Business

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…
Study: Islamic banks grow but may miss out on global footprint

Study: Islamic banks grow but may miss out on global footprint

Islamic banking is growing faster than its conventional counterpart but is focused in a few core markets and risks missing…
Gulf markets stabilize after panic sell-off, while Egypt down

Gulf markets stabilize after panic sell-off, while Egypt down

Gulf stock markets steadied and some rebounded on Monday after tumbling a day earlier in response to a plunge in…
Back to top button