Abdel Rahman Shalaby
Govt prepares legislation to boost SMEs
Business
December 21, 2010
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
November 8, 2010
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
November 3, 2010
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
October 3, 2010
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
July 15, 2010
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
July 13, 2010
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
July 12, 2010
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
June 20, 2010
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
June 17, 2010
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
May 30, 2010
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,…