Economy
Egypt’s Emaar Misr says two senior executives quit the property developer
August 2, 2015
Egypt’s Emaar Misr says two senior executives quit the property developer
Two senior executives at Egypt's Emaar Misr have resigned, the property developer said on Sunday, several weeks after its disappointing…
Credit Agricole Egypt: 17.5% increase in interest income in 1st half of 2015
August 2, 2015
Credit Agricole Egypt: 17.5% increase in interest income in 1st half of 2015
Crédit Agricole Egypt reported a 17.5 percent increase in the interest income, which recorded LE1.3 billion in the first half…
Oil’s drop may weigh on Gulf stock markets
August 2, 2015
Oil’s drop may weigh on Gulf stock markets
Gulf stock markets may come under pressure on Sunday after oil prices and global equities fell. Saudi Arabia's Mobily, whose…
INTERVIEW: Over half of El Sheikh summit promises turned into projects, planning minister says
August 2, 2015
INTERVIEW: Over half of El Sheikh summit promises turned into projects, planning minister says
Egypt has turned more than half of initial agreements signed at a March investor conference into investment projects, the planning…
Egypt’s market gains LE12 billion in July
August 1, 2015
Egypt’s market gains LE12 billion in July
Egyptian Exchange closed this month with gains amounting to LE12.3 billion.The capital market hit LE497.4 billion compared to LE485.1 billion…
Egypt expects to import 7.79 mln tonnes of LNG this fiscal year
August 1, 2015
Egypt expects to import 7.79 mln tonnes of LNG this fiscal year
Egypt expects to import 28.6 million tonnes of crude oil, liquefied natural gas (LNG) and other oil products worth a…
Egypt’s market gains LE9.2 bn in week, EGX30 index rises 1.3%
July 31, 2015
Egypt’s market gains LE9.2 bn in week, EGX30 index rises 1.3%
Egypt's stock market has witnessed wins of LE9.2 billion this week, as all indexes increased, Egyptian Exchange data showed. The main…
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…