Economy

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  • 91-, 266 T-bills auctioned

    91-, 266 T-bills auctioned

    Date: 2014-01-26 14:54:04 GMT - Egypt - Economy - SN:26 - ID:521676

    The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 5 billion. In an online statement, the ministry said it sold EGP 2 billion of 91-day T-bills with a 2.98 bid-to-cover ratio. The average yield was 10.373%, it said, ....

  • Bourse losses EGP 1.1 bln at end of trading

    Bourse losses EGP 1.1 bln at end of trading

    Date: 2014-01-26 14:07:14 GMT - Egypt - Economy - SN:25 - ID:521588

    Indices of Egyptian Exchange (EGX) collectively declined on Sunday over profit-taking by Arab investors, while the Egyptian and foreign investors inclined to buying stocks. The market capital lost about 1.1 billion pounds to reach 443.3 billion ....

  • Investment minister inspects Media Production City

    Investment minister inspects Media Production City

    Date: 2014-01-25 18:17:58 GMT - Egypt - Economy - SN:43 - ID:520299

    Investment Minister Ossama Saleh on Saturday paid a visit to the Media Production City to inspect the security situation in the area. During the visit, Saleh toured the studios and plateaus of satellite channels to make sure work is going ....

  • Fadel: Navigation movement at all airports regular

    Fadel: Navigation movement at all airports regular

    Date: 2014-01-25 16:00:56 GMT - Egypt - Economy - SN:36 - ID:520044

    Minister of Civil Aviation Abdel Aziz Fadel asserted that navigation at all Egyptian airports is going on regularly. In statements on Saturday, Fadel asserted that security measures have been beefed up at the entrances and exits of the airport ....

  • Fahmy partakes in high-level meeting in Davos forum

    Fahmy partakes in high-level meeting in Davos forum

    Date: 2014-01-24 17:57:39 GMT - Egypt - Economy - SN:55 - ID:518301

    Egypt’s Foreign Minister Nabil Fahmy participated Friday in a high-level informal meeting of the World Economic Forum in Davos, Switzerland. The meeting tackled the Syrian crisis, said Badr Abdel Ati, the spokesman for the Foreign Ministry in ....

  • PM arrives in Cairo after partaking in Davos forum in Switzerland

    PM arrives in Cairo after partaking in Davos forum in Switzerland

    Date: 2014-01-24 13:54:54 GMT - Egypt - Economy - SN:33 - ID:517666

    Prime Minister Hazem el-Beblawy returned home Friday from Switzerland after taking part in the activities of Davos World Economic Forum. The premier chaired a delegation grouping Finance Minister Ahmed Galal and a large number of ....

  • 182-, 364-day T-bills auctioned

    182-, 364-day T-bills auctioned

    Date: 2014-01-23 13:59:53 GMT - Egypt - Economy - SN:27 - ID:515809

    The Finance Ministry auctioned on Thursday treasury bills at a total value of 6 billion pounds. In an online statement, the ministry said it sold 2.5 billion pounds of 182-day T-bills with a 1.84 bid-to-cover ratio. The average yield was 10.688%, ....

  • 25% discount on air  tickets on Jan 25

    25% discount on air tickets on Jan 25

    Date: 2014-01-23 13:58:46 GMT - Egypt - Economy - SN:26 - ID:515803

    Civil Aviation Minister Abdel Aziz Fadel decided to offer a discount on all the domestic and foreign flight tickets that will booked on Saturday to mark the third anniversary of the January 25 revolution. National and privately owned domestic ....

  • There is no room for any new dictator in Egypt - minister

    There is no room for any new dictator in Egypt - minister

    Date: 2014-01-23 13:51:29 GMT - Egypt - Economy - SN:23 - ID:515785

    There will be no new dictators in Egypt and Egyptians will live under a full democratic system, affirmed Trade and Industry Minister Mounir Fakhri Abdel-Nour. The US should understand the real situation in Egypt, Abdel-Nour said, adding that the ....

  • Egyptian GDRs in London up

    Egyptian GDRs in London up

    Date: 2014-01-22 18:41:31 GMT - United Kingdom - Economy - SN:71 - ID:514341

    The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange rose at the close of Wednesday's trading. The GDRs of the Commercial International Bank (CIB), the Orascom Telecom and Orascom Construction Industries rose by ....

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