Economic expert Mohamed Abdel Moteleb demanded that governmental banks use their liquidity to invest in Egypt's Stock Market through buying trusted shares for long-term investment.
He added that such a step would increase the rates of liquidity (...)
CAIRO: Unrest in Egypt has lead the stock market to losses amounting to 10.05 billion EGP of its capital on Monday, amid foreign investors' panic and subsequent withdrawal from the market.
The principal index EGX30 declined by 3.9 percent closing (...)
The terrible losses in Egypt's stock market during 2011 reached 80.5 billion EGP (U.S. $13.5 million) and reveals Egypt's stock market is the main victim of the Egyptian January 25 Revolution, said the syndicate of the workers of Egypt's stock (...)
Egypt's stock market achieved a notable rise in its first session of the week, following an acute loss Thursday that amounted to 7 billion EGP (U.S. $1.17 billion).
The main index, the EGX30, rose by 0.74 percent, the index of the small and (...)
CAIRO: The current drop in Egypt's stock market cannot be attributed only to the U.S. debt crisis, said Mohamed al-Aasar, head of technical analysis at Hermis Company.
Assar said what happens in the American market is a state of correcting the (...)
Egypt's stock market indexes witnessed a variation of results during the morning session on Wednesday, especially with the investors' disincentive to trade.
The main index EGY X30 rose by 0.14 percent, while the index of medium and small (...)
Investment funds which aim to achieve profits do not serve the national goal, according to Egyptian stock market experts. They said such funds cannot save the Egyptian stock market through buying shares at their lowest values.
The solution, (...)
The U.S. cut of credit rating threatens a new international financial crisis worldwide according to economic expert, Dr. Mustafa al-Nasharty. He added the U.S. institution Standard and Poor took the decision to cut credit rating due to the U.S. (...)
Hamish Banics, the spokesman of Legatum Group, said his African telecommunication institution awarded the owners of businesses in Egypt. He said that it is also looking for the Egyptian who is willing to contribute to Africa's prosperity.
Banics (...)
Mahathir Mohamed, former Prime Minister of Malaysia, will hold his first visit to Cairo after the January 25 Revolution in order to participate in a conference organized by the union for Egyptian industries.
Egypt's Prime Minister, Dr. Essam (...)
CAIRO: Egypt's stock market will witness further decline in the next week and up and down fluctuations.
Chairman of the Arab Society of Technical Analysts, Sameh Abu-Arayes, said the current situation could be improved if the country witnessed (...)