Business
Industry federation rejects private sector assistance in butane crisis
February 1, 2015
Industry federation rejects private sector assistance in butane crisis
A petroleum expert has rejected the suggestion to entrust the private sector to the storage of butane gas for emergencies…
Arab businessmen invited to preliminary meeting before March summit
February 1, 2015
Arab businessmen invited to preliminary meeting before March summit
Former Egyptian foreign minister Mohamed al-Orabi has invited Arab businessmen, through local chambers of commerce, to hold preliminary meeting preparing…
Egypt’s market gains $3.56 billion in January
January 31, 2015
Egypt’s market gains $3.56 billion in January
The Egyptian Stock Exchange (EGX) has made gains worth LE 26.7 billion (US $3.56 billion)during January.Stocks of the listed companies…
Egypt’s market gins $217 million in a week, while EGX30 inches down 0.5%
January 30, 2015
Egypt’s market gins $217 million in a week, while EGX30 inches down 0.5%
Egypt's market has made weekly gained worth LE1.63 billion (US$217 million) to hit LE523.09 billion compared to LE521.46 billion at end…
Egypt’s market loses LE170million on Thursday, EGX30 inches down 0.21%
January 29, 2015
Egypt’s market loses LE170million on Thursday, EGX30 inches down 0.21%
Egypt's market main index inched down 0.21 percent on Thursday's session recording 9,843.10 points and a turnover of LE592 million,…
Ministry: Vodafone Egypt remains market leader with a 41.6 % share
January 29, 2015
Ministry: Vodafone Egypt remains market leader with a 41.6 % share
Vodafone Egypt remains the market leader with a 41.6 percent market share, followed by Mobinil with 35.1 percent and Etisalat…
Egyptian Exchange reshuffles EGX30 index effective first of February
January 29, 2015
Egyptian Exchange reshuffles EGX30 index effective first of February
The Egyptian Exchange (EGX) management decided to consent the amendments approved by the indices committee during the semi-annual periodic review…
FEI chief urges government to limit use of cash
January 29, 2015
FEI chief urges government to limit use of cash
Federation of Egyptian Industries (FEI) has said that increase of cash on markets would lead to its usage in terrorist…
EFG-Hermes: Egyptian Pound move likely to encourage portfolio flows
January 29, 2015
EFG-Hermes: Egyptian Pound move likely to encourage portfolio flows
Following the shift in monetary policy, the Egyptian Pound is now more likely to encourage portfolio flows as the move…
Nissan, Ford recall hundreds of thousands of cars
January 28, 2015
Nissan, Ford recall hundreds of thousands of cars
Nissan and Ford issued recalls of hundreds of thousands of cars Wednesday to address problem parts that could lead to…