Economy

Egypt’s market gains LE1.4 billion on Thursday, EGX30 up 0.24 %

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

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

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 %

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%

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

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

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

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…
Traders: Higher price of US dollars, Syrian war behind Ramadan price hikes

Traders: Higher price of US dollars, Syrian war behind Ramadan price hikes

With Ramadan at our doorstep, sacks of dates have appeared in Al-Sayyeda Zeinab market, each carrying a different name and…
Minister: Amlak fund not to be managed by govt

Minister: Amlak fund not to be managed by govt

Planning, Follow-up and Administrative Reform Minister Ashraf al-Araby has announced that the Amlak investment fund will not be managed by the…
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