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Economy
- Service : English
- Category : Economy
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Egypt to name new bourse head
Date: 2013-06-20 11:13:15 GMT - Egypt - Economy - SN:2 - ID:164439
Investment Minister Yahia Hamed nominated on Thursday Atef Yassin to replace Dr Mohamed Omran, the incumbent head of the Egyptian Exchange (EGX) whose term will end at the end of June. The minister met Omran on Wednesday to thank him for his ....
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CBE: Deficit in balance of payment back by 81.2 percent in nine months
Date: 2013-06-19 20:23:51 GMT - Egypt - Economy - SN:22 - ID:163827
The Central Bank of Egypt (CBE) said on Wednesday that the deficit of the balance of payment is back by 81.2 percent or 9.1 billion dollars in the period from July-March this fiscal year. It stands now at only 2.1 billion dollars from 11.2 billion ....
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Finance minister denies purging operations at his ministry
Date: 2013-06-19 19:35:01 GMT - Egypt - Economy - SN:17 - ID:163736
Finance Minister Fayyad Abdel Moneim strongly denied reports on a purging operation being carried out at the Finance Ministry. These are mere rumors that aim at stirring unrest and causing public disturbance, he said Wednesday. The ministry's ....
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June 30 worries exaggerated – investment minister
Date: 2013-06-18 19:45:53 GMT - Egypt - Economy - SN:48 - ID:162005
CAIRO (MENA) – Worries about June 30 demonstrations are exaggerated, said Minister of Investment, Yehia Hamed, during a press conference on Tuesday. Hamed added that investments in Egypt are safe. Hamed said that Egyptian economy has shrunken ....
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Bourse maintains bullish trend, market capital gains EGP1.7bn
Date: 2013-06-18 19:42:20 GMT - Egypt - Economy - SN:47 - ID:162001
CAIRO (MENA) - The Egyptian Exchange (EGX) on Tuesday maintained its bullish trend with its main index up by 1.09 percent and market capital increasing by 1.7 billion pounds. The increase was prompted by purchases of Arab and foreign ....
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33 vessels transit Suez Canal
Date: 2013-06-18 19:00:59 GMT - Egypt - Economy - SN:33 - ID:161470
ISMAILIA, Egypt (MENA) - Thirty-three ships transited the Suez Canal on Tuesday, carrying a total cargo of 2.112 million tons. The south-bound convoy included 20 ships, carrying 1.167 million tons, while the north-bound convoy included 13 ....
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1st meeting of digital identity committee kicks off
Date: 2013-06-18 19:00:28 GMT - Egypt - Economy - SN:31 - ID:161465
CAIRO (MENA) - Communications Minister Atef Helmi said that the first meeting of the digital identity committee, under Prime Minister Hisham Qandil opened here on Tuesday. In press statements, the minister said the aim of the meeting is ....
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WB backs Egypt in current transitional stage
Date: 2013-06-18 10:25:08 GMT - Egypt - Economy - SN:8 - ID:160785
The World Bank backs Egypt in the current transitional stage, the World Bank Regional Director in Egypt Hartwig Schafer said. On the fringe of a ceremony marking the launch of the 2013 Egypt Development Marketplace (DM) program, he said the ....
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CAPMAS denies securing buses to ferry MB members to Cairo Stadium
Date: 2013-06-17 13:22:36 GMT - Egypt - Economy - SN:15 - ID:159513
The Central Agency for Public Mobilization and Statistics (CAPMAS) has denied news pertaining to providing buses to transport members of the Muslim Brotherhood group to Cairo Stadium to attend a pro-Syria conference in which President Mohamed Morsi ....
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WB, its partners allocate dlrs 1.25m for Egypt Development Marketplace (DM)
Date: 2013-06-17 12:41:37 GMT - Egypt - Economy - SN:14 - ID:159412
The World Bank and its partners have committed 1.25 million dollars to the 2013 Egypt Development Marketplace (DM) program which supports social enterprises addressing job creation, poverty alleviation and rural development in Egypt, World Bank ....
