Egypt Independent
Egypt’s market gains LE10 bn on Monday, EGX30 jumps 2.8%
Business
August 31, 2015
Egypt’s market gains LE10 bn on Monday, EGX30 jumps 2.8%
Egypt's market jumped during Monday's session, after Italy's Eni announced a potentially huge natural gas discovery off the country's coast,…
Russia offers Egypt 33-year financing of nuclear plant: Newspaper
Egypt
August 31, 2015
Russia offers Egypt 33-year financing of nuclear plant: Newspaper
Russia has offered to facilitate financing over a period of 33 years to Egypt for its first nuclear-powered, electricity-generating plant, a…
Egypt’s market gains LE260 mn Sunday, all indexes down
Business
August 30, 2015
Egypt’s market gains LE260 mn Sunday, all indexes down
Egypt's market closed in the red zone following Sunday's session, as the benchmark EGX30 index went down 0.33 percent, to…
Saudi Arabia to provide $2.9 bn to Egypt
Egypt
August 30, 2015
Saudi Arabia to provide $2.9 bn to Egypt
Al-Mal weekly newspaper quoted informed sources on Sunday as saying that Egypt would receive financial assistance and soft loans from…
MENA: Policeman shot dead in Egypt’s Sohag
Egypt
August 28, 2015
MENA: Policeman shot dead in Egypt’s Sohag
Egyptian policeman was killed in Upper Egyp'ts Sohag on Friday morning, according to MENA.The low ranking policeman, whose body was…
Egypt’s market loses LE6.4 bn in week, EGX30 index down 1.3%
Business
August 28, 2015
Egypt’s market loses LE6.4 bn in week, EGX30 index down 1.3%
Egypt's stock market has witnessed loses of LE6.4 billion (US$818 million) this week, as all indexes dropped, Egyptian Exchange data…
Egypt’s market gains LE12.8 million on Thursday, EGX30 climbs 3 %
Business
August 27, 2015
Egypt’s market gains LE12.8 million on Thursday, EGX30 climbs 3 %
Egypt's market boosted by the improved global equities backdrop on Thursday's session, as the benchmark EGX30 index climbed 2.99 percent,…
Meteorologists expect mildly hot weather in Cairo on Friday
Egypt
August 27, 2015
Meteorologists expect mildly hot weather in Cairo on Friday
The Egyptian Meteorological Authority is predicting mildly hot and humid weather in Cairo and the lower Egyptian provinces on Friday,…
NGO report: Violence up August 14-20
Egypt
August 27, 2015
NGO report: Violence up August 14-20
Violence rates soared in the period August 14-20 with more attacks targeting security forces, says a coalition of NGOs detecting violence rates…
Court recommends banning Zamalek chief from TV over libel
Egypt
August 27, 2015
Court recommends banning Zamalek chief from TV over libel
The commissioners board at the Supreme Administrative Court in Cairo recommended on Wednesday banning Zamalek Sports Club chief Mortada Mansour…
EgyptAir Holding Company chief removed
Business
August 27, 2015
EgyptAir Holding Company chief removed
Civil Aviation Minister Hossam Kamal decided Wednesday to remove EgyptAir Holding Company chief Sameh al-Hefny, reportedly after an Administrative Control…
Egypt’s market gains LE90 million on Wednesday, EGX30 inches 0.5 %
Business
August 26, 2015
Egypt’s market gains LE90 million on Wednesday, EGX30 inches 0.5 %
Egypt's equities closed in the green zone on Wednesday's session, as the benchmark EGX30 index inched up 0.53 percent, to…
Ministry slammed for installing monitor cams in mosques
Egypt
August 25, 2015
Ministry slammed for installing monitor cams in mosques
The Endowments Ministry has raised observers’ ire with its plans to install monitoring cams at mosques, the latest measure in…
Egypt’s market gains LE4 billion on Tuesday, EGX30 rises 2.8 %
Business
August 25, 2015
Egypt’s market gains LE4 billion on Tuesday, EGX30 rises 2.8 %
Egypt's equities rebounded on Tuesday's session, as more stable oil prices and Asian markets prompted some investors to buy back…
World’s rich loses US$182 billion in one week
Egypt
August 25, 2015
World’s rich loses US$182 billion in one week
The world’s wealthiest people have lost nearly US$182 billion of their money over the past week, Skynews Arabia reported Monday. The…
Egypt’s equities continue to shed blood; market cap loses $1 bn Monday
Business
August 24, 2015
Egypt’s equities continue to shed blood; market cap loses $1 bn Monday
Egypt's equities continued to shed blood during Monday's session as stocks were sold across the board. The benchmark EGX30 index dropped…
Govt report: Cotton exports up 63.7% in 3rd quarter of 2014/2015 fiscal year
Business
August 24, 2015
Govt report: Cotton exports up 63.7% in 3rd quarter of 2014/2015 fiscal year
Cotton exports increased 63.7 percent during the third quarter of the 2014-2015 (March-May) fiscal year, a government report has said. “The…
Democracy Index: Students staged 807 protests in 2014-2015
Egypt
August 24, 2015
Democracy Index: Students staged 807 protests in 2014-2015
Egyptian students staged 807 protests during the 2014-2015 academic year extending between October 2014 and June 2015, an independent report has…
HRDO Center criticizes new Civil Service Law
Egypt
August 24, 2015
HRDO Center criticizes new Civil Service Law
The HRDO Center to Support Digital Expression issued a statement Sunday objecting to the new Civil Service Law, saying it…
Egypt’s market hits 20-month low on Sunday, loses $2 bn
Egypt
August 23, 2015
Egypt’s market hits 20-month low on Sunday, loses $2 bn
Egypt's market extended its heavy losses on Sunday's session, as the benchmark EGX30 index fell 5.42 percent, to its lowest level in…