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News

Egypt's stock market maintained its upward movement driven by foreign and Arab institution buying activities.   The EGX30 Index gained 1.15 percent recording 8,633.15 points at a turnover of LE564 million.   Arab and foreign...
A total of 10 IPOs were issued in the Middle East and North Africa (MENA) during the first half of this year, and together raised $3.95 billion, according to a report by to Zawya M&A Monitor on Tuesday.   The month of September...
Egypt’s Minister of Trade and Industry Fakhry Abdel Nour on Monday announced the possibility of signing an agreement on free trade between Egypt and the Eurasian Economic Union.   "During the meeting the parties discussed the...
The Egyptian stock exchange rebounded backed by buying activities that occurred in Monday’s session.   The benchmark index EGX30 rose a sight 0.13 percent to record 8,534.89 points on a total turnover of LE649 million, stock market...
The host of Dream 2’s talk show “10 O’Clock” is blaming authorities for his show suddenly going off air late Sunday during a video report of a huge fire that caught a market in the city of Mahalla.   News reports...
Egypt set three conditions to allow the import of Israeli gas: officials must receive permission from state and the gas must fulfill added value to Egyptian economy as well as to Egyptian companies, said Hamdy Abdel Aziz, official spokesman of the...
Egyptian Global Telecom Holding (GTH), the company previously known as Orascom, has sold its entire 100 percent stake in Telecel Globe Limited (TG), which owns 100 percent of each of U-COM in Burundi and Telecel CAR in Central African Republic, for...
The Egyptian stock exchange main index EGX30 began on a strong positive note yet failed to sustain its positive performance due to the lack of investors' buying appetite, said Sigma Securities Brokerage.   The EGX30 Index lost 0.81 percent...
A labor freedom campaign has warned against the government’s reported plans to issue new laws regulating labor and trade unionist freedoms in the absence of legislature and without public debate.   “Towards a Fair Labor Law”...
The Egyptian Exchange management has requested from the listed companies to reveal the latest financial and operational position and if there is any undisclosed material events resulted in the recent movements in shares prices, according to...

Opinion articles

Downtown Cairo is once again a battlefield, and this time, the military is not just a silent facilitator, but an active participant — beating, dragging, shooting, and assaulting civilians. The latest round of brutality has led us to not only...
On 24 November, we issued the first edition of our new project, Egypt Independent, a weekly, 24-page newspaper that attempts to unpack Egypt’s complex and dynamic political and cultural landscape. It was not long before we were interrupted....