Dollar Drifts Higher Amid Fiscal-Cliff Concerns
The dollar edged higher in Asian trading hours on Wednesday, with the prospect of large-scale U.S. tax hikes and…
Europe Stocks Open Lower On U.S. Fiscal Woes
European stock markets opened lower on Wednesday, led by resource and banking stocks, with sentiment weighed by…
Egyptians Challenge Morsi in Nationwide Protests
Tens of thousands of Egyptians rallied on Tuesday against President Mohamed Morsi in one of the biggest outpourings…
US Economy Recession Plunges Egypt’s Exports
The recession of the US economy led to decreasing the Egyptian exports of the ready-made garments to the US by 19%…
Mortada Mansour Files Suit Against Morsi’s Decisions
On Tuesday, lawyer Mortada Mansour, filed a lawsuit before Egypt's Judiciary Administrative Court to rescind the…
Alex Bank’s Micro-Enterprise Finance Hits 110 Mln In September
Alex Bank Intesa Sanpaolo’s micro-enterprise finance portfolio reached EGP 110 million at the end of last…
Egyptian Potash Delays Receiving EGP 688 Mln Loan
The Egyptian Company for Potash and Chemical Industries has delayed receiving the EGP 688 million Islamic…
EGYTRANS’s ETAL Agrees With First On NILEX Listing
Egyptian Transport – EGYTRANS (ETRS.CA) announced on Tuesday that its affiliate Egyptian Transport & Logistics…
EGX Gains 1.3 Bln, Main Index Ends 0.02% Higher Despite Demonstrations
During Tuesday closing session, the Egyptian Exchange (EGX) has managed to turn its opening losses once again into…
Libya Oil Egypt: 4 New Petrol Stations Ready Next Month
Eng. Saleh Al-Abdali, the Managing Director at Libya Oil Egypt, said the company targets the completion of…