Business

Egypt’s stock market gains LE4.5 billion on Thursday, EGX30 up 1.65%

Egypt’s stock market gains LE4.5 billion on Thursday, EGX30 up 1.65%

The Egyptian stock exchange closed Thursday on a positive note for the second consecutive session with a turnover of LE911…
Egypt’s Suez Canal revenue at $482.3 million in October

Egypt’s Suez Canal revenue at $482.3 million in October

Revenues from Egypt's Suez Canal reached $482.3 million at the end of October, up from $469.7 million in September, the…
Egyptian pound steady at official auction, stronger on black market

Egyptian pound steady at official auction, stronger on black market

Egypt's pound held steady at a central bank dollar sale on Thursday but strengthened on the unofficial market.The bank offered…
HSBC: Growth in Egyptian business activity almost stalls in Nov

HSBC: Growth in Egyptian business activity almost stalls in Nov

 Business activity in Egypt expanded in November for a fourth month but growth slowed almost to a standstill, a survey…
Egyptian pound steady at official auction, weakens on black market

Egyptian pound steady at official auction, weakens on black market

Egypt's pound held steady at a central bank dollar sale on Wednesday but weakened on the unofficial market.The bank offered…
Egypt’s stock market gains LE3.8 billion on Wednesday, EGX30 up 1.28%

Egypt’s stock market gains LE3.8 billion on Wednesday, EGX30 up 1.28%

The Egyptian stock exchange on Wednesday closed on a positive note backed by foreign and local institutions' buying appetite that…
Cultivated wheat rate reaches 2.5 million feddans: Minister

Cultivated wheat rate reaches 2.5 million feddans: Minister

Egypt is now cultivating 2,463,688 acres of wheat nationwide, says Agriculture and Land Reclamation Minister Adel al-Beltagy. The governorate of Sharqiya…
Saudi stocks rebouned, while Egypt market down

Saudi stocks rebouned, while Egypt market down

Petrochemicals stocks led gains on Saudi Arabia's bourse as an overnight rebound in oil prices spurred the kingdom's investors to…
Abdel Nour in Ethiopia for Africa trade zone talks

Abdel Nour in Ethiopia for Africa trade zone talks

Egypt’s trade minister is flying to the Ethiopian capital on Tuesday for a meeting by the African Union’s trade ministers…
Egypt-Belarus plan joint tractors plant

Egypt-Belarus plan joint tractors plant

Egypt’s Arab Organization for Industrialization and a Belarusian company are close to the establishment of a joint tractors’ factory, according…
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