Egypt’s stock market

Egypt to allocate 20 bln Egyptian pounds to support bourse
Business

Egypt to allocate 20 bln Egyptian pounds to support bourse

Egypt will allocate 20 billion Egyptian pounds ($1.27 billion) to support the stock exchange, President Abdel Fattah al-Sisi said on…
Egypt court acquits Mubarak’s sons of illicit share trading
Egypt

Egypt court acquits Mubarak’s sons of illicit share trading

Cairo Criminal Court on Saturday acquitted Alaa and Gamal Mubarak of illicit share trading, charges dating back to the sale…
Beltone Financial expects 6.1% growth rate for Egyptian economy in 2020/21
Business

Beltone Financial expects 6.1% growth rate for Egyptian economy in 2020/21

Beltone Financial, one of the largest investment banks in the Middle East and North Africa, expects the Egyptian economy to…
Egyptian Stock market gains LE66.8 bn in first quarter of 2019
Business

Egyptian Stock market gains LE66.8 bn in first quarter of 2019

The Egyptian Stock Exchange gained LE66.8 billion in market capitalization during the first quarter of 2019. The total market value…
Cairo court detains Mubarak’s sons over stock exchange manipulation
Egypt

Cairo court detains Mubarak’s sons over stock exchange manipulation

  The Cairo Criminal Court on Saturday ordered that Alaa and Gamal, sons of former president Hosni Mubarak, be detained…
Egypt stock index climbs 2.0 pct at opening; financials lead
Egypt

Egypt stock index climbs 2.0 pct at opening; financials lead

Egypt's stock market surged in early trade on Sunday, led by financial companies' shares, on hopes that the economy will…
MIDEAST STOCKS: Egypt shares rise, Saudi edges down on petrochemicals
Business

MIDEAST STOCKS: Egypt shares rise, Saudi edges down on petrochemicals

Egypt's stock market rose broadly in early trade on Tuesday while Saudi Arabia was pulled down by petrochemical shares after…
Major Saudi investor in Egypt dies
Business

Major Saudi investor in Egypt dies

Saudi businessman Suleiman Abu Nami, the biggest investor in the Saudi and Egyptian stock exchanges, has died aged 87.Abu Nami…
Stock market rises 3.2 percent amid calmer political atmosphere
Business

Stock market rises 3.2 percent amid calmer political atmosphere

The stock market fared well on Tuesday, prodded by the relatively calmer political atmosphere brought about by the issuing of…
Egypt stock market halts trading after LE14.4-billion gains
Egypt

Egypt stock market halts trading after LE14.4-billion gains

The Egyptian stock market stopped trading for half an hour at the beginning of Thursday's session after stocks hit the…
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