stock market

Trading in Telecom Egypt shares suspended: sources
Business

Trading in Telecom Egypt shares suspended: sources

Egypt's stock exchange suspended trading of shares of Telecom Egypt, the state-owned landline monopoly, on Wednesday after the government replaced…
Stock market goes up despite hijacking of Egyptian plane
Business

Stock market goes up despite hijacking of Egyptian plane

Egyptian stock market indices collectively increased on Tuesday despite the hijacking of an EgyptAir plane.Market capitalization gained nearly LE4 billion,…
Rebirth of Public Business Ministry: development or privatization?
Business

Rebirth of Public Business Ministry: development or privatization?

Two months after Egypt’s presidency announced that shares in “successful” state-owned banks and companies were to be offered on the…
State-owned business sector gets its own ministry in new cabinet
Business

State-owned business sector gets its own ministry in new cabinet

Wednesday’s cabinet reshuffle has seen the state-owned business sector breaking its 12-year-old affiliation with the Investment Ministry, with the sector…
Egypt’s stocks inch down mid-trade after morning rise
Business

Egypt’s stocks inch down mid-trade after morning rise

After making a slight increase half an hour into trading, the Egyptian stock market’s benchmark index EGX 30 edged down…
Egypt, Saudi drop in global rout; Saudi breaks chart support
Business

Egypt, Saudi drop in global rout; Saudi breaks chart support

Egypt's stock market fell in early trade on Thursday, erasing the previous day's gain as global bourses sagged, while Saudi…
Egypt’s benchmark index rises by 3.6 pct in trading last week
Economy

Egypt’s benchmark index rises by 3.6 pct in trading last week

CAIRO, Feb 5 (Aswat Masriya) – Egypt’s stock market main index EGX 30 hiked by 3.6 per cent  over the…
Egypt stocks up as foreigners return
Business

Egypt stocks up as foreigners return

Cairo's main index jumped 2.3 percent to 6,202 points as foreign buyers returned.
Egyptian pound steady at forex sale, stronger on black market
Business

Egyptian pound steady at forex sale, stronger on black market

The Egyptian pound held steady against the dollar at an official foreign currency auction on Sunday but strengthened on the…
Egyptian treasury bill yields rise at Sunday’s auction
Business

Egyptian treasury bill yields rise at Sunday’s auction

Yields on Egypt's three and nine-month Treasury bills rose at Sunday's auction, data from the central bank showed. The average yield…
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