Egyptian stock exchange

Orascom buyout battle scars stock market
Business

Orascom buyout battle scars stock market

A regulatory battle over an offer to buy out shareholders in Orascom Construction Industries may inflict damage on the Egyptian…
Stock exchange sees capital market losses worth LE4.3 billion
Business

Stock exchange sees capital market losses worth LE4.3 billion

The Egyptian Stock Exchange’s EGX30 index fell 1.61 percent, or 5.17 points, on Wednesday as unrest continues to plague the…
Market falters for second day, loses LE5.2 billion
Business

Market falters for second day, loses LE5.2 billion

The main index of the Egyptian stock market fell 2.49 percent Tuesday, the second consecutive day of heavy losses for…
EGX shares market value falls LE700 million
Business

EGX shares market value falls LE700 million

Shares were down overall by the end of trading Thursday on the Egyptian Stock Exchange. The EGX30, the exchange’s main…
New tax casts gloom over stock exchange
Business

New tax casts gloom over stock exchange

The EGX30, the Egyptian Stock Exchange's main index, fell 0.55 points Wednesday, continuing its downward spiral that began last week.…
Egyptian stock market falls 0.03 %
Business

Egyptian stock market falls 0.03 %

The EGX30, the Egyptian Stock Exchange's benchmark index, fell 0.03 percent Tuesday, signaling a possible slowdown since it began reporting…
Sawiris’ OCI looks to move outside Egypt, and its stocks may follow
Business

Sawiris’ OCI looks to move outside Egypt, and its stocks may follow

Orascom and a group of American investors, among them Microsoft giant Bill Gates, have set into motion a transaction set…
Stock market ends on high note amid increased investor optimism
Business

Stock market ends on high note amid increased investor optimism

The Egyptian Stock Exchange rose on Thursday after the announcement of positive news related to the economy. This, combined with…
Stock market falls again after constitutional referendum rejection
Business

Stock market falls again after constitutional referendum rejection

The Egyptian stock exchange dropped Monday after gaining Sunday, as a main opposition coalition rejected President Mohamed Morsy’s plan to…
Stock market recovers LE4 million from last week’s losses
Business

Stock market recovers LE4 million from last week’s losses

  Egyptian stock market indices rose during Sunday trading, after the Supreme Constitutional Court canceled a session to consider the legality…
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