EGX 30 Climbs 1.19%, Ends This Week Above 4985 Pts
The Egyptian Exchange (EGX) has ended this week posting gains of EGP 2.75 billion backed by local and Arab buyers.…
Dollar Steadies Against Egypt Pound, Euro Falls 0.3%
On Thursday, the exchange rates of the US dollar, Saudi riyal and UAE dirham have steadied against the Egyptian…
Main Goods Imports Drive Egypt’s Foreign Reserves Down By US$ 84 Mln
The Central Bank of Egypt’s foreign reserves fell US$ 84 million to reach US$ 13.424 billion at the end of last…
Federation of Chambers Discuss Paying Compensation To Talaat Harb Shops
Mr Ahmed Al Wakeel, Chairman of the Federation of Egyptian Chamber of Commerce, has unveiled that the federation is…
Misr Iran’s Net Profit Hit EGP 215.4 Mln At End-2012
Misr Iran Development Bank’s standalone income statement that it achieved net profit of EGP 215.4 million at the…
EGX Of SMEs: Stocks End Week Mostly Flat, Al-Moasher Solely Down
The stocks of the Egyptian Exchange of the Small and Medium Enterprises (SMEs) – NILEX have ended this week by…
Egypt’s Kandil Says Tourism Sector Attained $7.6 bln In 7 Months
The tourism is an easily influenced industry, as the political climate and the current incidents possibly impact…
CBE Offers US$ 40 Mln To Local Banks On Thursday
The Central Bank of Egypt (CBE) offers on Thursday US$ 40 million to local banks at its 43rd FX auction and the…
Union Of Arab Banks Names Mohamed Barakat New Chairman
Mohamed Barakat, chairman of Banque Misr, has been named the chairman of Union of Arab Banks for a three-year term,…
EGX Mostly Opened In Red, Benchmark 0.02% Up
The Egyptian Exchange (EGX) has opened Thursday’s session incurring losses of EGP 732 million driven by the…