Egypt's FEC, TRAIN partner to support food exporters    Spot Gold, futures slips on Thursday, July 17th    Egypt's EHA, Huawei discuss enhanced digital health    Egypt expresses condolences to Iraq over fire tragedy    Egypt, Oman discuss environmental cooperation    Egypt's Environment Minister attends AMCEN conference in Nairobi    At London 'Egypt Day', Finance Minister outlines pro-investment policies    Sukari Gold Mine showcases successful public–private partnership: Minister of Petroleum    Egypt's FRA chief vows to reform business environment to boost investor confidence    Egyptian, Belarusian officials discuss drug registration, market access    Syria says it will defend its territory after Israeli strikes in Suwayda    Pakistan names Qatari royal as brand ambassador after 'Killer Mountain' climb    Health Ministry denies claims of meningitis-related deaths among siblings    Sri Lanka's expat remittances up in June '25    EU–US trade talks enter 'decisive phase', German politician says    Egypt's Health Min. discusses drug localisation with Sandoz    Needle-spiking attacks in France prompt government warning, public fear    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Aziz El Kaissouni Reuters
Egypt wants FT Mobinil bid equal to arbitration price
CAIRO: Egypt s regulator will reject France Telecom offers for outstanding shares in mobile operator Mobinil if the price is not equivalent to that set in an earlier arbitration ruling, the daily Al-Mal reported on Sunday. Otherwise, France (...)

19 - 07 - 2009
ANALYSIS: Muslim Brotherhood will not challenge succession
CAIRO: The Muslim Brotherhood will avoid confrontation over attempts to install President Hosni Mubarak's son as president because it fears a crackdown by the authorities could destroy the Islamic group. But the group, Egypt's most powerful (...)

02 - 07 - 2009
Green energy agency to locate headquarters in UAE
CAIRO: Member states of the International Renewable Energy Agency (IRENA) voted to locate their headquarters in the United Arab Emirates, Egypt s state news agency MENA said on Monday. MENA said the UAE, which defeated Austria and Germany, had (...)

30 - 06 - 2009
Palm Hills looks to recurring revenue growth
CAIRO: Egyptian developer Palm Hills will focus on maximizing returns from its existing land bank and aims for recurring revenue projects such as malls, hotels and leasing to contribute 30 percent of revenue within five years. The company is (...)

23 - 06 - 2009
Egyptian firm repays cash for Russian grain, says paper
CAIRO: Egyptian Traders Co has paid back $9.6 million it received from Egypt's state wheat buyer for a shipment of Russian grain that it has been ordered to re-export over quality concerns, a newspaper reported on Wednesday. Wheat shipments from (...)

17 - 06 - 2009
Egypt cbank aims to float bank stakes in 2011
CAIRO: Egypt s central bank aims to sell majority stakes in two commercial banks by the end of 2011, governor Farouk El-Okdah said on Wednesday. The governor told a news conference that United Bank should be floated in 2011, and that a majority (...)

27 - 05 - 2009
Talaat Moustafa leads Egypt shares up
CAIRO: Egyptian stock indexes edged up on Sunday, driven by a rally on the real estate sector led by shares in Talaat Moustafa, which gained 5.1 percent after plunging 14.5 percent in the last trading session. The firm s former chairman was (...)

24 - 05 - 2009
Dana says in advanced gas city talks with Egypt
CAIRO: The Egyptian unit of Abu Dhabi-listed Dana Gas said on Wednesday it is in advanced negotiations with Egypt to build a "gas city that will attract over $20 billion in investments over the long term. "Gas cities are large, gas-fed industrial (...)

13 - 05 - 2009
Egyptian inflation falls to 11.7 pct in April
CAIRO: Urban consumer inflation in Egypt fell to 11.7 percent in the year to April from 12.1 percent in the year to March, Egypt s state-run statistics agency CAPMAS said on Saturday. The figure is the lowest in 14 months. The nationwide (...)

10 - 05 - 2009
Egypt indexes follow global markets up
CAIRO: Egypt s main stock indexes followed global stocks up on Thursday as growing confidence saw foreign investors buy into blue chip stocks. World stocks rose more than one percent on Thursday to their 2009 highs as investors bet on a (...)

07 - 05 - 2009
AlMasria plans new Egypt airline despite slump
CAIRO: AlMasria Universal Airlines plans to start Egypt s first private commercial airline this year despite a global slump in the industry, flying to 20 destinations with Airbus planes, its president said on Tuesday. Hassan Aziz, a former pilot, (...)

