stock market

Stock market suffers collective drop
Business

Stock market suffers collective drop

Egyptian stock market indexes on Tuesday dipped collectively amid sales by foreign institutions and investment funds. Stocks lost nearly LE5.4…
Court orders the unfreezing of assets belonging to Brotherhood tycoons
Egypt

Court orders the unfreezing of assets belonging to Brotherhood tycoons

Egypt's stock market was ordered to unfreeze all the assets owned by two prominent businessmen affiliated with the Muslim Brotherhood…
Stock exchange at 7-month high as Egypt to accept US$3.2 bln IMF loan in March
Business

Stock exchange at 7-month high as Egypt to accept US$3.2 bln IMF loan in March

Egypt's stock exchange hit a seven-month high after the finance minister said it will sign a US$3.2 billion loan agreement…
Optimism toward politics buoys Egyptian stocks
Business

Optimism toward politics buoys Egyptian stocks

A strong performance by Egypt's stock market in the last few days, despite a string of negative political and economic…
Egypt’s stock market rallies after peaceful demonstrations
Business

Egypt’s stock market rallies after peaceful demonstrations

Egypt's stock exchange continued its rally on Sunday after a 7 percent surge in the previous session on relief that…
Egypt’s stock market up on 2012 optimism, Central Bank cancels auctions
Business

Egypt’s stock market up on 2012 optimism, Central Bank cancels auctions

Optimism for the year ahead lifted Egypt's stock market on Monday and Egypt's benchmark index rose 1.6 percent as Egypt's…
Stock Exchange employees postpone planned strike action
Business

Stock Exchange employees postpone planned strike action

Employees of the Egyptian Stock Exchange have postponed a strike slated for Thursday until after they have met with the…
Egypt benchmark stock index plummets on overnight violence
Egypt

Egypt benchmark stock index plummets on overnight violence

CAIRO - Egypt’s benchmark stock index fell sharply early Monday, dragged down by investor panic after the country’s capital was…
Thugs attack cafe near Tahrir Square
Egypt

Thugs attack cafe near Tahrir Square

A group of people with bladed weapons on Friday attacked a cafe near the stockmarket in downtown Cairo. The assailants…
New director of Egyptian Stock Exchange appointed but not informed
Business

New director of Egyptian Stock Exchange appointed but not informed

Prime Minister Essam Sharaf announced on Wednesday the appointment of Mohamed Omran as the new director of the Egyptian Stock…
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