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Economy
- Service : English
- Category : Economy
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Egypt's bourse to shorten trading hours as of Sunday
Date: 2013-08-17 19:01:14 GMT - Egypt - Economy - SN:44 - ID:246473
Daily trading hours will be shortened on the Egyptian stock exchange to three hours instead of four starting from Sunday, said head of the Egyptian Financial Supervisory Authority Sherif Samy. Samy told MENA that the decision was adopted in ....
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Finance ministry still on fire - source
Date: 2013-08-15 16:03:10 GMT - Egypt - Economy - SN:41 - ID:243127
The Finance Ministry has an electronic archive where all its important documents are saved, so there is nothing to worry about regarding the hard-copy files consumed by the fire, an official source said. Civil defense forces and Armed Forces ....
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US strongly opposes state of emergency in Egypt - Kerry
Date: 2013-08-15 10:41:10 GMT - USA - Economy - SN:3 - ID:242421
US Secretary of State John Kerry has condemned violence in Egypt as "deplorable" but refused to say whether America would take steps to pressure the military into halting its onslaught, the Telegraph reported on Wednesday. "The United States ....
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Bourse loses 5.8bln pounds as index plunges 1.7 percent
Date: 2013-08-14 16:02:38 GMT - Egypt - Economy - SN:33 - ID:241438
The Egyptian Exchange plunged on Wednesday weighed down by concerns over the dispersal of the sit-in camps in Cairo's Rabaa El-Adawiya and Giza's Nahda squares. Local and foreign institutions and funds seized the opportunity of the falling ....
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Trading on Egypt bourse to be suspended Thursday
Date: 2013-08-14 15:28:19 GMT - Egypt - Economy - SN:32 - ID:241370
Trading on the Egyptian bourse will be suspended Thursday as the banks will be closed, said EGX Chairman Mohamed Omran. In statements Wednesday, Omran said that the Central Bank of Egypt (CBE) Governor Hesham Ramez told him that the Egyptian ....
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CBE : bank branches near areas of unrest to be closed to public at 12 noon
Date: 2013-08-14 12:26:52 GMT - Egypt - Economy - SN:20 - ID:240935
The Central Bank of Egypt (CBE) said Wednesday that all branches of banks located near areas of unrest will be closed to the public early at 12 noon. Work at these bank branches will officially end at 1pm, it said. ....
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Egypt's bourse loses 4.6 billion pounds at early trading
Date: 2013-08-14 12:02:45 GMT - Egypt - Economy - SN:17 - ID:240865
The Egyptian Exchange lost 4.6 billion pounds at the opening of its trading session on Wednesday as all indices signaled a downward performance prompted by sellings by investors on the back of the current political developments in the country. ....
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Egypt's bourse gains 3.2 billion pounds
Date: 2013-08-13 17:14:24 GMT - Egypt - Economy - SN:34 - ID:239819
Egypt' bourse made profits at the closing of trading on Tuesday, prompted by purchases of Egyptian investors. The market capital achieved gains worth 3.2 billion pounds to reach 366.3 billion pounds. The EGX 30 benchmark index rose 0.12 ....
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50 vessels transit Suez Canal
Date: 2013-08-13 17:13:28 GMT - Egypt - Economy - SN:33 - ID:239816
Fifty ships transited the Suez Canal on Tuesday, carrying a total cargo of 2.7 million tons. The south-bound convoy included 23 ships, carrying 1.3 million tons, while the north-bound convoy included 27 ships, carrying 1.4 million tons. ....
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NBE chairman sounds optimistic about Egypt's economy
Date: 2013-08-13 16:03:39 GMT - Egypt - Economy - SN:26 - ID:239665
Chairman of the National Bank of Egypt (NBE) Hisham Okasha, said he is optimistic that Egypt's economy will recover in the near future, arguing the country's economy has all capabilities. Speaking to MENA, Okasha said "all internal signs are ....
