Business
Middle East’s Integrated Diagnostics plans UK listing
January 13, 2015
Middle East’s Integrated Diagnostics plans UK listing
Integrated Diagnostics Holdings (IDH), a healthcare diagnostics service provider with operations in Egypt, Jordan and Sudan, has announced plans to…
Egypt bourse to allow trading in ETFs from Jan. 14
January 12, 2015
Egypt bourse to allow trading in ETFs from Jan. 14
Egypt's stock exchange will allow trading in Exchange Traded Funds (ETFs) for the first time on Wednesday, as part of…
Economic committee to discuss investment draft law Wednesday
January 12, 2015
Economic committee to discuss investment draft law Wednesday
The economic committee of the Legislative Reform Committee will hold a meeting Wednesday to discuss the unified investment draft law…
Egypt’s market gains LE5.2 billion on Monday, EGX30 rises 2.2%
January 12, 2015
Egypt’s market gains LE5.2 billion on Monday, EGX30 rises 2.2%
Egypt's market improved in Monday’s session backed by local and foreign institutions' buying appetite that reached LE36.62 million and LE27.81…
Egyptian pound steady on official market, strengthens on black market
January 12, 2015
Egyptian pound steady on official market, strengthens on black market
The Egyptian pound was unchanged at a central bank dollar sale on Monday and strengthened on the black market.The bank…
Egypt’s Sisi scores early success with smart cards for bread subsidies
January 12, 2015
Egypt’s Sisi scores early success with smart cards for bread subsidies
The successful roll-out so far of a new "smart card" system to distribute subsidised bread has been a major achievement…
Egypt central bank sells $971.3 mln in one-year T-bills
January 12, 2015
Egypt central bank sells $971.3 mln in one-year T-bills
Egypt's central bank said it sold $971.3 million in one-year treasury bills at an average yield of 2.125 percent at…
Egypt’s gross domestic debt rose to LE1.84 trillion in September 2014
January 12, 2015
Egypt’s gross domestic debt rose to LE1.84 trillion in September 2014
Egypt’s gross domestic debt rose to LE1.84 trillion in September 2014 from LE1.82 trillion in June, according to data posted…
CBE : Egyptian banks’ credit reach to LE2.3 trillion during July/ Oct 2014/15
January 12, 2015
CBE : Egyptian banks’ credit reach to LE2.3 trillion during July/ Oct 2014/15
Egyptian Banks’ credit balances moved up by LE 27.9 billion or 4.7% to reach LE2.29 trillion during July/Oct . 2014/2015,…
Egypt’s Bisco Misr shareholders agree to sell $125 mln worth of shares to Kellogg, bidding ends
January 11, 2015
Egypt’s Bisco Misr shareholders agree to sell $125 mln worth of shares to Kellogg, bidding ends
Shareholders controlling 86 percent of shares in Egyptian biscuitmaker Bisco Misr agreed to sell their shares to U.S. firm Kellogg…