Egypt Independent

Egypt’s market gains LE10 bn on Monday, EGX30 jumps 2.8%
Business

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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…
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