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Economy
- Service : English
- Category : Economy
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Law on protection of competition needs to be amended - official
Date: 2013-08-25 13:07:31 GMT - Egypt - Economy - SN:29 - ID:257500
The head of the Protection of Competition and Prevention of Monopoly Practices underlined on Sunday the importance of modifying the current law regulating competition to guarantee more protection to Egyptian interests and independence for the agency ....
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Banks return to normal time work as of Monday –CBE
Date: 2013-08-25 11:29:24 GMT - Egypt - Economy - SN:9 - ID:257283
The Central Bank of Egypt decided on Saturday to return to normal time work for banks as of Monday. The work time was shortened last month amid a turmoil after the July 3 ouster of deposed president Mohamed Morsi. The banks will return ....
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15.5-mln pound Italian grant to support civil defense in Beheira
Date: 2013-08-24 10:18:02 GMT - Egypt - Economy - SN:11 - ID:255888
Governor of Beheira Mustafa Hudhud said on Friday that the governorate will receive a grant of 15.5 million pound from Italy to support the civil defense. The aid will be used to purchase six fire engines equipped in addition to a hydraulic ....
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Egypt mulls turning to value added tax
Date: 2013-08-23 15:57:47 GMT - Egypt - Economy - SN:25 - ID:255189
Finance Minister Ahmed Galal unveiled on Friday plans to turn to the value added tax (VAT), saying it is very effective economically speaking when it is compared to the the incumbent sales tax. Galal, in press statements, said the VAT is one of ....
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In week, Egypt bourse showed mixed performances, main index down 2.24 %
Date: 2013-08-23 10:10:10 GMT - Egypt - Economy - SN:7 - ID:254633
Egypt' bourse showed mixed performance over the last week's trading as the EGX 30 benchmark index lost 2.24 percent to close at 5,425 points. The broader EGX 70 index of the leading smaller and mid cap enterprises (SME) inched up by 4.15 ....
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Egyptian bourse gains 1.9 billion EGP
Date: 2013-08-21 15:31:11 GMT - Egypt - Economy - SN:17 - ID:252278
Indices of the Egyptian Exchange (EGX) shut Wednesday's session collectively up backed by wide purchases by investors and growing expectations of stable political conditions and a decrease in protests of supporters of ousted president Mohamed Morsi ....
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Egyptian bourse gains 3.4 billion EGP, main index up 1.08 percent
Date: 2013-08-20 17:34:19 GMT - Egypt - Economy - SN:50 - ID:250986
Indices of the Egyptian Exchange (EGX) shut Tuesday's session collectively up amid a decline in political fears, a decrease in protests of supporters of ousted president Mohamed Morsi and after the arrest of the Muslim Brotherhood Supreme Guide ....
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Egypt, UAE discuss short, long-term projects
Date: 2013-08-20 17:31:45 GMT - Egypt - Economy - SN:49 - ID:250982
International Cooperation Minister Zeyad Bahaaeldin said his talks with a delegation from the UAE Tuesday took up short and long-term development projects. The meeting also focused on means to help the Egyptian economy recover, Bahaaeldin ....
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IT source denies Internet cut off rumor in Egypt
Date: 2013-08-20 17:11:15 GMT - Egypt - Economy - SN:45 - ID:250946
An official source at the Ministry of Communications and Information Technology Tuesday denied as groundless a rumor about cutting off the internet service in Egypt. Sources at Telecom Egypt refuted as false the same rumor. ....
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32 ships transit Suez Canal
Date: 2013-08-20 14:45:00 GMT - Egypt - Economy - SN:36 - ID:250625
Thirty-two ships crossed the Suez Canal Tuesday carrying a total cargo of about 1.8 million tons. The south-bound convoy included 22 ships, carrying 1.3 million tons, while the north-bound convoy included 10 ships, carrying 513.000 tons. ....
