Passport authorities at Cairo International airport held back 19 young Egyptian men who were attempting to fly to Libya via Sharjah, United Arab Emirates on Tuesday in search of job opportunities, according to state-owned agency MENA.
Egypt has (...)
Egyptian stock market attained gains estimated at 1.17 billion Egyptian pounds (US$131.8 million) on Monday despite local and Arab sell off.
The market capitalisation recorded 415.911 billion pounds during the closing session of (...)
International experts from Russia, Germany, Ireland, France, and the United States are expected to begin the inspection of the wreckage of the Russian passenger aeroplane.
The Russian and German delegations arrived in Egypt Monday, the Ministry of (...)
Egyptian Supply Minister Khaled Hanafy announced Thursday his resignation in a press conference held after the meeting of the government.
The minister submitted his resignation to state's Prime Minister Sherif Ismail during Cabinet's meeting.
This (...)
Despite banks' nudging toward online tools, many U.S. customers are not ready to give up regular visits to their nearest branch, complicating the industry's efforts to slim down.
U.S. banks have trimmed the number of branches by 6 percent since it (...)
Cairo stock market ended the week with losses estimated at 578 million Egyptian pounds (US$65 million) on foreign selling pressure.
The market capitalisation recorded 416.657 billion pounds during the closing session of Thursday.
Indices:
Egypt's (...)
Asian shares pulled back from a one-year high and the dollar strengthened on Wednesday, after an influential Federal Reserve official said interest rates could rise as soon as September.
European markets are poised for slight gains, with financial (...)
Egyptian stock market incurred losses estimated at 3.5 billion Egyptian pounds (US$394 million) on Egyptian selling pressures.
The market capitalisation hit 417.192 billion pounds during the closing session of Tuesday.
Indices:
Egypt's main index, (...)
Egyptian stock market dropped by 0.89 percent on Tuesday, incurring losses estimated at 2.1 billion Egyptian pounds (US$236.5 million).
The market caplitalisation recorded 416.933 billion pounds during the closing session of (...)
Egyptian scientist, Nobel Prize Winner and father femtochemistry Ahmed Zewail died Tuesday at age of 70.
Zewail was born in 1946 who a Bachelor of Science and Master of Science degrees in Chemistry from Alexandria University, Egypt before moving to (...)
Wall Street's top banks unanimously expect the Federal Reserve to leave interest rates unchanged this month, results of a Reuters poll showed on Friday, with bank economists pointing to a weakening U.S. employment scene and Britain's pending vote on (...)
Egyptian stock market concluded the week with losses estimated at 1.3 billion Egyptian pounds (US$146.3 million) on local selling pressure.
The market capitalisation hit 403.861 billion during the closing session of Thursday.
Indices
Egypt's (...)
Egyptian stock market ended this week with humble gains estimated at 655 million Egyptian pounds (US$73.7 million) despite local selling pressures.
The market capitalisation recorded 404.932 billion pounds during the closing session of (...)
Egypt's stock market concluded Wednesday with losses of 1.4 billion Egyptian pounds ($157.7 million) on Egyptian and Arab investors' selloffs.
Cairo's main index, EGX30 dropped 0.29 percent, to 7863.58 points.
EGX50 EWI index inched down 1.11 (...)
Egyptian stock market concluded Wednesday with losses estimated at 3 billion Egyptian pounds (US$ 337 million) on local and Non-Arab selling off.
The market capitalisation reached 416.471 billion pounds during the closing session of (...)
Egyptian bourse opened the week with gains estimated at 3.1 billion Egyptian pounds (US$ 348.9 million) on Egyptian and foreign investors buying appetite.
The market capitalisation recorded 409.695 billion pounds during the closing session of (...)
Egyptian stock market concluded higher with gains estimated at 1.7 billion Egyptian pounds (US$191.5 million) on local buying appetite.
The market capitalisation hit 409.172 billion pounds during the closing session of Tuesday.
Indices
Egypt's (...)
Egyptian stock market finished the week higher with gains estimated at 1.18 billion Egyptian pounds (US$132.8 million) on local and foreign selling appetite.
The market capitalisation reached 407.481 billion pounds during the closing session of (...)
Egyptian stock market rose by 0.19 percent with gains estimated at 1.7 billion Egyptian pounds (US$191.4 million) despite local and Arab investors' sell off.
The market capitalisation recorded 405.841 billion pounds during the closing session of (...)
Egypt's stock market continued to rally Tuesday posting gains worth 7.1 billion Egyptian pounds ($793.5 million) after central bank's decision to partially devalue the currency.
Egypt's central bank said on Monday it had devalued the Egyptian pound (...)
Venezuela has settled debts with at least three global drug companies by giving them bonds that trade at a heavy discount, a further sign of the OPEC nation's worsening financial crisis.
Novartis AG NOVN.VX, Bayer AG (BAYGn.DE) and Sanofi SA (...)
Egyptian stock market started the week with gains estimated at 3 billion Egyptian pounds (US$382.9 million) on local buying appetite.
The market capitalisation has recorded 392.757 billion during the closing session of Sunday.
Indices
Egypt's (...)
Egyptian stock market concluded the week attaining gains estimated at 431 million Egyptian pounds (US$55 million) despite local and foreign sell off.
The market capitalisation hit 389.746 billion pounds during the closing session of (...)
Egyptian stock market concluded higher on Tuesday with gains estimated at 332 million Egyptian pounds (US$ 42.4 million) on local and Arab buying appetite.
The market capitalisation recorded 390.937 billion pounds on the closing session on (...)
Egyptian stock markets inched up on Tuesday obtaining gains estimated at 714 million Egyptian pounds ( US$91 million) on Arab and foreign buying appetite.
The market capitalisation reached 387.232 billion pounds during the closing session of (...)