Economy
Egyptian pound steady at official auction and on black market
June 18, 2015
Egyptian pound steady at official auction and on black market
Egypt's central bank kept the pound's exchange rate steady at 7.53 to the dollar at a foreign exchange auction on…
Minister highlights Russian interest in energy investments
June 18, 2015
Minister highlights Russian interest in energy investments
Major Russian companies are eager to invest in various Egyptian economic sectors, most notably the energy and natural gas sectors,…
Egypt’s market gains LE1.4 billion on Thursday, EGX30 up 0.24 %
June 18, 2015
Egypt’s market gains LE1.4 billion on Thursday, EGX30 up 0.24 %
Egypt's stock market closed in the green zone on Thursday, as the benchmark EGX30 index inched up 0.24 percent, recording…
Emaar Misr sets IPO price at LE3.8 per share
June 18, 2015
Emaar Misr sets IPO price at LE3.8 per share
Egypt's Emaar Misr has priced its initial public offering at LE3.8 ($0.4980) per share, parent firm Emaar Properties said on…
Egyptian dairy maker Domty plans to list on Cairo bourse by early next year
June 17, 2015
Egyptian dairy maker Domty plans to list on Cairo bourse by early next year
One of Egypt's top dairy makers, Arabian Food Industries Co.(Domty), plans an initial public offering (IPO) on the Cairo bourse…
Egypt’s market gains LE1.6 billion on Wednesday, EGX30 up 0.01 %
June 17, 2015
Egypt’s market gains LE1.6 billion on Wednesday, EGX30 up 0.01 %
Egypt's stock market closed flat on Wednesday, as the benchmark EGX30 index inched up 0.01 percent, recording 8,556.55.1 points and…
Egypt’s market gains LE2.6 billion on Tuesday, EGX30 rises 0.5%
June 16, 2015
Egypt’s market gains LE2.6 billion on Tuesday, EGX30 rises 0.5%
Egypt's stock market closed in the green zone on Tuesday, after losing in the last eight consecutive sessions, as the benchmark EGX30 index…
Investors association calls on CBE to boost tourism development
June 16, 2015
Investors association calls on CBE to boost tourism development
Atef Abdel Latif, member of the Marsa Alam and South Sinai investors associations, has called on President Abdel Fattah al-Sisi…
CAPMAS: 10.9% increase in trade deficit for March 2015
June 16, 2015
CAPMAS: 10.9% increase in trade deficit for March 2015
The total trade deficit reached LE26.7 billion in March, compared to LE24 billion during the same month in 2014, marking…
Finance Ministry: Cost of food imports down 31.5% in 5 months
June 16, 2015
Finance Ministry: Cost of food imports down 31.5% in 5 months
The value of foodstuffs imported by Egypt has gone down by 31.5 percent in five months, the Egyptian Tax Authority…