15 - 04 - 2009
Egypt stock indexes decline on foreign selling
CAIRO: Egyptian share indexes declined on Monday as foreign investors sold blue chips to lock in profits on worries international markets might not sustain a current rally, a trader said. Many Asian and European centers are still closed for the (...)

13 - 04 - 2009
Egypt Q4 unemployment falls to 8.8 percent, says MENA
CAIRO: Unemployment in Egypt fell to 8.8 percent in the fourth quarter of 2008 from 9.1 percent a year earlier, state news agency MENA said on Sunday. There were 2.209 million people unemployed out of a workforce of 24.995 million, it (...)

22 - 03 - 2009
Orascom Telecom leads Egypt indexes up
CAIRO: Egyptian stock indexes edged higher on Tuesday, led by market heavyweight Orascom Telecom (OT) despite a flurry of profit taking late in the session, traders said. OT said on Monday its 2008 net profit after minority interest declined 76 (...)

17 - 03 - 2009
Egypt indexes fall on US, European market woes
CAIRO: Egyptian indexes fell on Thursday led by selling of Orascom Construction Industries and Orascom Telecom, as foreign investors took their lead from US and European markets that declined a day earlier, traders said. On Wednesday grim US (...)

15 - 01 - 2009
Egypt index stable on local buying, foreign selling
CAIRO: Egypt s benchmark CASE 30 index was little changed on Sunday as local investors bought into small cap shares, balancing out some light selling on blue chips by foreigners, traders said. Local retail investors were all trading on small caps (...)

11 - 01 - 2009
Egypt to cut some import tariffs to zero pct, says paper
CAIRO: The Egyptian government plans to cut import tariffs on some capital and intermediary goods to zero percent from between 2 and 5 percent to boost investment, the daily newspaper Al Masry Al Youm said on Tuesday. The changes will affect a (...)

30 - 12 - 2008
Egypt developer SODIC sees continuing housing demand
CAIRO: Egyptian developer SODIC expects high demand for new housing to continue, eliminating the chances of a housing bust, its managing director said on Tuesday. We haven t begun to scratch the surface in terms of really being able to adjust for (...)

25 - 12 - 2008
Egypt index rises on institutional investor buying
CAIRO: Egypt s benchmark index rose on Tuesday as institutional investors bought up shares in blue chip stocks, encouraged by a rebound on European stocks. European stocks were slightly up about midday, led by pharmaceutical and telecoms (...)

16 - 12 - 2008
Egypt stocks rise as foreigners buy into blue chips
CAIRO: Egyptian stock indexes rose for a second day on Wednesday as foreign investors continued to buy up blue chip shares at attractive prices after a sharp drop in the market earlier in the week. The benchmark CASE 30 index, which on Monday (...)

26 - 11 - 2008
Egypt bourse extends losses, foreigners sell
CAIRO: Egypt s main stock indexes fell for a fourth straight day on Thursday, with foreign investors selling heavily on fears of a further global economic slowdown, brokers said. We re all waiting to see what ll happen with the Federal Reserve (...)

25 - 09 - 2008
Egypt indexes continue decline on foreign selling
CAIRO: Major Egyptian stock indexes fell on Wednesday for the second session in a row on heavy foreign selling of big cap stocks and global market volatility, traders said. Market heavyweights Orascom Telecom (OT) and Orascom Construction (...)

10 - 09 - 2008
Egypt stocks up on foreign buying
CAIRO: Egyptian stock indexes rose for a second day on Thursday, boosted by strong results by market heavyweight Orascom Construction Industries (OCI) and an influx of foreign investors buying into blue-chips, traders said. There are (...)

28 - 08 - 2008
Egypt shares continue rebound
CAIRO: Egypt s benchmark CASE 30 index continued to rebound for a second session on foreign buying on Sunday, correcting a fall that saw indexes hit year lows last week, traders said. The index gained 2.09 percent to close at 8,149.65 points (...)

24 - 08 - 2008
Wary investors sell Egyptian stocks
CAIRO: The Egyptian benchmark index declined on Monday, led by selling on index heavyweights Orascom Construction Industries and Orascom Telecom with investors wary after a sharp drop last week, traders said. Everyone s looking for an exit (...)

18 - 08 - 2008
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