Business
Egypt’s market gains LE1.8 bn on Sunday, EGX30 rises 0.61 %
September 13, 2015
Egypt’s market gains LE1.8 bn on Sunday, EGX30 rises 0.61 %
Egypt's stock market closed on the green zone on Sunday session, as the benchmark EGX30 index rose 0.61 percent to…
Governor of CBE: Ending parallel market has positive impact on Egypt’s economy
September 13, 2015
Governor of CBE: Ending parallel market has positive impact on Egypt’s economy
Governor of the Central Bank of Egypt (CBE) Hisham Ramez said on Sunday Egypt's economic reforms improved investors' confidence especially…
German economic delegation visits Egypt to enhance joint cooperation
September 13, 2015
German economic delegation visits Egypt to enhance joint cooperation
German economic delegation, under former German transport minister Peter Ramzawr, is currently visiting Egypt for five days. The delegation discussed with…
Egypt pound steady at dollar sale, weaker at exchange bureaus
September 13, 2015
Egypt pound steady at dollar sale, weaker at exchange bureaus
Egypt's central bank kept the pound steady at a dollar sale on Sunday, selling $37.8 million at a cut-off price…
World on edge as Fed weighs rate increase
September 13, 2015
World on edge as Fed weighs rate increase
The possibility that the Federal Reserve could raise interest rates for the first time in over nine years this week…
IMF chief urges Africa to spend responsibly
September 12, 2015
IMF chief urges Africa to spend responsibly
IMF chief Christine Lagarde urged African governments to spend responsibly as she visited Liberia on Friday, a week after it…
Low oil prices to hit non-OPEC output, boost demand in 2016: IEA
September 11, 2015
Low oil prices to hit non-OPEC output, boost demand in 2016: IEA
Low crude oil prices will lead to a pick up in demand and next year may cause the biggest drop…
Oil falls as Saudi rejects producer summit; Goldman cuts forecast
September 11, 2015
Oil falls as Saudi rejects producer summit; Goldman cuts forecast
Crude oil prices fell on Friday as a stronger dollar, Saudi Arabia's dismissal of a producer summit and a lower…
Egypt’s market loses LE9.3 bn in a week, EGX30 index drops 3.5%
September 11, 2015
Egypt’s market loses LE9.3 bn in a week, EGX30 index drops 3.5%
Egypt's stock market has witnessed losses of LE9.3 billion (US$1.2 billion) this week, as all indexes dropped, Egyptian Exchange data…
Egypt market gains LE960 mn Thursday, EGX30 inches down 0.2 %
September 10, 2015
Egypt market gains LE960 mn Thursday, EGX30 inches down 0.2 %
Egypt's stock market closed in the red zone on Thursday, as the benchmark EGX30 index inched down 0.15 percent to…