Business
Egypt’s market gains LE7.4 billion on Tuesday, EGX30 rises 2.45 %
April 7, 2015
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
April 7, 2015
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
April 7, 2015
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
April 7, 2015
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
April 7, 2015
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
April 6, 2015
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 %
April 6, 2015
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
April 6, 2015
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
April 6, 2015
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 %
April 5, 2015
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…