Business
Egyptian Exchange says to approve 10 listings by end-year
October 21, 2014
Egyptian Exchange says to approve 10 listings by end-year
The Egyptian Exchange expects to have approved the listings of 10 companies by the end of this year as confidence…
Egypt planning minister calls for legal review, ‘economic revolution’
October 21, 2014
Egypt planning minister calls for legal review, ‘economic revolution’
Egypt needs an "economic revolution" to recover from damage caused by political instability as it seeks to attract billions of…
Minister: Agreement on free trade between Egypt and EEC to be discussed in Astana
October 20, 2014
Minister: Agreement on free trade between Egypt and EEC to be discussed in Astana
Egypt’s Minister of Trade and Industry Fakhry Abdel Nour on Monday announced the possibility of signing an agreement on free…
EGX30 ends Monday on green, up 0.13% gaining LE1.1 billion
October 20, 2014
EGX30 ends Monday on green, up 0.13% gaining LE1.1 billion
The Egyptian stock exchange rebounded backed by buying activities that occurred in Monday’s session. The benchmark index EGX30 rose a sight…
Egyptian developer SODIC to invest US$336 mn in 2015, sees property boom
October 20, 2014
Egyptian developer SODIC to invest US$336 mn in 2015, sees property boom
SODIC, one of Egypt's largest listed real estate developers, plans to invest LE2.4 billion (US$336 million) in 2015 and is…
Ministry: Egypt set three conditions for Israeli gas import
October 20, 2014
Ministry: Egypt set three conditions for Israeli gas import
Egypt set three conditions to allow the import of Israeli gas: officials must receive permission from state and the gas…
Global Telecom sells its operations in Burundi and Central African Republic
October 20, 2014
Global Telecom sells its operations in Burundi and Central African Republic
Egyptian Global Telecom Holding (GTH), the company previously known as Orascom, has sold its entire 100 percent stake in Telecel…
WB expert lauds Egypt’s economic reforms
October 20, 2014
WB expert lauds Egypt’s economic reforms
A senior expert at the World Bank has said that the world organization is not concerned with the absence of…
Moody’s changes Egypt’s outlook to stable from negative, on political stability, improved growth
October 20, 2014
Moody’s changes Egypt’s outlook to stable from negative, on political stability, improved growth
Moody's Investors Service has changed Egypt's outlook to stable from negative and affirmed its Caa1 government bond rating. "The outlook change…
Egypt’s shares lose LE2.1 billion, EGX30 falls by 0.81 percent
October 19, 2014
Egypt’s shares lose LE2.1 billion, EGX30 falls by 0.81 percent
The Egyptian stock exchange main index EGX30 began on a strong positive note yet failed to sustain its positive performance…