Economy
Greek cement maker Titan Q2 profit up 26 percent on US operations
July 30, 2015
Greek cement maker Titan Q2 profit up 26 percent on US operations
Greece's second-largest cement maker Titan posted a 26 percent rise in second-quarter net profit on Thursday, helped by a strong…
Facebook social network profit dips
July 30, 2015
Facebook social network profit dips
Facebook reported a dip in its quarterly profit Wednesday but said revenues surged on mobile advertising gains, as its user base…
Egypt’s market gains LE3.3 billion on Thursday, EGX30 rises 1.1%
July 30, 2015
Egypt’s market gains LE3.3 billion on Thursday, EGX30 rises 1.1%
Egypt's market closed in the green zone for the third straight session, as the benchmark EGX30 index on Thursday rose…
Central bank: Egypt money supply up 16.4% in June
July 30, 2015
Central bank: Egypt money supply up 16.4% in June
Egypt's M2 money supply was up 16.4 percent at the end of June from a year earlier, the central bank…
Egyptian pound steady at official auction and in exchange bureaus
July 30, 2015
Egyptian pound steady at official auction and in exchange bureaus
Egypt's central bank kept the Egyptian pound steady at 7.73 per dollar at a foreign exchange auction on Thursday after…
Egypt’s car sales decline 5.4% in first half of 2015
July 30, 2015
Egypt’s car sales decline 5.4% in first half of 2015
Egypt’s car sales declined 5.4 percent to 65,600 cars in the first half of 2015, in comparison to 79,885 cars…
Gold demand weakest since 2009 in Q2 as Chinese turned to stocks
July 29, 2015
Gold demand weakest since 2009 in Q2 as Chinese turned to stocks
Demand for gold slid to its lowest in six years in the second quarter of this year as buyers from…
US official: New Suez Canal to reduce oil prices
July 29, 2015
US official: New Suez Canal to reduce oil prices
Special Envoy and Coordinator for International Energy Affairs leading the Bureau of Energy Resources (ENR) at the US Department of…
Egypt’s market gains LE6.1 billion on Wednesday, EGX30 jumps 2%
July 29, 2015
Egypt’s market gains LE6.1 billion on Wednesday, EGX30 jumps 2%
Egypt's market expanded its gains on Wednesday, as the benchmark EGX30 index jumped by 1.96 percent, recording 8,105.69 points and…