Economy
Egypt’s Talaat Mostafa first-half profit rises 12%
August 12, 2015
Egypt’s Talaat Mostafa first-half profit rises 12%
Egyptian developer Talaat Mostafa Group Holding Co Sae reported a 12 percent year-on-year rise in first half net profit after…
UPDATE : EFG Hermes second-quarter underlying net up 38%
August 12, 2015
UPDATE : EFG Hermes second-quarter underlying net up 38%
Egypt's EFG Hermes, one of the Middle East's largest investment banks, said underlying net profit rose by more than a…
Egypt’s market gains LE1.6 billion on Tuesday, EGX30 rises 0.7%
August 11, 2015
Egypt’s market gains LE1.6 billion on Tuesday, EGX30 rises 0.7%
Egypt's market closed in the green zone on Tuesday's session, as the benchmark EGX30 index rose 0.68 percent, recording 8,083.18…
Egypt’s Beltone joins NASDAQ Dubai as market maker
August 11, 2015
Egypt’s Beltone joins NASDAQ Dubai as market maker
Beltone Market Maker, a subsidiary of Egypt-based financial services company Beltone Financial , has joined NASDAQ Dubai to provide market-making…
Egyptian pound steady at official auction, exchange bureaux
August 11, 2015
Egyptian pound steady at official auction, exchange bureaux
Egypt's central bank kept the pound steady at 7.73 per dollar at a foreign exchange auction on Tuesday, and the…
Egypt’s market gains LE660 mn on Monday, EGX30 inches up 0.22%
August 10, 2015
Egypt’s market gains LE660 mn on Monday, EGX30 inches up 0.22%
Egypt's market closed in the green zone on Monday's session, as the benchmark EGX30 index inched up 0.22 percent, recording…
Telecom Egypt’s Q2 net profit rises to $48.3 million
August 10, 2015
Telecom Egypt’s Q2 net profit rises to $48.3 million
Telecom Egypt earned a second-quarter profit after tax of 378 million Egyptian pounds ($48.28 million), up 55 percent from 243…
Egypt’s market loses LE5.4 billion on Sunday, EGX30 falls 1.3%
August 9, 2015
Egypt’s market loses LE5.4 billion on Sunday, EGX30 falls 1.3%
Egypt's market closed in the red zone on Sunday's session, as the benchmark EGX30 index fell 1.27 percent, recording 8,011.06 points…
MIDEAST STOCKS: Saudi Arabia falls further on oil; Egypt also slides
August 9, 2015
MIDEAST STOCKS: Saudi Arabia falls further on oil; Egypt also slides
Saudi Arabia's stock market fell in early trade on Thursday, tracking oil prices, and Egypt's market was also soft under…
Egyptian pound steady at official auction, exchange bureaus
August 9, 2015
Egyptian pound steady at official auction, exchange bureaus
Egypt's central bank kept the pound steady at 7.73 per dollar at a foreign exchange auction on Sunday. The currency…