Economy
Egypt’s market gains LE12.7 bn in week, EGX30 index jumps 3.1%
September 4, 2015
Egypt’s market gains LE12.7 bn in week, EGX30 index jumps 3.1%
Egypt's stock market has witnessed wins of LE12.69 billion (US$1.6 billion) this week, as all indexes jumped, Egyptian Exchange data…
Egypt’s market gains LE5.6 bn on Thursday, EGX30 jumps 2.03 %
September 3, 2015
Egypt’s market gains LE5.6 bn on Thursday, EGX30 jumps 2.03 %
Egypt's market jumped as global backdrop improves on Thursday's session, according to Reuters.The benchmark EGX30 index jumped 2.03 percent, to…
Egyptian pound steady at dollar sale, exchange bureaux
September 3, 2015
Egyptian pound steady at dollar sale, exchange bureaux
Egypt's central bank kept the pound steady at a dollar sale on Thursday, selling $37.8 million at a cut-off price…
MIDEAST STOCKS: Saudi, Egypt rise alongside global markets as oil steadies
September 3, 2015
MIDEAST STOCKS: Saudi, Egypt rise alongside global markets as oil steadies
Stock markets in Saudi Arabia and Egypt rose in early trade on Thursday, tracking global bourses as oil prices, which…
Sisi urges Chinese partners to join Egypt’s development projects
September 3, 2015
Sisi urges Chinese partners to join Egypt’s development projects
President Abdel Fattah Al Sisi urged on Wednesday the Chinese companies to contribute to Egypt's development projects meant to boost…
CAPMAS: Egypt’s exports to COMESA reached $5.8m in May 2015
September 2, 2015
CAPMAS: Egypt’s exports to COMESA reached $5.8m in May 2015
Egypt's exports to Common Market for Eastern and Southern Africa (COMESA) during May 2015 reached $5.76 million, compared to $5.69…
MoU signed with China in construction of Egypt’s new capital
September 2, 2015
MoU signed with China in construction of Egypt’s new capital
Egypt has signed a Memorandum of Understanding with China to partially engage the latter in the construction of the first…
Egypt’s market loses LE1.2 bn on Wednesday, EGX30 down 0.74%
September 2, 2015
Egypt’s market loses LE1.2 bn on Wednesday, EGX30 down 0.74%
Egypt's market closed in the red zone on Wednesday's session, as the benchmark EGX30 index went down 0.74 percent, to…
Egypt picks winners in tender for 4 LNG cargoes via Jordan
September 2, 2015
Egypt picks winners in tender for 4 LNG cargoes via Jordan
Egypt has picked Shell, Vitol and Trafigura in a tender to supply four cargoes of liquefied natural gas (LNG) via…
IMF’s Lagarde warns of spillover risks from recent volatility
September 2, 2015
IMF’s Lagarde warns of spillover risks from recent volatility
Recent volatility in global financial markets shows how rapidly risks can spill over from one economy to the next, the…