EGX 30

Stock exchange closes down US$1.6 billion
Business

Stock exchange closes down US$1.6 billion

The Egyptian stock exchange fell sharply at the close of trading Sunday, losing about LE10 billion (US$1.6 billion), the largest…
Stock market rises Tuesday
Business

Stock market rises Tuesday

Egyptian stock market indices gained on Tuesday morning, encouraged by optimism following the announcement of the results from the presidential…
Stock market rises on Morsy victory
Business

Stock market rises on Morsy victory

The stock market rose considerably on Monday, driven up by positive reactions to Muslim Brotherhood candidate Mohamed Morsy's election to…
Fluctuating stock market closes on slight rise
Business

Fluctuating stock market closes on slight rise

Stock exchange trading fluctuated significantly Thursday due to sales by Egyptian and foreign investors, but stabilized by the end of…
Foreign Ministry calls on Egyptians abroad to contribute to national economy
Business

Foreign Ministry calls on Egyptians abroad to contribute to national economy

The Foreign Ministry on Wednesday called on Egyptians living abroad to donate to the national economy via two accounts at…
Labor protests prompt CBE to close banks
Business

Labor protests prompt CBE to close banks

The Central Bank of Egypt (CBE) decided to close Egyptian and international banks on Wednesday and Thursday due to a…
Egyptian stock exchange to reopen Sunday
Business

Egyptian stock exchange to reopen Sunday

The Egyptian stock market (EGX 30) administration will reopen at the start of next week, rather than on Wednesday as…
EGX30 up 1%
Business

EGX30 up 1%

Egypt's main index, EGX30, rose by 1 percent after intensive buying by local and Arab investors, while foreigners largely sold…
Stock market sees slight decline Tuesday
Business

Stock market sees slight decline Tuesday

The Egyptian stock exchange witnessed a slight decline Tuesday due to a bout of profit-taking among Egyptian investors. The decline…
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