Stock Exchange

Egypt’s shares plunge on fourth day of sit-ins
Business

Egypt’s shares plunge on fourth day of sit-ins

Egypt's benchmark stock index dropped almost 3 percent Monday, dragged down by concerns of mounting unrest in the Arab world's…
Leftist groups reject cancellation of capital gains tax
Business

Leftist groups reject cancellation of capital gains tax

Left-wing groups on Sunday rejected the finance minister's decision to cancel a tax on capital gains in trading on the…
Land deal gives a boost to Egypt’s property stocks
Business

Land deal gives a boost to Egypt’s property stocks

Egyptian real estate stocks will get some support next week after billionaire Prince Alwaleed bin Talal signed a deal with…
Finance Ministry to consider imposing hot money tax
Business

Finance Ministry to consider imposing hot money tax

The Egyptian Tax Authority (ETA) is considering imposing a hot money tax on the stock exchange to protect investment flow,…
Alaa Mubarak made LE30 million fortune in a week
Egypt

Alaa Mubarak made LE30 million fortune in a week

Investigations by the Illicit Gains Authority (IGA) into the wealth of deposed President Hosni Mubarak and his family have revealed…
Banks and stock exchange close for 2 days next week
Egypt

Banks and stock exchange close for 2 days next week

The Central Bank of Egypt has decided to suspend work at banks on 24 and 25 April for Easter and…
Egypt’s stocks extend decline amid corruption probe
Business

Egypt’s stocks extend decline amid corruption probe

Egypt's benchmark stock index tumbled over 3 percent on Monday, pulling the market lower for a second consecutive day as…
Stock trading suspended during second day
Business

Stock trading suspended during second day

Egypt's stock exchange suspended trade for half an hour, minutes after it reopened for a second day following more than…
Egyptian Stock Exchange to resume trading on Wednesday
Business

Egyptian Stock Exchange to resume trading on Wednesday

The Egyptian government decided on Monday to re-open the Egyptian Stock Exchange on Wednesday after nearly 50 days of it…
PM to make final decision on date for stock exchange reopening
Business

PM to make final decision on date for stock exchange reopening

Prime Minister Essam Sharaf is to take a final decision soon on the date for reopening the Egyptian stock exchange.…
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