Economy
Egyptian pound steady at dollar sale, weaker at parallel market
November 3, 2015
Egyptian pound steady at dollar sale, weaker at parallel market
The Egyptian pound was stable at a dollar sale on Tuesday, as the central bank sold $37.8 million at a…
Egypt’s Suez Cement reports Q3 net loss
November 3, 2015
Egypt’s Suez Cement reports Q3 net loss
Egypt's Suez Cement, the country's largest listed cement maker by market value, said it made a net loss of LE50…
Cabinet officials meet with traders over price hikes
November 3, 2015
Cabinet officials meet with traders over price hikes
Supply and Internal Trade Ministry and Finance Ministry officials held meetings with representatives of commercial chains and the head of…
UK export growth hits six-year low: British Chambers of Commerce
November 3, 2015
UK export growth hits six-year low: British Chambers of Commerce
British exporters experienced the weakest growth in orders since the depths of the financial crisis in the three months to…
MIDEAST STOCKS: Weak PMI data may weigh on Gulf, Egypt
November 3, 2015
MIDEAST STOCKS: Weak PMI data may weigh on Gulf, Egypt
Weak economic data from Saudi Arabia and the United Arab Emirates may restrain Gulf stock markets from any major rises…
Egypt’s market gains LE520 mn on Monday, EGX30 inches up 0.3%
November 2, 2015
Egypt’s market gains LE520 mn on Monday, EGX30 inches up 0.3%
Egypt's stock market closed in the green zone on Monday, as the benchmark EGX30 index inched up 0.29 percent to…
Egypt to obtain $1.5 bn in international loans in 2 months
November 2, 2015
Egypt to obtain $1.5 bn in international loans in 2 months
International Cooperation Minister Sahar Nasr briefed Prime Minister Sherif Ismail on Sunday on the results of her negotiations with the…
Egypt’s Banque Misr to complete $250 mn 3-yr loan in December: chairman
November 2, 2015
Egypt’s Banque Misr to complete $250 mn 3-yr loan in December: chairman
Banque Misr expects to complete procedures to obtain a US$250 million loan of three years duration in December, using it…
Asian stocks, dollar retreat on weak Chinese manufacturing data
November 2, 2015
Asian stocks, dollar retreat on weak Chinese manufacturing data
Asian stocks dipped in early trade on Monday, while the dollar retreated against most regional currencies as a weak reading…
Egypt’s market loses LE4.7 bn on Sunday, EGX30 declines 1.3%
November 1, 2015
Egypt’s market loses LE4.7 bn on Sunday, EGX30 declines 1.3%
Egypt's stock market closed in the red zone on Sunday, as the benchmark EGX30 index declined 1.26 percent to 7,413…