Stock Exchange
Islamists look to shake up Egypt stock exchange
Business
January 19, 2012
Islamists look to shake up Egypt stock exchange
Last month, Mahmoud Abbas, a member of the Salafi-led Nour Party, addressed newly elected members of Egypt's lower house of…
Egypt stock exchange: Beltone chairman to sell stake
Business
January 18, 2012
Egypt stock exchange: Beltone chairman to sell stake
The chairman of Beltone Financial has agreed to sell his 20-percent stake in the Egyptian investment bank to Arabiyya Lel…
Telecom Egypt plans dividend on deferred profits
Business
January 17, 2012
Telecom Egypt plans dividend on deferred profits
Landline monopoly Telecom Egypt plans to issue a dividend of 30 piasters per share on deferred profits, the company said…
Fitch downgrades Egypt credit rating over security, political conditions
Business
December 31, 2011
Fitch downgrades Egypt credit rating over security, political conditions
Fitch Ratings dropped Egypt’s credit rating by one notch to BB, which reflects the substantial and continuous erosion of Egypt's…
Egyptian stock exchange suffers fifth worse loss on record
Business
September 28, 2011
Egyptian stock exchange suffers fifth worse loss on record
The Egyptian stock exchange on Wednesday lost more than LE10 billion, the fifth biggest one-day loss in the country's history.
Orascom Development head appeals conviction
Egypt
August 29, 2011
Orascom Development head appeals conviction
Real estate and hotel developer Orascom Development Holding says it is appealing its executive chairman's conviction on charges of violating…
Capital Market Authority chairman grilled over corrupt stock exchange dealings
Egypt
July 31, 2011
Capital Market Authority chairman grilled over corrupt stock exchange dealings
The Illicit Gains Authority (IGA) started investigations on Sunday into Ahmed Saad Abdel Latif, former chairman of the Capital Market…
Egyptian stocks slip on non-Arab selling
Business
July 21, 2011
Egyptian stocks slip on non-Arab selling
For the third day in a row, Egypt's main index was in the red on Thursday on non-Arab selling, traders…
Egypt’s benchmark stock index drops on fears over new unrest
Business
July 17, 2011
Egypt’s benchmark stock index drops on fears over new unrest
Egypt’s benchmark stock index extended its decline for a third consecutive day on Tuesday, pulled lower by an escalation of…
Egypt’s shares rise most since May as military cedes to protesters’ demands
Business
July 13, 2011
Egypt’s shares rise most since May as military cedes to protesters’ demands
Egyptian shares rallied the most in seven weeks after the government moved to appease demonstrators in several cities and former…