855 Firms Founded in Egypt During March, Highest Since 2005
855 new companies were founded in Egypt during March 2014, highest in 9 years, according to Trade, Industry &…
Scotiabank Mulls Egypt Market Exit – Sources
Bank of Nova Scotia – Scotiabank is considering to end its banking activities in Egypt’s market, high-profile…
Egypt’s NILEX: Univert Tops Volumes Traded in WEEK with 3.7mn
Univert for Food Industries S.A.E. topped the most active firms listed in the Egyptian bourse of SMEs (NILEX), with…
Profit-taking, Cairo Blasts Drive Egypt Bourse to Lose EGP26.2bn in Week
In a week, Egypt’s bourse incurred massive losses totalling 26.2 billion Egyptian pounds as local investors…
Egypt to Licence Tuk-tuk Driving by Presidential Decree
Egypt’s traffic authority will licence existing motorbikes and three-wheeled vehicles commonly known as tuk-tuks,…
Tribal Feud Claims 18 Lives in Egypt’s Aswan
Eighteen people were killed since the rekindling of a long-running dispute Friday between two families in Al-Seel…
Armed Libyans Detain 150 Egyptian Trucks, Drivers
Armed Libyans detained Saturday 150 Egyptian trucks heading from Libya to Egypt, along with their drivers, in…
Egyptian GDRs in London Mostly Flat on Friday
The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange (LSE) ended mostly flat on…
OTMT Tops Egypt Bourse’s Traded Volumes in Week
In a week, Orascom Telecom Media & Technology Holding S.A.E. has managed to lead the top ten active firms…
Egypt Pound At Six-Month Low, Weakens At C.Bank Sale, On Black Mkt
The Egyptian pound hit its weakest rate in six months on Thursday and the central bank allowed it to fall for the…