Business
Investors request extension to stock market closure
February 28, 2011
Investors request extension to stock market closure
The Supreme Council of the Armed Forces (SCAF) is examining demands by several stock market investors that the resumption of…
Centamin Egypt says Sukari mine exports continue
February 28, 2011
Centamin Egypt says Sukari mine exports continue
London--The mineral exploration development and mining company Centamin Egypt said it has received no notice from any Egyptian authorities regarding…
General Motors Egypt to invest $175 million as economy takes stock
February 28, 2011
General Motors Egypt to invest $175 million as economy takes stock
General Motors Egypt announced that it plans to inject the Egyptian market with new investments worth US$175 million.
Egypt bans exporting gold in effort to curb illegal wealth transfers
February 28, 2011
Egypt bans exporting gold in effort to curb illegal wealth transfers
The Minister of Trade and Industry Samir Sayyad banned the export of gold in all its forms from Sunday evening.The…
Egypt to reopen stock market on Tuesday
February 27, 2011
Egypt to reopen stock market on Tuesday
Egypt's stock exchange, closed since 27 January because of the protests that ousted President Hosni Mubarak, has decided to reopen…
Top banking official: Former regime tried to undermine banking sector
February 27, 2011
Top banking official: Former regime tried to undermine banking sector
A prominent banking official said former President Hosni Mubarak’s regime wanted to ruin Egypt's four public banks, that is the…
Officials to set date for resumption of Egyptian stock market trading
February 26, 2011
Officials to set date for resumption of Egyptian stock market trading
Officials from the Egyptian Stock Exchange will meet with officials from the General Authority for Financial Control and Misr for…
New report notes fluctuation in food prices
February 24, 2011
New report notes fluctuation in food prices
A report by the Egyptian federation of chambers of commerce, issued Thursday, said prices of some food commodities have increased…
Egypt bourse to stay shut until Tuesday -agency
February 24, 2011
Egypt bourse to stay shut until Tuesday -agency
Egypt's stock exchange, closed since 27 January because of an uprising that toppled President Hosni Mubarak, will not open before…
EIB says could move fast on loans to Tunisia, Egypt
February 24, 2011
EIB says could move fast on loans to Tunisia, Egypt
Vienna--The European Investment Bank (EIB) could quickly step up loans to Northern African countries such as Tunisia and Egypt if…