Foreign direct investment (FDI) is a leading contributor to real economic growth, which prompts the Egyptian economy to attract long-term investors, says Managing Director of Al Ahly Capital Holding Karim Saada.
Al Ahly Capital's investment (...)
Egypt bourse announced on Wednesday that the current management is striving within the upcoming phase to bolster the performance of the stock market's affiliate for the small and medium enterprises (SMEs).
Egyptian Exchange Chairman Dr. Mohamed (...)
Egypt's stocks ended higher on Sunday posting gains worth EGP 1.4 billion backed by local and Arab buyers. The main index closed higher to cross 5300 pts.
Egypt's benchmark index EGX30 inched up by 0.63 % to close at 5301.02 pts, while the EGX20 (...)
On Monday's closing session, the EGX incurred losses of EGP 827 million as the capital market amounted to EGP 362.309 billion.
The main index, EGX 30 declined 0.44% to close at 5448.99p. EGX20 downed with 0.53% to close at 6330.42p.
Meanwhile, the (...)
Egypt-based Prime Holding for Financial Investment S.A.E. (PRMH.CA) – will be delaying the launch of a new firm – a subsidiary of the Mining Holding Company of which the estimated authorized capital worth EGP one billion; while the issued is valued (...)
CAIRO: A state of calm spread in Tahrir Square on the first day of holy Islamic month of Ramadan. The demonstrators are continuing their protests quietly in their tents.
Local committees were reduced at entrances into Tahrir. Car drivers, (...)
Amr Moussa, the outgoing director general of the Arab League, and potential presidential candidate, has confirmed that he will address the Nubian issue whether he wins the presidential election or not.
During his meeting with a Nubian delegation, (...)
CAIRO: Demonstrators continue to protest today in Tahrir square, asking to speed up prosecution for figures of the former regime such as Habib el-Adly and police officers who killed demonstrators during the Battle of the Camel.
Their demands also (...)