stocks

Stock market rises on foreign investments
Business

Stock market rises on foreign investments

The Egyptian Stock Exchange rose in early trading on Wednesday, driven by purchases of Arab and foreign investors and amid…
Stock market falls again after constitutional referendum rejection
Business

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…
Stock market loses LE10.4 billion Thursday
Business

Stock market loses LE10.4 billion Thursday

The violent clashes in front of the presidential palace Wednesday night affected the stock market negatively on Thursday.
Stock market rises, encouraged by election optimism
Egypt

Stock market rises, encouraged by election optimism

Egypt’s stock market had risen by midday Wednesday, encouraged by an atmosphere of optimism produced by the presidential election, which…
New mobile rules would only affect new entrants, official says
Business

New mobile rules would only affect new entrants, official says

Proposed amendments to an Egyptian law requiring mobile telecom operators to give a percentage of their shares to citizens would…
Stock market recovers as political tension eases, IMF team plans visit for next week
Business

Stock market recovers as political tension eases, IMF team plans visit for next week

Egyptian stocks rallied on Wednesday after their biggest losing streak in months created fresh buying opportunities. The stock exchange had…
Egypt market plunges after deadly football riots
Business

Egypt market plunges after deadly football riots

Egypt's benchmark stock index plunged within minutes of the start of trade Thursday as deadly soccer riots the night before…
Foreign investor appetite to bolster Egypt in 2011
Business

Foreign investor appetite to bolster Egypt in 2011

Investors are likely to pour more funds into Egypt in 2011 as a strengthening economy and attractive yields outweigh a…
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