Abdel Rahman Shalaby

Stock Exchange employees postpone planned strike action
Business

Stock Exchange employees postpone planned strike action

Employees of the Egyptian Stock Exchange have postponed a strike slated for Thursday until after they have met with the…
Egyptian stock exchange suffers fifth worse loss on record
Business

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.
Analysts voice optimism for Egyptian investments in post-Qadhafi Libya
Business

Analysts voice optimism for Egyptian investments in post-Qadhafi Libya

Analysts have predicted that Egyptian investments in Libya will be positively affected by the success of anti-regime rebels in ousting…
Citadel Capital chairman cleared of corruption charges
Business

Citadel Capital chairman cleared of corruption charges

Citadel Capital chairman Ahmed Heikal returned to Cairo on Sunday after he was cleared of charges relating to a suspicious…
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,…
Stock brokerage referred to Egypt’s prosecution
Business

Stock brokerage referred to Egypt’s prosecution

The Egyptian Financial Supervisory Authority has referred al-Naeem stock brokerage company to the prosecution on charges of manipulating the prices…
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.…
Losses on Egyptian Stock Exchange difficult to predict
Business

Losses on Egyptian Stock Exchange difficult to predict

Predicting losses on the stock index when the Egyptian Stock Exchange finally re-opens is difficult, said financial experts on Monday.…
Egypt’s stock exchange to remain closed on Tuesday
Business

Egypt’s stock exchange to remain closed on Tuesday

The management of the stock exchange said it would still be closed on Tuesday until banks operate normally, adding that…
Presidential scion Gamal Mubarak took LE189.45 million in profits from EFG-Hermes
Business

Presidential scion Gamal Mubarak took LE189.45 million in profits from EFG-Hermes

Egyptian investment bank EFG-Hermes announced on Sunday that Gamal Mubarak, son of former president Hosni Mubarak, had taken LE189.45 million…
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