stock market
Stock market suffers collective drop
Business
February 21, 2012
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
February 20, 2012
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
February 19, 2012
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
February 8, 2012
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
January 29, 2012
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
January 2, 2012
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
December 13, 2011
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
October 10, 2011
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
September 24, 2011
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
September 21, 2011
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…