Business

Stock market extends gains on formation of new govt

Stock market extends gains on formation of new govt

Egypt's benchmark extended gains on Wednesday after most names in the new government were made public, raising hopes among investors…
Chamber of Commerce criticizes Industry Ministry nominees

Chamber of Commerce criticizes Industry Ministry nominees

The head of the Federation of the Egyptian Chambers of Commerce, Ahmed al-Wakil, said that he would inform President Mohamed…
Greece’s Piraeus Bank halts sale of Egyptian unit

Greece’s Piraeus Bank halts sale of Egyptian unit

Greece's fourth-largest lender, Piraeus Bank, has halted the sale of its Egyptian subsidiary valued at over US$200 million, the bank…
Stock market stops trading on Ezz steel shares

Stock market stops trading on Ezz steel shares

The Egyptian stock market froze trading on shares of Ezz Steel Tuesday until the company responds to the stock market’s…
PM appointment causes stock market slump

PM appointment causes stock market slump

The stock market slumped for a second day on investor skepticism of the political and economic experience of Egypt's new…
Consumer confidence drops 0.7% in June, says state agency

Consumer confidence drops 0.7% in June, says state agency

Consumer confidence decreased by about 7 percent during June, said a monthly report by the Information and Decision Support Center.…
Ramadan consumer frenzy curtailed by anxious retailers and unsure consumers

Ramadan consumer frenzy curtailed by anxious retailers and unsure consumers

  Soheir Salem, a housewife and mother of four, walked out to the markets last Friday looking to buy her…
British Gas announces new finding in Red Sea

British Gas announces new finding in Red Sea

The Petroleum Ministry said that the British Gas Company made a commercial gas finding in the Red Sea that has…
Don’t destroy beach tourism, Morsy told

Don’t destroy beach tourism, Morsy told

AIN SOKHNA — The beanbag chair decorated with Pharaonic-era rulers that Waleed displays has found another use since passing business…
Tourism rises in first half of 2012

Tourism rises in first half of 2012

Tourism Minister Mounir Fakhry Abdel Nour on Tuesday said that the number of tourists in Egypt during the first six…
Back to top button