Guides & Analytics
U.S. Stock Futures Rise, Signaling Fresh S&P 500 Record
U.S. stock-index futures rose, indicating the Standard & Poor’s 500 Index will extend its all-time high, after the Federal Reserve unexpectedly refrained…
C. Bank of Egypt Says Securities Portfolio Hit EGP 653.8 bln by June-End
The securities portfolio held by local banks surged by 2.7% (EGP 17.6 billion) within the last June recording EGP 653.8 billion , in compared to EGP 636.2…
Bernanke Resets Policy by Doing Nothing as Markets Soar
Ben S. Bernanke reinforced his standing as the most activist Federal Reserve chairman in history by doing the unexpected: nothing. The policy-setting Federal Open…
Morgan Stanley CEO Says He Invests in Muni Bonds, Biotech
Morgan Stanley (MS) Chief Executive Officer James Gorman said his personal investments include municipal bonds and a biotech fund, while he favors global…
Egypt Bourse Losses EGP269 mln on Local Profit-taking Transactions
Egypt's bourse ending its last trading for this week lower incurring losses totaled EGP 269 million driven by local profit-taking transactions. However, the…
Talaat Moustafa Affirms Talks With 3 Banks Over EGP 1.8 Bln Loan
Egyptian property developer Talaat Moustafa Holding (TMG) (TMGH.CA) affirmed on Wednesday its ongoing talks with 3 local banks over a long-term loan worth EGP 1.8…
Egypt Main Bourse Index Nears 5530 pts – Midday
Egypt bourse has incurred losses of EGP 137 million during the midday session of Thursday driven by local selling pressures. Yet, the benchmark index surged to near…
Activating Digital ID Crucial to Apply Minimum and Maximum Wage – Minister
Eng. Atef Helmy, Egyptian Minister of Information and Communication Technology (ICT), said the current phase is witnessing difficulty in applying the minimum and…