Business

Stock market earns LE600 million on Sunday

Stock market earns LE600 million on Sunday

Stock indices on the first trading session of the week were in the green zone.
Automotive information center: Vehicle sales up 2% from last year

Automotive information center: Vehicle sales up 2% from last year

 The Automotive Marketing Information Center (AMIC) said vehicle sales in the first seven months of 2013 reached 112,000 cars, up…
One million butane gas cylinders pumped in market

One million butane gas cylinders pumped in market

Petrogas chief Hussein abdel Fattah said the petroleum gas company was able to cover the local needs of butane gas…
BP Egypt announces new gas finding north of Damietta

BP Egypt announces new gas finding north of Damietta

British Petroleum Egypt announced the discovery of a natural gas finding in the Salamat oil field east of the Delta. A…
Arab stock markets continue dip for third day

Arab stock markets continue dip for third day

Arab stock market indices ended the week’s trading sessions in the red zone, with losses for the third day in…
Making the most of Gulf aid to Egypt

Making the most of Gulf aid to Egypt

We may not like it, but Egypt desperately needs Gulf money.So why not change the way the Gulf lends money to Egypt…
Stock market surpasses expectations and earns LE900 million

Stock market surpasses expectations and earns LE900 million

Stock indices rose on Thursday in the last trading session of the week, surpassing the predicted negative effects of an…
Foreign cash reserve rises by $36 million

Foreign cash reserve rises by $36 million

Net foreign reserves at the Central Bank of Egypt went up by $36 million, reaching $18.916 billion at the end…
Qatar to suspend bond transferals from Egyptian bank

Qatar to suspend bond transferals from Egyptian bank

 The Qatari government notified the Egyptian government on Monday of its decision to indefinitely suspend bond transfers from the Central…
Stock market loses LE700 million on Wednesday

Stock market loses LE700 million on Wednesday

The stock market in Cairo closed on Wednesday at LE351.4 billion, totaling a loss of market capital at some LE700 million. Total…
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