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Economy
- Service : English
- Category : Economy
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Egypt records $3.7bln surplus in balance of payments within 3 months - CBE
Date: 2013-12-19 15:57:13 GMT - Egypt - Economy - SN:44 - ID:451039
The Central Bank of Egypt (CBE) stated that Egypt’s transactions with the world unfolded an overall Balance of Payments (BOP) surplus of 3.7 billion dollars, during July-September, against a deficit of 518.7 million dollars in the same period last ....
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EBRD funds projects worth $50 million in Egypt
Date: 2013-12-19 15:21:14 GMT - United Kingdom - Economy - SN:40 - ID:450957
The European Bank for Reconstruction and Development (EBRD) signed a 50-million-dollar agreement to support funding small and medium enterprises (SMEs) in Egypt. In a statement, the London-based EBRD said that the agreement, which was signed ....
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EGX indexes show varied performance at closing
Date: 2013-12-19 14:48:28 GMT - Egypt - Economy - SN:37 - ID:450881
The Egyptian Stock Exchange (EGX) showed varied performance at closing on Thursday, amid Arab and Egyptian investors' purchases. The market capital recorded losses worth about 1.1 billion pounds, reaching 423.1 billion pounds. The ....
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Egypt has great potentials in furniture industry - minister
Date: 2013-12-19 14:25:42 GMT - Egypt - Economy - SN:34 - ID:450827
Minister of Trade and Industry Mounir Fakhry Abdel Nour underscored that Egypt's furniture industry is a very promising sector, adding that Egypt has great potentials qualifying it to export furniture to the international markets. Abdel Nour's ....
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EGX changes NSGB name to QNB
Date: 2013-12-19 14:12:56 GMT - Egypt - Economy - SN:29 - ID:450788
The securities listing committee at the Egyptian Exchange (EGX) approved on Thursday changing the name of the National Société Générale Bank (NSGB) to Qatar National Bank Ahly (QNB), Mubasher.com reported. The stock’s code will be changed to ....
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Kuwait's Al Ghanim plans major projects in Egypt: Minister
Date: 2013-12-19 12:19:55 GMT - Egypt - Economy - SN:16 - ID:450471
Kuwaiti conglomerate Al Ghanim Industries is planning to carry out two major agricultural and real estate projects in Egypt, Minister of Investment Osama Saleh said. The agricultural project aims at cultivating millions of varied trees in Upper ....
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Plastic banknotes to start in 2016, Bank of England says
Date: 2013-12-18 16:45:22 GMT - United Kingdom - Economy - SN:67 - ID:449162
Plastic banknotes that can survive a spin in the washing machine are to be brought into circulation by the Bank of England in 2016, the BBC reported. The Bank argues that the polymer notes stay cleaner and are more secure than cotton paper notes, ....
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Mamish launches locomotive in Alexandria
Date: 2013-12-18 15:39:28 GMT - Egypt - Economy - SN:60 - ID:449062
Chairman of the Suez Canal Authority Admiral Mohab Mamish launched a locomotive in Abu-Qir, eastern of Alexandria, which was set up in the workshops of Al-Temsah Company for Building Ships. In statements on the sidelines of the ceremony, attended ....
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EGX index up 0.05 percent
Date: 2013-12-18 14:50:26 GMT - Egypt - Economy - SN:52 - ID:448952
The Egyptian Exchange (EGX) main index upped by 0.05 percent on Wednesday, retrieving all losses the bourse had endured since January 2011. The EGX 30 main benchmark index closed at 7,623.64 points, which is 0.5 point more than that recorded on ....
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CAPMAS: 52% decrease in tourists turnout in October
Date: 2013-12-18 11:44:34 GMT - Egypt - Economy - SN:46 - ID:448439
Central Agency for Public Mobilization and Statistics (CAPMAS) said that the number of tourists coming from various world countries decreased by 52 percent during October to reach 559,000 tourists down from 1.2 million tourists who visited Egypt ....
