Business
Report: Egypt’s benchmark index rises by 2.33 percent in first quarter of 2015
April 1, 2015
Report: Egypt’s benchmark index rises by 2.33 percent in first quarter of 2015
The overall market capital of Egypt's stock market rose by 1.2 percent in the first quarter of 2015 reaching 506.2…
Egyptian pound steady on official and black market
April 1, 2015
Egyptian pound steady on official and black market
Egypt's central bank kept the pound steady at LE7.53 to the dollar at a foreign exchange auction on Wednesday, and…
Gas shortage halts operations in fertilizer, iron plants
April 1, 2015
Gas shortage halts operations in fertilizer, iron plants
The majority of reinforcing steel and fertilizer plants in Egypt have halted operations as a natural gas shortage hits the…
Egypt’s market gains LE1.02 billion on Tuesday, EGX30 inches up 0.17 %
March 31, 2015
Egypt’s market gains LE1.02 billion on Tuesday, EGX30 inches up 0.17 %
Egypt's main stock market index EGX30 inched up by 0.17 percent on Tuesday's session, reaching the record 9,134.78 points with…
Egypt’s Edita says public offering 4.5 times oversubscribed
March 31, 2015
Egypt’s Edita says public offering 4.5 times oversubscribed
The public tranche of Egyptian foodmaker Edita's secondary share issue on the Cairo bourse was 4.5 times oversubscribed, the company…
Egypt to host signing of African free trade agreement in June
March 31, 2015
Egypt to host signing of African free trade agreement in June
Egypt is discussing with its African partners the preparations for the conference it will host for the signing of an…
Cancelled tax increases revenues by 20%
March 31, 2015
Cancelled tax increases revenues by 20%
New data coming from the Egyptian Tax Authority shows that a recently-cancelled tax had raised tax revenues by 20 percent. The…
Q and A: What is the COMESA?
March 31, 2015
Q and A: What is the COMESA?
With the kickoff of the 18th Common Market for Eastern and Southern Africa (COMESA) heads of state summit on Monday, Aswat…
Survey: Middle East funds moving to cash as risks rise but managers still clearly bullish on Egypt
March 31, 2015
Survey: Middle East funds moving to cash as risks rise but managers still clearly bullish on Egypt
Middle East fund managers may move further into cash as economic and geopolitical risks in the region rise, a monthly…
Petroleum Ministry signs project agreement to produce gasoline, butane gas
March 31, 2015
Petroleum Ministry signs project agreement to produce gasoline, butane gas
The Petroleum Ministry has signed a contract with the French company Axens, in order to establish an industrial complex producing…