Bourse loses EGP 7 bn last week
Date: 2014-06-27 08:26:25 GMT - Egypt - Economy - SN:2 - ID:800290
The Egyptian Exchange closed last week with losses amounting to EGP 7 billion and its indexes were all down. The capital market declined to EGP 473.7 billion, one percent less than last week. During the course of the week, the benchmark index ....
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182-, 364-day T-bills auctioned
Date: 2014-06-26 13:51:59 GMT - Egypt - Economy - SN:15 - ID:799384
The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 7 billion. In an online statement, the ministry said it sold EGP 3 billion of 182-day T-bills. The average yield was 10.827%, it said, adding it accepted bids at ....
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Hyper, super markets to reduce prices: supply min
Date: 2014-06-26 12:54:17 GMT - Egypt - Economy - SN:12 - ID:799240
Minister of Supply and Internal Trade Khaled Hanafy said Thursday that there is a real competition between public and private sectors to reduce prices of all food and non-food commodities in markets. Hanafy said, while attending the inauguration ....
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Wages eat up 75% of Egypt’s budget: Planning min.
Date: 2014-06-26 08:52:07 GMT - Egypt - Economy - SN:4 - ID:798639
Planning Minister Ashraf el-Arabi has said only five per cent of Egypt's general budget were allocated for development and setting up new projects. In an interview with Al Hayat TV, the minister said that the other 75 per cent are eaten up by the ....
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Egyptian bourse BOD recommends optional mechanism for commercial arbitration
Date: 2014-06-25 11:38:46 GMT - Egypt - Economy - SN:46 - ID:797217
The Egyptian stock exchange Board of Directors (BOD) discussed a recommendation to establish an optional mechanism for commercial arbitration with the purpose of resolving disputes which would enhance the pace of resolving commercial or investment ....
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Salman underlines importance of having investment map for Egypt
Date: 2014-06-25 11:01:36 GMT - Egypt - Economy - SN:40 - ID:797139
Minister of Investment Ashraf Salman underlined on Wednesday the importance of Egypt's participation in all investment promotion activities to get investors acquainted with investment opportunities in Egypt. At a meeting with Director of the Arab ....
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US business delegation to visit Egypt in November
Date: 2014-06-25 08:33:06 GMT - USA - Economy - SN:25 - ID:796706
A delegation grouping American businessmen will visit Egypt in November to explore spheres of cooperation, Egyptian Ambassador here Mohamed Tawfiq said. Addressing the joint meeting of the US Chamber of Commerce and the Egyptian-American Business ....
