Business

Egypt’s market gains LE1.5 bn on Wednesday, EGX30 inches up 0.13%

Egypt’s market gains LE1.5 bn on Wednesday, EGX30 inches up 0.13%

Egypt's stock market closed in the green zone for the third session in a row, as the benchmark EGX30 index…
Energy demand will rise 50 pct by 2030, UN official says

Energy demand will rise 50 pct by 2030, UN official says

More fertile lands will be needed as the global demand for food, water and energy will increase with population growth,…
Egypt’s budget deficit widens to LE68.3 bn in July-Aug: ministry

Egypt’s budget deficit widens to LE68.3 bn in July-Aug: ministry

Egypt’s overall budget deficit widened to 2.4 percent of the gross domestic product (GDP) reaching LE 68.3 billion for July-August…
Japan export growth slows sharply, raising fears of recession

Japan export growth slows sharply, raising fears of recession

Japan's annual export growth slowed to a crawl in September as shrinking sales to China hurt the volume of shipments,…
Amer Holding Group, Porto Holding to start trading on Egyptian stock exchange on Thursday

Amer Holding Group, Porto Holding to start trading on Egyptian stock exchange on Thursday

The two companies created by the long-mooted demerger of Egyptian real estate company Amer Group will start trading on the…
Rising dollar exchange rate sparks fears in price hike

Rising dollar exchange rate sparks fears in price hike

Ahmed Shiha of the Cairo Chamber of Importers, is expecting commodity prices to rise by at least 10 percent due…
Egyptian central bank holds pound steady; parallel market rate weaker

Egyptian central bank holds pound steady; parallel market rate weaker

The Egyptian central bank held the pound steady at a dollar sale on Tuesday, selling US$37.8 million at a cut-off…
Egypt’s market gains LE4.6 bn on Monday, EGX30 rises 1.1%

Egypt’s market gains LE4.6 bn on Monday, EGX30 rises 1.1%

Egypt's stock market closed in the green zone on Monday, as the benchmark EGX30 index rose 1.11 percent to 7,621.67…
Egypt to delay second international bond issuance: minister

Egypt to delay second international bond issuance: minister

Egypt will delay its second international bond issuance, which was initially planned for November, the finance minister said on the…
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