Economy
Funding of real estate projects increased by 82% in 2015: EFSA head
September 30, 2015
Funding of real estate projects increased by 82% in 2015: EFSA head
The funding provided for real estate projects since the beginning of January 2015 until the end of August increased by…
Mideast funds heavily favor UAE equities in region: survey
September 30, 2015
Mideast funds heavily favor UAE equities in region: survey
Middle East fund managers favor United Arab Emirates stock markets over other bourses by a large margin as the region…
Egyptian pound steady at dollar sale, stronger on parallel market
September 29, 2015
Egyptian pound steady at dollar sale, stronger on parallel market
The Egyptian pound was held steady by the central bank which sold $37.8 million at a cut-off price of LE7.7301…
Egypt’s market loses LE1.4 bn on Tuesday, EGX30 declines 1.1%
September 29, 2015
Egypt’s market loses LE1.4 bn on Tuesday, EGX30 declines 1.1%
Egypt's market closed in the red zone during Tuesday's session, as the benchmark EGX30 index declined 1.05 percent to 7,331.53…
Egypt’s fight against currency black market a double-edged weapon
September 29, 2015
Egypt’s fight against currency black market a double-edged weapon
Egypt’s efforts to combat illegal currency exchanges, besides succeeding largely in curtailing the shadowy dollar trade, has negatively impacted businesses…
Commodities in crisis as Asian shares tumble and shipper files for bankruptcy
September 29, 2015
Commodities in crisis as Asian shares tumble and shipper files for bankruptcy
A Japanese shipper filed for bankruptcy on Tuesday and global trading firm Louis Dreyfus posted lower profits, the latest victims…
MIDEAST STOCKS: Gulf slips as oil prices, Asian equities sag
September 29, 2015
MIDEAST STOCKS: Gulf slips as oil prices, Asian equities sag
Gulf stock markets fell in thin early trade on Tuesday, hit by weakness in oil and Asian share prices.Dubai's index…
Egypt to participate in Marmomacc Italian exhibition
September 29, 2015
Egypt to participate in Marmomacc Italian exhibition
About 23 Egyptian companies will take part in the 50th session of the Marmomacc international trade fair for stone, design and…
Egypt’s market gains LE1.1 bn on Monday, EGX30 rises 0.9%
September 28, 2015
Egypt’s market gains LE1.1 bn on Monday, EGX30 rises 0.9%
Egypt's stock market closed in the green zone after a long Eid al-Adha holiday, as the benchmark EGX30 index on…
INTERVIEW: Egypt tourism industry expects moderate growth in 2015
September 28, 2015
INTERVIEW: Egypt tourism industry expects moderate growth in 2015
Egypt's tourism industry, hit by years of political upheaval and militant violence, is expected to post moderate growth this year…