Abdel Rahman Shalaby

Govt prepares legislation to boost SMEs
Business

Govt prepares legislation to boost SMEs

The Egyptian government is drafting a set of legislation to boost investment in small and medium enterprises (SMEs), according to…
Vimpelcom seeks loan to buy OT, Wind
Business

Vimpelcom seeks loan to buy OT, Wind

Russian mobile operator Vimpelcom is trying to secure a US$4 billion loan in order to fund a merger with the…
Egypt exchange maintains upward trend amid investor confidence
Business

Egypt exchange maintains upward trend amid investor confidence

Egypt's EGX 30 stock market index has continued its gradual climb, rising 0.7 percent to settle at 6701.18 points by…
Algiers halts evaluation of Djezzy, Orascom Telecom shares rise
Business

Algiers halts evaluation of Djezzy, Orascom Telecom shares rise

Shares in Egypt's blue-chip Orascom Telecom (OT) rose on the local stock market on Sunday after it emerged that the…
Stock exchange drops slightly
Business

Stock exchange drops slightly

The Egyptian stock exchange recorded a minor drop of 0.13 percent on Thursday, the first day for its new director…
Former stock market director faces questioning
Business

Former stock market director faces questioning

Attorney General Abdel Meguid Mahmoud has summoned the former director of Egypt’s stock market, Maged Shawky, and the head of…
Algeria announces new law restricting foreign investment
Business

Algeria announces new law restricting foreign investment

Algeria announced a series of measures on Sunday that will give preferential treatment to domestic firms over foreign rivals, strengthening…
Egyptian stock market up 1.57%
Business

Egyptian stock market up 1.57%

The Egyptian Stock Exchange rose notably on Sunday, with foreign investors tending to buy amid a wave of selling by…
EGX30 up 1%
Business

EGX30 up 1%

Egypt's main index, EGX30, rose by 1 percent after intensive buying by local and Arab investors, while foreigners largely sold…
Stock market up 2.8% despite Greek woes
Business

Stock market up 2.8% despite Greek woes

The Egyptian stock exchange's EGX 30 index on Sunday rose by 2.8 percent, or 180 points, to close at 6518,…
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