stock market
Hermes managing director considers returning to Egypt to face stock market manipulation charges
Business
May 31, 2012
Hermes managing director considers returning to Egypt to face stock market manipulation charges
Hassan Heikal, managing director of the Hermes financial group who is currently outside the country, received a call from a…
Mubarak sons face charges over stock market fraud
Business
May 30, 2012
Mubarak sons face charges over stock market fraud
Egypt's stock market lost the day's gains after news that the two sons of the country's ousted president will face…
Stock exchange continues decline on election anxieties
Business
May 29, 2012
Stock exchange continues decline on election anxieties
Egypt's benchmark share index dropped 1.1 percent to a six-week low after an arson attack on the headquarters of…
Stock exchange has largest 1-day decline in 2 months on election concerns
Business
May 27, 2012
Stock exchange has largest 1-day decline in 2 months on election concerns
Egypt's stock exchange made its largest one-day decline in two months on concerns over the presidential election outcome, while most…
Stock market rises, encouraged by election optimism
Egypt
May 23, 2012
Stock market rises, encouraged by election optimism
Egypt’s stock market had risen by midday Wednesday, encouraged by an atmosphere of optimism produced by the presidential election, which…
Stock market loses LE2 billion at start of Monday trading
Business
March 26, 2012
Stock market loses LE2 billion at start of Monday trading
Egypt’s stock market fell nearly LE2 billion during the beginning of Monday’s trading session due to mass sales by Egyptian…
Fluctuating stock market closes on slight rise
Business
March 22, 2012
Fluctuating stock market closes on slight rise
Stock exchange trading fluctuated significantly Thursday due to sales by Egyptian and foreign investors, but stabilized by the end of…
Egyptian stocks fall 2% Sunday
Business
March 18, 2012
Egyptian stocks fall 2% Sunday
The main index in the Egyptian Stock Exchange lost 2 percent on Sunday after the death of Pope Shenouda III…
Stock market recovers as political tension eases, IMF team plans visit for next week
Business
March 14, 2012
Stock market recovers as political tension eases, IMF team plans visit for next week
Egyptian stocks rallied on Wednesday after their biggest losing streak in months created fresh buying opportunities. The stock exchange had…
Stock market indices fall amid profit taking
Business
March 8, 2012
Stock market indices fall amid profit taking
The Egyptian Stock Exchange fell significantly during Thursday’s trading session amid sales by foreign investors. The real estate sector suffered…