CAIRO: Egypt's stocks dropped by 5 percent during the morning sessions on Monday October 10 due to clashes triggered Sunday October 9 between Egyptian Coptic Christians and military forces outside the Radio and Television Headquarters Maspiro, in (...)
CAIRO: The Egyptian Financial Supervisory Authority (EFSA) will not renew its contracts with corrupt figures who are being investigated in cases related to Ala Mubarak, revealed sources.
The sources added that those corrupt figures include EFSA's (...)
CAIRO: The increase of inflation rate the Egyptian market witnessed in May could increase with certain goods including wheat and diesel oil, especially in Ramadan month, according to Egyptian economists.
The holy month of Ramadan is when the (...)
CAIRO: The Arabic Capital Markets Association (ACMA) proposed amending capital executive regulation No.95/1992, which would benefit stock markets, ACMA chairman Ahmed Younis said.
Younis said the proposal gained the admiration of workers in the (...)
CAIRO: Egyptian Tourism Urbanization Co. has ratified the initial unaudited financial lists for the first quarter of this year. The company's net profit dropped to around 1 million EGP (U.S. $182,000), compared to 2.3 million EGP (U.S. $380,000) (...)
