Business
Egypt, Sudan wrap up first round of talks on cross-border trade
January 13, 2015
Egypt, Sudan wrap up first round of talks on cross-border trade
Egyptian and Sudanese officials ended on Monday in Cairo their first consultative meeting on the facilitation of cross-border trade among…
Egypt’s market gains $1.06 billion on Tuesday, EGX30 raises 2.19%
January 13, 2015
Egypt’s market gains $1.06 billion on Tuesday, EGX30 raises 2.19%
Egypt's market maintained its positive performance in Tuesday's session with the EGX30 Index gaining 2.19 percent to record at 9,308.98…
Middle East’s Integrated Diagnostics plans UK listing
January 13, 2015
Middle East’s Integrated Diagnostics plans UK listing
Integrated Diagnostics Holdings (IDH), a healthcare diagnostics service provider with operations in Egypt, Jordan and Sudan, has announced plans to…
Egypt bourse to allow trading in ETFs from Jan. 14
January 12, 2015
Egypt bourse to allow trading in ETFs from Jan. 14
Egypt's stock exchange will allow trading in Exchange Traded Funds (ETFs) for the first time on Wednesday, as part of…
Economic committee to discuss investment draft law Wednesday
January 12, 2015
Economic committee to discuss investment draft law Wednesday
The economic committee of the Legislative Reform Committee will hold a meeting Wednesday to discuss the unified investment draft law…
Egypt’s market gains LE5.2 billion on Monday, EGX30 rises 2.2%
January 12, 2015
Egypt’s market gains LE5.2 billion on Monday, EGX30 rises 2.2%
Egypt's market improved in Monday’s session backed by local and foreign institutions' buying appetite that reached LE36.62 million and LE27.81…
Egyptian pound steady on official market, strengthens on black market
January 12, 2015
Egyptian pound steady on official market, strengthens on black market
The Egyptian pound was unchanged at a central bank dollar sale on Monday and strengthened on the black market.The bank…
Egypt’s Sisi scores early success with smart cards for bread subsidies
January 12, 2015
Egypt’s Sisi scores early success with smart cards for bread subsidies
The successful roll-out so far of a new "smart card" system to distribute subsidised bread has been a major achievement…
Egypt central bank sells $971.3 mln in one-year T-bills
January 12, 2015
Egypt central bank sells $971.3 mln in one-year T-bills
Egypt's central bank said it sold $971.3 million in one-year treasury bills at an average yield of 2.125 percent at…
Egypt’s gross domestic debt rose to LE1.84 trillion in September 2014
January 12, 2015
Egypt’s gross domestic debt rose to LE1.84 trillion in September 2014
Egypt’s gross domestic debt rose to LE1.84 trillion in September 2014 from LE1.82 trillion in June, according to data posted…