stock market

Egypt’s Orascom Telecom up on Algerian unit report
Business

Egypt’s Orascom Telecom up on Algerian unit report

Orascom Telecom climbed more than 7 pct after an Egyptian newspaper reported that a law firm charged with valuing the…
Egypt’s stocks drop on Israeli Embassy attack
Business

Egypt’s stocks drop on Israeli Embassy attack

Egypt's benchmark stock index is down slightly over 1 percent, weighed down by investor unease following the storming of the…
Egypt stock market drops on concerns over diplomatic fallout with Israel
Business

Egypt stock market drops on concerns over diplomatic fallout with Israel

Egypt’s stock market fell by more than 3 percent on Sunday as the country’s diplomatic tussle with neighboring Israel over…
Egypt’s Eastern Co. profit falls 26 pct to $105 million
Business

Egypt’s Eastern Co. profit falls 26 pct to $105 million

Egypt's Eastern Company posted a net profit of LE631 million (US$105.9 million) for the full year to the end of…
Alex stock exchange office unaffected by protests, says official
Business

Alex stock exchange office unaffected by protests, says official

An official source at Egypt's stock market authorities denied reports that protesters were hindering daily work at its Alexandria branch.…
Stock market loses more than LE88bn in first half of 2011
Business

Stock market loses more than LE88bn in first half of 2011

The Egyptian stock market lost LE88.5 billion of its market capital in the first half of 2011 and its indexes…
Egypt’s stock market tumbles on new Tahrir clashes
Business

Egypt’s stock market tumbles on new Tahrir clashes

The Egyptian stock exchange's benchmark index has tumbled over two percent amid fresh clashes between security forces and protesters in…
Expert: Egypt’s market will remain strong
Business

Expert: Egypt’s market will remain strong

Goldman Sachs, a global investment banking and securities firm, said it is optimistic about the future of the Egyptian stock…
Finance experts warn against trading shares of corrupt officials
Business

Finance experts warn against trading shares of corrupt officials

Investment experts have warned investors against conducting transactions that involve shares owned by persons being investigated for corruption. Mohsen Adel,…
Monday’s papers: Hopes rise on Egypt stocks, the future of civil liberties uncertain
Egypt

Monday’s papers: Hopes rise on Egypt stocks, the future of civil liberties uncertain

The state-run daily Al-Ahram starts off with news on the restoration of confidence in the Egyptian stock market. Egypt's benchmark…
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