Cairo Stock Exchange

Cairo local authorities begin redevelopment of downtown Stock Exchange area
Egypt

Cairo local authorities begin redevelopment of downtown Stock Exchange area

Cairo governor Atef Abdel Hamid announced the start of development of the Stock Exchange area in downtown Cairo as part…
US dollar records less than LE18
Business

US dollar records less than LE18

US dollar exchange rates against Egyptian pound fell below¬†LE18 in bank dealings on Sunday morning. According to the latest currency…
Egypt’s Eastern Company board approves US$84 mln capital hike
Business

Egypt’s Eastern Company board approves US$84 mln capital hike

The board of Egypt's top cigarette maker, Eastern Company, approved a capital hike of 750 million Egyptian pounds (US$84 million)…
Egypt’s market gains LE730 mn on Wednesday, EGX30 inches up 0.3%
Business

Egypt’s market gains LE730 mn on Wednesday, EGX30 inches up 0.3%

Egypt's stock market finished in the green zone on Wednesday's session, as the benchmark EGX30 index inched up 0.32 percent…
Egypt’s market loses LE2.1 bn in a week, EGX30 index drops 3.5%
Business

Egypt’s market loses LE2.1 bn in a week, EGX30 index drops 3.5%

Egypt's stock market witnessed losses for the fourth week in a row as all indexes dropped, Egyptian Exchange data showed. The…
Egypt’s market gains LE4.2 bn on Wednesday, EGX30 rises 1.6%
Business

Egypt’s market gains LE4.2 bn on Wednesday, EGX30 rises 1.6%

Egypt's stock market closed in the green zone on Wednesday, as the benchmark EGX30 index rose 1.59 percent to 7,354.56…
Egypt’s Emaar Misr says two senior executives quit the property developer
Business

Egypt’s Emaar Misr says two senior executives quit the property developer

Two senior executives at Egypt's Emaar Misr have resigned, the property developer said on Sunday, several weeks after its disappointing…
MIDEAST STOCKS: Gulf to consolidate, security worries may dampen Egypt
Business

MIDEAST STOCKS: Gulf to consolidate, security worries may dampen Egypt

 Gulf markets look set to consolidate around current levels on Thursday while security worries could push down Egypt as it…
Egypt’s Orascom Telecom reports Q1 2015 net profit of $49 mn
Business

Egypt’s Orascom Telecom reports Q1 2015 net profit of $49 mn

Egypt's Orascom Telecom reported a first-quarter net profit of LE373.86 million ($49 million) up from LE324.34 million a year earlier,…
Egypt’s Pioneers Holding buys cable factory for $37 mn
Business

Egypt’s Pioneers Holding buys cable factory for $37 mn

 A subsidiary of Egypt's Pioneers Holding has acquired a cable production factory in a deal worth LE286 million ($37 million),…
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