Business
Investors demand Egyptian Exchange chairman’s removal
March 29, 2015
Investors demand Egyptian Exchange chairman’s removal
A number of investors in the Egyptian stock market protested Sunday outside the Egyptian Exchange building in Downtown Cairo, amid…
Egypt’s Edita sets share price at 18.50 Egyptian pounds
March 27, 2015
Egypt’s Edita sets share price at 18.50 Egyptian pounds
Egyptian foodmaker Edita set the price of a secondary share issue on the Cairo bourse at 18.50 Egyptian pounds per…
Gulf markets end well off lows after panic over Yemen
March 26, 2015
Gulf markets end well off lows after panic over Yemen
Most Middle East stock markets fell on Thursday after Saudi Arabia and its allies in the region launched air strikes…
Egypt’s Amer begins construction of Jordan resort
March 26, 2015
Egypt’s Amer begins construction of Jordan resort
Egyptian real estate company Amer Group said on Thursday it had begun the construction of a 150 million dinar ($211…
Egypt’s market loses LE3.8 billion on Thursday, EGX30 drops 1.6 %
March 26, 2015
Egypt’s market loses LE3.8 billion on Thursday, EGX30 drops 1.6 %
Egypt's market main index EGX30 dropped by 1.59 percent on Thursday's session to record 9,052.50 points with a total turnover…
Business tycoon welcomes planned Egyptian-Ethiopian industrial zone
March 26, 2015
Business tycoon welcomes planned Egyptian-Ethiopian industrial zone
A major Egyptian electric industries tycoon has welcomed the plans by Egypt and Ethiopia to discuss a common industrial zone,…
Egyptian pound unchanged on official, parallel markets
March 26, 2015
Egyptian pound unchanged on official, parallel markets
Egypt's central bank kept the pound steady at LE7.53 to the dollar at a foreign exchange auction on Thursday, and…
Al-Shourouk: fuel smart cards postponed until next fiscal year
March 26, 2015
Al-Shourouk: fuel smart cards postponed until next fiscal year
The government intends to postpone the introduction of fuel smart cards until the first quarter of the next fiscal year,…
Egypt’s Arab Investment Bank and IDB unit launch leasing firm
March 26, 2015
Egypt’s Arab Investment Bank and IDB unit launch leasing firm
Egypt's Arab Investment Bank and the private sector arm of the Islamic Development Bank will launch an Islamic leasing firm…
Thailand’s PTT keen to sell stake in Egypt gas pipeline business
March 26, 2015
Thailand’s PTT keen to sell stake in Egypt gas pipeline business
Thailand's largest energy firm PTT PCL is keen to sell a 25 percent stake in Egyptian gas pipeline company East…