stock market

Stock market extends gains on formation of new govt
Business

Stock market extends gains on formation of new govt

Egypt's benchmark extended gains on Wednesday after most names in the new government were made public, raising hopes among investors…
Mubarak sons in court on stock market manipulation charges
Egypt

Mubarak sons in court on stock market manipulation charges

The Cairo Court of Appeals on Monday is scheduled to try Alaa and Gamal Mubarak on charges that they illegally…
Benchmark index jumps 4.7 percent after Morsy takes office
Business

Benchmark index jumps 4.7 percent after Morsy takes office

The benchmark index jumped 4.7 percent in the first few minutes of trading on Monday after newly elected President Mohamed…
Stock market rises Tuesday
Business

Stock market rises Tuesday

Egyptian stock market indices gained on Tuesday morning, encouraged by optimism following the announcement of the results from the presidential…
Stock market rises on Morsy victory
Business

Stock market rises on Morsy victory

The stock market rose considerably on Monday, driven up by positive reactions to Muslim Brotherhood candidate Mohamed Morsy's election to…
Economists warn of setback due to uncertain political situation
Business

Economists warn of setback due to uncertain political situation

Some economists have expressed fears of an approaching setback to the nation’s economy because of the lack of vision for…
Stock exchange opens trading with LE1.6 billion loss
Business

Stock exchange opens trading with LE1.6 billion loss

Stocks fell by one percent after the Muslim Brotherhood said on Monday that its candidate won the presidential election and…
Stable investment environment is unlikely following runoff
Business

Stable investment environment is unlikely following runoff

Egyptian investors are in wait-and-see mode ahead of a crucial runoff vote in the country's presidential election, with many skeptical…
Mubarak’s sons request reconciliation in stock market manipulation case
Egypt

Mubarak’s sons request reconciliation in stock market manipulation case

Judicial sources on Tuesday said that Alaa and Gamal Mubarak requested reconciliation with the attorney general two days ago in…
Election worries hammer stock exchange, index slumps to 19-week low
Business

Election worries hammer stock exchange, index slumps to 19-week low

Egypt's stock exchange slumped to a 19-week low on Tuesday as further protests ahead of this month's presidential run-off spurred…
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