Egyptian stock exchange
Orascom buyout battle scars stock market
Business
March 14, 2013
Orascom buyout battle scars stock market
A regulatory battle over an offer to buy out shareholders in Orascom Construction Industries may inflict damage on the Egyptian…
Stock exchange sees capital market losses worth LE4.3 billion
Business
March 13, 2013
Stock exchange sees capital market losses worth LE4.3 billion
The Egyptian Stock Exchange’s EGX30 index fell 1.61 percent, or 5.17 points, on Wednesday as unrest continues to plague the…
Market falters for second day, loses LE5.2 billion
Business
March 5, 2013
Market falters for second day, loses LE5.2 billion
The main index of the Egyptian stock market fell 2.49 percent Tuesday, the second consecutive day of heavy losses for…
EGX shares market value falls LE700 million
Business
February 28, 2013
EGX shares market value falls LE700 million
Shares were down overall by the end of trading Thursday on the Egyptian Stock Exchange. The EGX30, the exchange’s main…
New tax casts gloom over stock exchange
Business
February 27, 2013
New tax casts gloom over stock exchange
The EGX30, the Egyptian Stock Exchange's main index, fell 0.55 points Wednesday, continuing its downward spiral that began last week.…
Egyptian stock market falls 0.03 %
Business
February 26, 2013
Egyptian stock market falls 0.03 %
The EGX30, the Egyptian Stock Exchange's benchmark index, fell 0.03 percent Tuesday, signaling a possible slowdown since it began reporting…
Sawiris’ OCI looks to move outside Egypt, and its stocks may follow
Business
January 20, 2013
Sawiris’ OCI looks to move outside Egypt, and its stocks may follow
Orascom and a group of American investors, among them Microsoft giant Bill Gates, have set into motion a transaction set…
Stock market ends on high note amid increased investor optimism
Business
December 20, 2012
Stock market ends on high note amid increased investor optimism
The Egyptian Stock Exchange rose on Thursday after the announcement of positive news related to the economy. This, combined with…
Stock market falls again after constitutional referendum rejection
Business
December 10, 2012
Stock market falls again after constitutional referendum rejection
The Egyptian stock exchange dropped Monday after gaining Sunday, as a main opposition coalition rejected President Mohamed Morsy’s plan to…