Latest in Tag: traders Highlight
Latest in Tag: traders
Traders expect improved EGX performance on back of interest rate cuts
Accordingly, they expect Sunday’s trading session to witness the results of the CBE decision, which will affect the attractiveness of other investment tools for fixed-income instruments.
Gold jewellery traders consider establishing joint stock company
Rafik Ibrahim, the former head of gold traders syndicate, said that the proposed company aims to collect 100 gm of gold from each trader of a total of 1,000 traders, adding that each trader is required to spend at least three years in the project before withdrawal, so that the company can achieve its goals.
EGX posted biggest weekly drop since December, expectations of further decline this week
The main index EGX30 fell by 5.5% last week to 14,035 points, in its largest weekly decline since December.
Oil traders expect return of $100 crude for first time since 2014 amid Iran sanctions
Problem not only concerning Egypt, but also concerning all petroleum market globally, until another country compensates 3-4m barrels supplied by Iran, says expert
Extension of deadline for traders to settle temporary customs status of released goods before issuing new customs law
New draft law rearranges all special customs’ systems
IKU begins operating in Egypt, aims to lure traders
The competition in Egypt’s smartphone market is strong and fierce among brands dominating the market share of larger market sales, such as Samsung (which controls more than 40% of the market). Strong Chinese companies are achieving good returns and achieving rapid growth rates. IKU, which began its business in the Middle East in 2014, has …
Itel approves amendments in incentives system for traders
5% of sale values go directly to traders whose sales exceed EGP 300,000
Mobile phone traders launch campaign to increase mobile, top-up card sales
Traders demand a 5% increase in top-up card prices, mobile phones by 10%
Security authorities warn traders from selling counterfeit mobile phones
We addressed traders to review all displayed phones, says member of the division
Mobile traders threaten to close their shops in protest of security crackdowns
We demand the government allow us 60 days to legalise our status, a law must be enacted to regulate the sector, says Mobile Traders Division CEO
Imposing taxes on Facebook traders expected to hit online businesses hard
Chairman of the Central Administration Tax Research Salah Yousif said the decree will impose taxes on electronic traders, rather than personal Facebook accounts, comparing it to a similar UK decree that imposed taxes on Facebook
UK regulators charge traders over Euribor rigging
British authorities have said they will charge 10 bankers with manipulating the Euro Interbank Offered Rate (Euribor). The instrument serves to define the fees for eurozone lenders borrowing funds from each other. The UK’s Serious Fraud Office said Friday it would levy charges against six bankers from Germany’s largest lender, Deutsche Bank, and four others …
Cement prices stable for 1 month, 2 companies decrease prices
Cement production volume exceeds that of last month by 143,147 tonnes
Fleeing traders plunge C. Africa into food crisis
A study conducted by the two groups showed that only 10 remained, less than a year after a coup touched off a deadly cycle of sectarian violence.