Egypt’s stock market
Egypt to allocate 20 bln Egyptian pounds to support bourse
Business
March 22, 2020
Egypt to allocate 20 bln Egyptian pounds to support bourse
Egypt will allocate 20 billion Egyptian pounds ($1.27 billion) to support the stock exchange, President Abdel Fattah al-Sisi said on…
Egypt court acquits Mubarak’s sons of illicit share trading
Egypt
February 22, 2020
Egypt court acquits Mubarak’s sons of illicit share trading
Cairo Criminal Court on Saturday acquitted Alaa and Gamal Mubarak of illicit share trading, charges dating back to the sale…
Beltone Financial expects 6.1% growth rate for Egyptian economy in 2020/21
Business
November 19, 2019
Beltone Financial expects 6.1% growth rate for Egyptian economy in 2020/21
Beltone Financial, one of the largest investment banks in the Middle East and North Africa, expects the Egyptian economy to…
Egyptian Stock market gains LE66.8 bn in first quarter of 2019
Business
April 1, 2019
Egyptian Stock market gains LE66.8 bn in first quarter of 2019
The Egyptian Stock Exchange gained LE66.8 billion in market capitalization during the first quarter of 2019. The total market value…
Cairo court detains Mubarak’s sons over stock exchange manipulation
Egypt
September 15, 2018
Cairo court detains Mubarak’s sons over stock exchange manipulation
The Cairo Criminal Court on Saturday ordered that Alaa and Gamal, sons of former president Hosni Mubarak, be detained…
Egypt stock index climbs 2.0 pct at opening; financials lead
Egypt
November 6, 2016
Egypt stock index climbs 2.0 pct at opening; financials lead
Egypt's stock market surged in early trade on Sunday, led by financial companies' shares, on hopes that the economy will…
MIDEAST STOCKS: Egypt shares rise, Saudi edges down on petrochemicals
Business
March 29, 2016
MIDEAST STOCKS: Egypt shares rise, Saudi edges down on petrochemicals
Egypt's stock market rose broadly in early trade on Tuesday while Saudi Arabia was pulled down by petrochemical shares after…
Major Saudi investor in Egypt dies
Business
September 17, 2013
Major Saudi investor in Egypt dies
Saudi businessman Suleiman Abu Nami, the biggest investor in the Saudi and Egyptian stock exchanges, has died aged 87.Abu Nami…
Stock market rises 3.2 percent amid calmer political atmosphere
Business
July 9, 2013
Stock market rises 3.2 percent amid calmer political atmosphere
The stock market fared well on Tuesday, prodded by the relatively calmer political atmosphere brought about by the issuing of…
Egypt stock market halts trading after LE14.4-billion gains
Egypt
July 4, 2013
Egypt stock market halts trading after LE14.4-billion gains
The Egyptian stock market stopped trading for half an hour at the beginning of Thursday's session after stocks hit the…