Business
Egypt bourse will not close again -exchange acting head
March 23, 2011
Egypt bourse will not close again -exchange acting head
Egypt's stock exchange, which re-opened on Wednesday after a seven-week closure due to political turmoil, will not close again, the…
Egypt bourse’s broad index closes down 8.95 pct
March 23, 2011
Egypt bourse’s broad index closes down 8.95 pct
The Egyptian stock exchange's broad index .EGX100 closed 8.95 percent lower on Wednesday in the first trading session since January.Many…
Companies hit hard as Egypt’s stock market reopens
March 23, 2011
Companies hit hard as Egypt’s stock market reopens
The stocks of leading Egyptian companies experienced heavy losses Wednesday as trading resumed after a six-week hiatus caused by mass…
Business tycoon accused of monopolizing steel market
March 23, 2011
Business tycoon accused of monopolizing steel market
In two reports he submitted to Attorney General Abdel Meguid Mahmoud, President of the Central Auditing Organization(CAO) Gawdat al-Malt accused…
Egypt reviews natural gas contracts
March 23, 2011
Egypt reviews natural gas contracts
The Egyptian Petroleum Ministry is reviewing natural gas sale contracts in an effort to create a new policy that will…
Egypt’s stock market plunges on reopening
March 23, 2011
Egypt’s stock market plunges on reopening
Shares on Egypt’s stock exchange plunged by about 10 percent within moments of the market’s reopening Wednesday, following a nearly…
Verdict on Saudi Prince’s Toshka land contract due on 26 April
March 22, 2011
Verdict on Saudi Prince’s Toshka land contract due on 26 April
The Administrative Judicial Court will issue its verdict on 16 April on the annullment of the Toshka land contract signed…
Company exporting gas to Israel sees no reason to amend contract with Egypt govt
March 22, 2011
Company exporting gas to Israel sees no reason to amend contract with Egypt govt
A company that exports Egyptian natural gas does not see why its contract with the Egyptian government should be changed…
Company exporting gas to Israel sees no reason to amend contract with Egypt govt
March 22, 2011
Company exporting gas to Israel sees no reason to amend contract with Egypt govt
A company that exports Egyptian natural gas does not see why its contract with the Egyptian government should be changed…
Stock market to open for three hours Wednesday
March 22, 2011
Stock market to open for three hours Wednesday
Stock market transactions will begin Wednesday but will be limited to three hours daily for one week, an official source…