Egypt’s market loses LE9.1 bn on Tuesday, EGX30 falls 3.4 %
Egypt
September 8, 2015
Egypt’s market loses LE9.1 bn on Tuesday, EGX30 falls 3.4 %
Egypt's market incurred heavy losses during Tuesday's session, as the benchmark EGX30 index plunged 3.38 percent to 6,921.77 points, with…
Sawiris offered a Maldive island following refugee shelter pledge
Egypt
September 8, 2015
Sawiris offered a Maldive island following refugee shelter pledge
A businessman from the Maldives has offered his family’s island to Egyptian billionaire Naguib Sawiris, who declared last week he…
Economic ministerial group considers devaluation of Egyptian pound: Minister
Economy
September 8, 2015
Economic ministerial group considers devaluation of Egyptian pound: Minister
Investment Minister Ashraf Salman announced that the ministerial economic group is seriously considering the devaluation of the Egyptian pound in…
Egypt’s market loses LE5.8 bn on Monday, EGX30 declines 1.5 %
Business
September 7, 2015
Egypt’s market loses LE5.8 bn on Monday, EGX30 declines 1.5 %
Egypt's market closed in the red zone on Monday's session, as the benchmark EGX30 index went declined 1.48 percent 7,166.6…
Egypt’s market loses LE660 mn on Sunday, EGX30 down 0.3 %
Business
September 6, 2015
Egypt’s market loses LE660 mn on Sunday, EGX30 down 0.3 %
Egypt's market closed in the red zone on Sunday's session, as the benchmark EGX30 index went down 0.3 percent, 7,273…
Center: Developing Mediterranean gas finding can double Egypt’s production by 2018
Business
September 6, 2015
Center: Developing Mediterranean gas finding can double Egypt’s production by 2018
Developing a newly-discovered Egyptian natural gas field in the Mediterranean Sea to totally meet domestic demand could almost double the…
Egypt’s market gains LE12.7 bn in week, EGX30 index jumps 3.1%
Business
September 4, 2015
Egypt’s market gains LE12.7 bn in week, EGX30 index jumps 3.1%
Egypt's stock market has witnessed wins of LE12.69 billion (US$1.6 billion) this week, as all indexes jumped, Egyptian Exchange data…
Egypt’s market gains LE5.6 bn on Thursday, EGX30 jumps 2.03 %
Business
September 3, 2015
Egypt’s market gains LE5.6 bn on Thursday, EGX30 jumps 2.03 %
Egypt's market jumped as global backdrop improves on Thursday's session, according to Reuters.The benchmark EGX30 index jumped 2.03 percent, to…
Russia approves Mistral carrier sale to Egypt, UAE
Egypt
September 3, 2015
Russia approves Mistral carrier sale to Egypt, UAE
Russia has given France the green light to sell two Mistral helicopter carriers to Egypt and the United Arab Emirates. France…
New diesel and naphtha contract worth $300 mn
Business
September 2, 2015
New diesel and naphtha contract worth $300 mn
Egypt’s Alexandria National Refining and Petrochemicals Company is planning to rely on technology from UOP LLC, a Honeywell company, to expand…