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Economy
- Service : English
- Category : Economy
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Egypt-Algeria trade balance rises in 3 months
Date: 2014-05-24 07:07:53 GMT - Algeria - Economy - SN:15 - ID:739211
Egyptian exports to Algeria have risen in the period between January and March by 123% to hit $121.33 million. The growing exports have led to an improvement in the balance of trade between the two countries in the described period by $51.26 ....
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Bourse gains EGP 5.5bn, main index up 2.04% last week
Date: 2014-05-23 11:36:01 GMT - Egypt - Economy - SN:18 - ID:738202
The Egyptian Exchange (EGX) gained 5.558 billion pounds during last week's tradings, according to a weekly report a copy of which MENA received Friday. The EGX 30 benchmark index rose 2.04 percent to reach 8,827 points. The broader EGX 70 ....
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182-, 364-day T-bills auctioned
Date: 2014-05-22 14:09:00 GMT - Egypt - Economy - SN:25 - ID:736865
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. The average yield was 10.616%, it said, adding it accepted bids at ....
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Bourse indexes rise at end of week's trading
Date: 2014-05-22 14:06:35 GMT - Egypt - Economy - SN:23 - ID:736861
The Egyptian Exchange indexes continued an upward trend backed by share purchases by local, Arab and foreign institutions. The capital market capital gained EGP 3.4 billion on Thursday to hit EGP 497.8 billion after transactions exceeded EGP 1.5 ....
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Egyptian GDRs in London unchanged
Date: 2014-05-21 17:13:15 GMT - United Kingdom - Economy - SN:70 - ID:735214
The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange remained unchanged at the close of Wednesday's trading. The GDRs of Orascom Telecom, Orascom Construction Industries and EFG-Hermes remained unchanged at $0.90, ....
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Direct maritime line between Saudi Dhaba port, Hurghada begins operation in June: Minister
Date: 2014-05-21 15:28:37 GMT - Egypt - Economy - SN:61 - ID:735039
Tourism Minister Hisham Zazouz, Red Sea Governor Ahmed Abdullah and Civil Aviation Minister Hossam Kamal received the first direct flight from Jeddah to Hurghada. In a press conference, the minister said a direct maritime line is to be ....
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Bourse indices down on Wednesday trading
Date: 2014-05-21 15:00:44 GMT - Egypt - Economy - SN:55 - ID:734968
Indices of the Egyptian Exchange (EGX) went down on Wednesday amid intensive sale operations by Egyptian and Arab investors. The total market capital lost EGP 975 million to reach 494.5 billion pounds. The EGX 30 benchmark index went down by 0.36 ....
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Cairo governorate provides air-conditioned minibuses for Metro Heliopolis' passengers
Date: 2014-05-21 14:57:43 GMT - Egypt - Economy - SN:54 - ID:734958
Cairo Governor Galal Mostafa said on Wednesday that the governorate will provide four lines of air-conditioned minibuses to serve commuters of the Heliopolis Underground Metro line. Those minibuses will cost the governorate about 10 million ....
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Egyptian bourse operating normally during presidential elections -- Omran
Date: 2014-05-21 10:58:50 GMT - Egypt - Economy - SN:41 - ID:734324
Head of the Egyptian Exchange Mohamed Omran said on Wednesday that the bourse will be operating normally during the two days of presidential elections in Egypt slated for May 26-27. In statements to MENA, he added that a mechanism will be ....
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Egypt, Italy discuss petroleum cooperation
Date: 2014-05-21 10:26:47 GMT - Egypt - Economy - SN:40 - ID:734204
Egypt and Italy discussed on Thursday developing petroleum cooperation. This came in a meeting between Petroleum and Mineral Wealth Minister Sherif Ismail and chairman of Italian Technip company Marco Villa. Talks tackled the new refining ....
