Egypt: Stocks Tumble on Sunday, Lose EGP2bn on Local Sell-offs
Egypt’s stocks ended the first trading day of this week lower with losses worth around 2 billion Egyptian pounds…
Who’s Who: 12 Insurance Companies Invested in Second Suez Canal Project
Twelve insurance companies operating in Egyptian market have bought EGP 549 million worth of investment…
Interview – Carrefour Egypt Eyes EGP4.5 billion Sales within 2014
Carrefour plans pumping EGP2 billion fresh investments for 5 years. Carrefour has 23 total branches, 8…
Misr Iran Joins Central Bank’s Housing Initiative Next Month
Egypt’s Misr Iran Development Bank announced allocation of EGP 150 million to participate within next month in the…
Egypt Stocks Surge at Midday
Egypt’s bourse incurred humble losses at midday trade on Sunday worth 497 million Egyptian pounds driven by local…
Egypt Inks Agreement to Monitor Internet
The Egyptian government is now able to monitor private communications on Facebook, Twitter and Skype thanks to the…
Saxo Bank May Add Egypt Bourse to List of Global Markets by 2015-end
Denmark’s Saxo Bank is investigating the possibility of adding the Egyptian Exchange to the list of global stock…
Petroceltic Gets New Exploration Licence In Egypt
Oil and gas exploration firm Petroceltic has announced that a joint venture it formed with Edison International has…
International Cooperation Minister Says No Intention For IMF Loan
International cooperation minister Naglaa El-Ahwany said on Saturday that Egypt has no intention to obtain an IMF…
Egypt Awards Oil And Gas Exploration Blocks
Egypt has signed oil and gas exploration deals worth $187 million with several Western companies and a Tunisian…