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ESE Gains LE 4 bn, Index up More than 1%
Egypt >> 2/13/2013 - The Egyptian Stock Exchange (ESE) gained LE 4 billion at the end of trading on 12/2/2013 pushed by intensive purchases on selected leading shares. The EGX 30 benchmark index rose 1.08 percent to close...
Egypt's Jobless Rate Rose 0.5% in Q4/2012
Egypt >> 2/16/2013 - Egypt’s unemployment rate saw a slight rise of 0.5 percent quarter on quarter in Q4 of 2012, reaching 13 percent of the country’s total labour force, state statistical body CAPMAS reported. The total ...
ESE Loses LE 4 bn
Egypt >> 2/20/2013 - The Egyptian Stock Exchange (ESE) incurred losses at the close of trading on 19/2/2013 driven by sales by foreign investors as Arabss tended toward purchasing. The bourse's market capital lost LE 4 bi...
CPI in Dubai up 0.53% in January
United Arab Emirates >> 3/3/2013 - Inflation of Consumer Price Index in Dubai rose 0.53% in January compared to December 2012 driven by increases in the groups of Transport by 1.61%, Housing, Water, Electricity, Gas, and other Fuels by...
20% Increase in Egypt’s Exports to Poland
Egypt >> 3/3/2013 - The Egyptian-Polish Businessmen Association held an expanded meeting with Trade Minister Plenipotentiary Ehab Tahoon, to discuss means of augmenting Egyptian exports to Poland, whose value reached $13...
EGX Lost LE 7.2 Billion
Egypt >> 3/5/2013 - The Egyptian Stock Exchange incurred heavy losses at the close of 4/3/2013 trading session with all indexes sharply down due to a tax crisis involving Orascom Construction Industries (OCI). On 3/3/201...
Egypt's Urban Consumer Inflation Hits 8.7%
Egypt >> 3/10/2013 - Annual urban consumer inflation shot up to 8.7 percent year-on-year (y-o-y) in February, up from 6.6 percent in January according to data just released by the Central Agency for Public Mobilisation an...
UAE Exports Grows 61% to Dhs135.7bn
United Arab Emirates >> 3/13/2013 - The UAE non-oil exports show a flat and stable growth, confirming the good reputation of these exports in the global markets, said the Federal Customs Authority (FCA) in a press release. "The value of...
Inflation in Dubai down 0.03% in February
United Arab Emirates >> 3/13/2013 - Overall inflation of Consumer Price Index (CPI) in Dubai dropped by 0.03% in February 2013 compared to the same period in 2012, driven by a drop in prices of the food and drinks group by 0.75, miscell...
Egyptian Exports up by 7%
Egypt >> 3/17/2013 - The value of Egyptian exports over the past couple of months recorded EGP23.7 billion, of which EGP12.1 billion in February. A report by the Export-Import Control Authority said the value of building ...
EGX Gains EGP2.6bn
Egypt >> 3/25/2013 - The Egyptian Exchange (EGX) indexes were unaffected by the decreased credit rating of Moody's Corporation for Egypt and an increase by the Central Bank of Egypt of the interest rate. Trading was up on...
EGX Gains EGP2.6bn
Egypt >> 3/25/2013 - The Egyptian Exchange (EGX) indexes were unaffected by the decreased credit rating of Moody's Corporation for Egypt and an increase by the Central Bank of Egypt of the interest rate. Trading was up on...
EGX Loses 3.9bn Pounds
Egypt >> 4/1/2013 - The Egyptian Exchange (EGX) closed on 31/3/2012 with its main index losing 1.6%. The market capital lost about 3.9bn pounds due to foreign investors' sales.
Egypt Foreign Reserves Dropped Slightly in March
Egypt >> 4/4/2013 - Egypt's Net International Reserves (NIR) fell by around $84 million in March to $13,424 billion, the Central Bank of Egypt (CBE) announced. The NIR has fallen by around $1.6 billion since the beginnin...
DIC and DOZ Record 15% Growth in 2012
United Arab Emirates >> 4/9/2013 - Dubai Internet City (DIC), the MENA region's largest IT cluster, and Dubai Outsource Zone (DOZ), the world's first freezone dedicated to the outsourcing industry, has announced growth of 15% as 160 ne...
EGX Gains EGP 2.9 Billion
Egypt >> 4/15/2013 - The Egyptian Exchange (EGX) witnessed a collective rise at the closing of trading on 14/4/2013 due to a Qatari loan to Egypt and Libyan deposits that are expected to boost the national economy. The st...
Egypt Stocks Dip Slightly on Anticipated Cabinet Reshuffle
Egypt >> 4/22/2013 - Egypt stocks slipped for the second consecutive day amid talk of an imminent cabinet reshuffle. Egyptian Prime Minister Hisham Qandil stated that discussions over an impending government reshuffle wer...
13.7% Increase in Foreign Currency Deposits
Egypt >> 4/29/2013 - Central Bank of Egypt Governor Hisham Ramez said that deposits increase rate increased 11.58% in December 2012; the local currency increase rate was 11% while foreign currency increase rate was 13.7% ...
Money Supply up to AED 59.4 bn by March end: Central Bank
United Arab Emirates >> 5/7/2013 - Central Bank of the UAE announced that money supply M0 (currency in circulation + currency at banks) increased by 1.0% from AED 58.8 billion at the end of February 2013 to AED 59.4 billion at the end ...
Egypt Urban Inflation Grows to 8.1% in April
Egypt >> 5/9/2013 - Egypt’s urban Consumer Price Index (CPI) grew by 8.1 percent in the 12 months to April, recording 133.8 points, state statistics body (CAPMAS) announced. The annual urban inflation rate in the 12 mont...

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