investment

Stock market loses LE3.6 billion Wednesday
Business

Stock market loses LE3.6 billion Wednesday

Egyptian stock prices fell Wednesday as investor fears ratcheted up over Egypt's gloomy economic prospects. Shares had dropped nearly LE3.6…
President dispatches envoy to reconcile with investors
Egypt

President dispatches envoy to reconcile with investors

A senior government official has said that the president dispatched Hassan Malek, chairman of the Egyptian Business Development Association, to…
Govt settles with Saudi investor over Mall of Arabia dispute
Egypt

Govt settles with Saudi investor over Mall of Arabia dispute

The Egyptian government has reached a settlement with a Saudi-owned firm over a work dispute at Mall of Arabia in…
Only 10% of registered stock investors are active, says expert
Business

Only 10% of registered stock investors are active, says expert

Only 10 percent of registered investors in the stock market are active traders, the head of a prominent stock brokerage…
In economic flux, Islamic banking and finance are gaining ground
Business

In economic flux, Islamic banking and finance are gaining ground

The economic stagnation of the past year and a half has taken a toll on many businesses, but a fleet…
At Euromoney, officials try to calm investor fears
Business

At Euromoney, officials try to calm investor fears

Officials tried to assure foreign and domestic investors that the local climate for business is safe and friendly on Tuesday,…
Egypt needs investments of US$45 billion to meet target growth rate
Business

Egypt needs investments of US$45 billion to meet target growth rate

Egypt needs LE276 billion (US$45 billion) in investment this year to meet its targeted growth rate, Prime Minister Hesham Qandil…
Multi-million dollar loan from China due to arrive in National Bank
Business

Multi-million dollar loan from China due to arrive in National Bank

The National Bank of Egypt said that the US$200 million loan recently granted by the China Development Bank will arrive…
Morsy scores US$4.9 bn in investments on China trip
Egypt

Morsy scores US$4.9 bn in investments on China trip

Presidential spokesman Yasser Ali has said several investment agreements were signed between Egyptian and Chinese businessmen during President Morsy’s visit…
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