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Egypt’s market loses LE760 million on Tuesday, EGX30 inches down 0.1 %

Egypt’s market loses LE760 million on Tuesday, EGX30 inches down 0.1 %

Egypt's market main index EGX30 inched down by 0.07 percent on Tuesday's session to record 9,367.54 points with a total…
Experts cautiously optimistic about new Egyptian capital

Experts cautiously optimistic about new Egyptian capital

Experts voiced cautious optimism for Egypt’s plans to erect a US$45 billion new capital between Cairo and the Suez Canal,…
Banks ready to automate salaries of 7 mn govt employees by July

Banks ready to automate salaries of 7 mn govt employees by July

Misr Bank President Mohamed al-Itriby said on Monday that local banks are ready to automate the salaries of seven million…
Egyptian pound steady on official market, stronger on black market

Egyptian pound steady on official market, stronger on black market

Egypt's central bank kept the pound steady at 7.53 pounds to the dollar at a foreign exchange auction on Monday,…
Egypt’s market loses LE300 million on Monday, while EGX30 inches up 0.21 %

Egypt’s market loses LE300 million on Monday, while EGX30 inches up 0.21 %

Egypt's market main index EGX30 inched up by 0.21 percent on Monday's session to record 9,374.12 points with a total…
Gold miner Centamin declares higher dividend, shares rise

Gold miner Centamin declares higher dividend, shares rise

Gold miner Centamin Plc reported a disappointing 29 percent fall in full-year core profit, but declared a higher-than-expected dividend which…
CEO: National Bank of Egypt to issue dollar bond by end of June

CEO: National Bank of Egypt to issue dollar bond by end of June

The National Bank of Egypt will issue a dollar-denominated bond on international debt markets by the end of June, in…
Finance Ministry: Concessions, toughened penalties in new customs law

Finance Ministry: Concessions, toughened penalties in new customs law

Finance Minister Hani Qadri Dimian has said that proposed amendments to the current customs law would involve concessions, as well…
Egyptian pound steady on official market, weaker on black market

Egyptian pound steady on official market, weaker on black market

Egypt's central bank kept the pound steady at 7.53 pounds to the dollar at a foreign exchange auction on Sunday,…
Egyptian industrial zone allocated for investors outside Addis Ababa

Egyptian industrial zone allocated for investors outside Addis Ababa

Trade and Industry Minister Mounir Fakhry Abdel Nour declared the allocation of an Egyptian industrial zone just outside Addis Ababa,…
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