Guides & Analytics
NILEX’s Index Ends this Week 1.12% Lower
The Egyptian Exchange for SMEs – NILEX’s Index tumbled by 1.12% on Thursday, to close this week at 1026.31 points. Out of 16 securities traded today, 14 went down…
Egypt Shares End This Week Lower, EGX30 below 7950
Egypt’s stocks ended this week lower with losses totalling 2.3 billion pounds driven by local profit-takers. In return, the country’s main stock index – EGX30…
NBE : Auto loans Portfolio Exceeds EGP550 mln in Feb-End
National Bank of Egypt’s auto loans exceeded EGP550 million at the end of last February. Karim Sous – Head of Retail Credit Risk Sector at NBE - told Amwal Al Ghad…
Telecom Minister Says EGP100 mln Expected Profits for Egypt Post by June
Eng. Atef Helmy, Egyptian Telecom Minister said the losses of Egypt post declined with 50% from EGP856 million to EGP436 million, explaining that it is expected to…
Italy 3rd Largest Importers of Egyptian Exports, with $113 million in January
Egypt’s exports to Italy recorded around US$113 million during January 2014, 26% up from January 2013 of US$89 million. According to official data that Amwal Al…
Egyptian Shares Tumble at Midday amid Local Sell-offs
Egyptian stocks incurred losses of 1.8 billion pounds during the midday session of Thursday driven by local selling pressures. In return, the country’s main stock…
Enaya Health -Egypt Says EGP80m Collective Premiums to Insurance Firms in 2013
Enaya Health Insurance Company , Sherif Fathy Managing Director said the size of collective premiums of the contracted insurance companies reached EGP80…
Egypt in Talks over €1 billion Arms Deal with France – Paper
Egypt is about to sign a €one billion contract to order 4 Gowind class corvettes plus two in option from French military shipbuilder DCNS, France-based financial…