Economy
Egyptian pound steady at dollar sale, weaker on parallel market
October 13, 2015
Egyptian pound steady at dollar sale, weaker on parallel market
The Egyptian central bank held the pound steady at a dollar sale on Tuesday, selling $37.8 million at a cut-off…
Egyptian exports fall by 29% in September 2015
October 12, 2015
Egyptian exports fall by 29% in September 2015
Egyptian non-petroleum exports fell in September 2015 by 29 percent to US$1.7 billion, from $1.2 billion in the same month…
OPEC sees pressures on oil price easing
October 12, 2015
OPEC sees pressures on oil price easing
Market pressures that slashed the price of oil to below $50 per barrel appear to be easing, the OPEC oil…
PM to launch 3rd intel PPP projects conference next Monday
October 12, 2015
PM to launch 3rd intel PPP projects conference next Monday
Prime Minister Sherif Ismail will launch, on Monday, October 19, the third international conference hosted by the Finance Ministry’s private-public…
Egypt’s market gains LE3.8 bn on Monday, EGX30 rises 1.4%
October 12, 2015
Egypt’s market gains LE3.8 bn on Monday, EGX30 rises 1.4%
Egypt's stock market extended its gains on Monday, as the benchmark EGX30 index rose 1.36 percent to 7,650.65 points, with…
Egyptian borrowers face challenges raising syndicated loans
October 12, 2015
Egyptian borrowers face challenges raising syndicated loans
Egypt's return to the international syndicated loan market is being hampered by September's global volatility and the growing liquidity crunch…
Egypt says awards tender to buy 55 LNG cargoes
October 12, 2015
Egypt says awards tender to buy 55 LNG cargoes
Egypt's state gas board EGAS said on Monday it is to buy 55 cargoes of liquefied natural gas (LNG), 10…
Asian shares extend October rally; dollar slips
October 12, 2015
Asian shares extend October rally; dollar slips
Asian shares rose on Monday, extending an October rally, as investors hunted for bargains in industrials and basic materials, fuelled…
Egypt’s market gains LE1.6 bn on Sunday, EGX30 rises 0.8%
October 11, 2015
Egypt’s market gains LE1.6 bn on Sunday, EGX30 rises 0.8%
Egypt's stock market closed in the green zone on Sunday, as the benchmark EGX30 index rose 0.75 percent to 7,547.66…
Egyptian pound steady at dollar sale, on parallel market
October 11, 2015
Egyptian pound steady at dollar sale, on parallel market
Egypt's central bank kept the pound steady at a dollar sale on Sunday, as it sold $37.5 million at a…