Business

Egypt’s market loses LE9.5bn in a week, EGX30 down 2.18%

Egypt’s market loses LE9.5bn in a week, EGX30 down 2.18%

Egypt's market main index EGX30  declined 2.18 percent in a week  recording 9,747.36  points, the Egyptian Exchange data showed.Meanwhile, the…
Apache 2014 4Q production down from 2013, company says

Apache 2014 4Q production down from 2013, company says

The Apache Corporation has released its financial results for 2014 operations, with a statement by the company denoting a drop in…
Egypt’s market gains LE2.08 billion on Thursday, while EGX30 down 0.24%

Egypt’s market gains LE2.08 billion on Thursday, while EGX30 down 0.24%

Egypt's market main index EGX30  declined 0.24 percent Thursday's session recording 9,747.36  points and a turnover of LE 542million, the…
MoF: LE235.5 bn treasury bills issued in 3Q of 2014\15

MoF: LE235.5 bn treasury bills issued in 3Q of 2014\15

The Ministry of Finance issued treasury bills worth of LE235.5 billion during the third quarter of  financial year 2014-2015 (January-March),…
Egyptian pound steady for seventh straight dollar sale

Egyptian pound steady for seventh straight dollar sale

Egypt sold dollars at 7.53 pounds per dollar on Thursday, the seventh central bank auction this month, as the pound…
CORRECTED: Emaar Misr formally requests Egypt bourse listing

CORRECTED: Emaar Misr formally requests Egypt bourse listing

Emaar Misr, the Egyptian arm of Dubai's largest listed real estate developer Emaar Properties , filed a formal request to…
Egypt’s market loses LE5.58 bn on Wednesday, EGX30 down 1.31%

Egypt’s market loses LE5.58 bn on Wednesday, EGX30 down 1.31%

Egypt's market main index EGX30 declined 1.31 percent Wednesday's session recording 9,770.78  points and a turnover of LE 592million, the…
Russian exports to Egypt to be exempted from fees

Russian exports to Egypt to be exempted from fees

Egypt’s Ministry of Trade and Industry has unveiled an agreement with Russia that would exempt it from export fees to Egypt. Minister…
Egyptian pound steady for sixth straight dollar sale

Egyptian pound steady for sixth straight dollar sale

 Egypt sold dollars at 7.53 pounds per dollar on Wednesday for the sixth central bank auction in a row and…
Finance Ministry denies reports on taxing Egyptian exports

Finance Ministry denies reports on taxing Egyptian exports

The Finance Ministry has denied news reports about increasing custom fees on Egyptian potato exports. In a statement on Wednesday, the ministry…
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