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Egypt’s market gains LE7.4 billion on Tuesday, EGX30 rises 2.45 %

Egypt’s market gains LE7.4 billion on Tuesday, EGX30 rises 2.45 %

Egypt's market recovered on Tuesday's session in, with benchmark index EGX30 increasing 2.45 percent, reaching 8,716.37 points and a LE409.4…
EETC and JICA sign contract to expand Al-Zeit power transformers station

EETC and JICA sign contract to expand Al-Zeit power transformers station

Ahmed al-Hanafy, head of the Egyptian Electricity Transmission Company, declared on Tuesday that a contract had been signed to expand…
EGX to list 3 petroleum companies with total capital of LE8.5 bn

EGX to list 3 petroleum companies with total capital of LE8.5 bn

The Egyptian Exchange (EGX) is coordinating with three new companies belonging to the petroleum sector to become listed on the…
Mobile phone operators accuse TE Data of stealing customers

Mobile phone operators accuse TE Data of stealing customers

Egypt’s three mobile phone service operators have accused the country’s sole landline phone operator, Telecom Egypt, of causing them to lose their…
Oil prices fall; Iran, China to discuss supplies

Oil prices fall; Iran, China to discuss supplies

Brent crude prices fell almost US$1 a barrel on Tuesday, with an Iranian delegation in Beijing this week to push…
Emaar’s Egypt unit signals chairman role change ahead of float

Emaar’s Egypt unit signals chairman role change ahead of float

Emaar Misr, the Egyptian unit of Dubai developer Emaar Properties, said on Monday investors would vote later this month on…
Egypt’s market loses LE7.4 billion on Monday, EGX30 falls 1.2 %

Egypt’s market loses LE7.4 billion on Monday, EGX30 falls 1.2 %

Egypt's market incurred heavy losses on Monday for the third session in a raw, with benchmark index EGX30 dropping 1.16…
Egyptian pound steady on official, black markets

Egyptian pound steady on official, black markets

Egypt's central bank kept the pound steady at LE7.53 to the dollar at a foreign exchange auction on Monday, and…
Oil up more than US$1 after Saudi’s Asia price hike

Oil up more than US$1 after Saudi’s Asia price hike

Oil futures climbed more than US$1 a barrel on Monday, after Saudi Arabia raised prices for crude sales to Asia…
Egypt’s market loses LE6.45 billion on Sunday, EGX30 drops 3.2 %

Egypt’s market loses LE6.45 billion on Sunday, EGX30 drops 3.2 %

Egypt's market incurred heavy losses on Sunday for the second session in a raw, with benchmark index EGX30 dropping 3.19…
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