Egypt partners with Google to promote 'unmatched diversity' tourism campaign    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Taiwan GDP surges on tech demand    World Bank: Global commodity prices to fall 17% by '26    Germany among EU's priciest labour markets – official data    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    France's harmonised inflation eases slightly in April    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    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 MAHMOUD ASKAR HEBA HABIB
Trading to resume Tuesday despite polls
The Egyptian stock exchange will resume trading Tuesday despite the military's decisions to extend elections by a day, said Mohamed Omran, Chairman of the Exchange in a statement special to Youm7. The Stock Exchange will close Monday for the (...)

27 - 11 - 2011
Egyptian stock market takes major hit
All indices of the Egyptian Stock exchange declined significantly, each at least falling 8 percent, after a week of mass demonstrations and clashes cast the country's transition into down. Egypt's principal stock index, the EGX 30, fell a total (...)

25 - 11 - 2011
Stock exchange stops trading of 37 companies for 30 minutes
The Stock Exchange stopped trade of 37 companies for 30 minutes because they exceeded the percentage of decline of 5 percent during the trading session. The stocks that were suspended included the shares of Watenya investment and Security, the (...)

23 - 11 - 2011
Egypt economic experts warn against foreign mergers
Egyptian economists are warning about the danger of expansion in acquisitions and mergers between foreign companies or investors and Egyptian companies. They say this would allow foreign companies to monopolize important sectors of the Egyptian (...)

07 - 11 - 2011
Stock market loses 3.7 billion EGP due to sales by Arab and Egyptian investors
Stock market dealings ended on Tuesday with a general decline in indexes with the exception of index of medium and small company indexes, with a small increase at the end of the session. There was a large decline at the end of sales by Arab and (...)

01 - 11 - 2011
Egypt companies lose 169 billion EGP in 6 months due to halt in production
CAIRO: Egyptian companies trading in the stock market lost 169 billion EGP (U.S. $28.6 billion) in market capital from early 2011 through mid-October 2011. This underlined the negative impact of successive crises hitting the Egyptian Stock Exchange (...)

29 - 10 - 2011
Stock indexes rise in mid-day trading
Stock indexes continued to rise through mid-day trading Wednesday, driven by leading stocks in the market. The main stock index, the EGX 30 rose by 1.3 percent while the EGX 20 rose by 1.2 percent. The index of medium and small companies, the EGX (...)

19 - 10 - 2011
Analysis: Egyptian exchange crisis, root causes, way forward
CAIRO: The Egyptian stock market tops the list of sectors with regard to losses in the recent economic downturn – the Exchange lost 170 billion EGP (U.S. $28.46 billion) since the beginning of the year. This begs the question: has anyone profited (...)

18 - 10 - 2011
Stock exchange loses 6.6 billion EGP of market capital
CAIRO: The Egyptian stock exchange lost 6.6 billion EGP (U.S. $1.1 billion) of market capital at the end of trading on Monday. Losses were driven by sales by Egyptian investors, despite buying by both Arab and foreign investors. The loss came (...)

03 - 10 - 2011
New EGX20 index launches today
CAIRO – In its first day of trading for the week, the Egyptian Stock Exchange launched the new EGX20 index, which includes the 20 most active and liquid companies in Egypt. Egyptian Finance Minister Hazem al-Beblawy and Chairman of the Exchange (...)

02 - 10 - 2011
Stock indexes rise mid-trading
CAIRO: Egypt's stock indexes rose in mid-session trading on Monday, driven by purchases by Egyptian investors, despite continued sales of both foreign and Arab investors. The main stock index EGY X 30 rose by 0.88% and the index of medium and (...)

26 - 09 - 2011
Stocks continue their decline in mid-session trading
The three main Egyptian stock indexes continued to tumble during mid-session trading on Monday, largely as a result of Arab individual and institutional sell-offs. While Egyptians and foreigners continued to make large purchases, it was not enough (...)

25 - 09 - 2011
Stock market loses 7.8 Billion pounds at the beginning of the week's trading
The Stock Exchange lost market capital on Sunday during the first week's sessions reaching up to 7.8 billion pounds of its value, after the sharp decline in indicators due to sales by Arab and Egyptian investors, in addition to a significant decline (...)

25 - 09 - 2011
Foreign sell-offs drive indexes down
The three main Egyptian stock indexes today slid in the mid-trading session due to heavy selling by foreign and institutional investors amidst relatively strong Arab and Egyptian buying. The Main EGX 30 fell 0.85 percent, the EGX 70 slid 0.79 (...)

14 - 09 - 2011
Financial experts warn against adjusting of credit system, will affect small investors in stock market
A number of analysts warned against the speeding of brokerage firms to settle the credit of investors. It will be a sudden and rapid response to the request of the General Authority for Financial Control to settle these operations this (...)

13 - 09 - 2011
Stock indexes decline mid-session
CAIRO: Egypt's three stock indexes continued to decline during mid-session trading today, Monday, driven down by sales of Arab investors. Although Egyptians and other foreigners bought during the session, they did not succeed to change the direction (...)

12 - 09 - 2011
Expert: Governmental funding policy is affecting the banking sector
The annual growth rate of lending to the private sector continued its precipitous decline at the end of June 2011, reaching only 0.8 percent, or 422.5 billion EGP (U.S. $70.7 billion), according to a recent report released by the Egyptian Ministry (...)

10 - 09 - 2011
Selling of Egyptian and Foreign investors lead to decline in stock indexes
The selling activities of foreign and Egyptian investors lead the main stock index to fall at the beginning of dealings on Sunday, the first of this week's sessions. This led to the decline in the number of blue chip stocks, including shares of (...)

28 - 08 - 2011
Wednesday morning trading sees gains
Purchases by foreign investors drove Egypt's three principal stock indices up Wednesday morning, although momentum was mitigated by sales a few hours opening. The main index, EGX 30, rose by 0.31 percent while EGX 70 was up 0.55 percent and EGX (...)

24 - 08 - 2011
Egyptian exchange loses 15 billion EGP amidst global fears
An emergency halt in trading at the Egyptian Stock Exchange yesterday was invoked due to a sharp decline of more than five percent in the total value of the market. The temporary, half-hour stoppage gave investors the opportunity to regroup and stem (...)

09 - 08 - 2011
Mobinil loses 85.7 m EGP
The results of Egyptian telecom company Mobinil's semi-annual consolidated indices for 2011 revealed a net loss of 85.7 million EGP (U.S. $14.4 million), compared to the net profit of 732.3 million EGP (U.S. $122.9 million) in the first half of (...)

27 - 07 - 2011
Egypt bourse fears liquidity crisis with launch of new companies
CAIRO: A Different number of analysts and observers of the capital market stressed the need of the Stock Exchange to sell shares of new companies, especially since they think the time is not right and the market is suffering from a shortage of (...)

13 - 07 - 2011
Egyptian stock exchange ends trading session on a high
Stock indexes ended the trading session Tuesday on a high driven by purchases by Egyptian and Arab investors, noticeable for some blue chip stocks in the market, in addition to the activity of the large shares of small and medium enterprises. The (...)

28 - 06 - 2011
Stock Market report: Market movement by Arab investors
The Egyptian stock exchange stepped up efforts to attract investors and communicate, especially with new investors in the gulf area, who increased their purchases, said Moshen Adel, the managing director of Pioneers for Investment Funds. Adel (...)

25 - 05 - 2011
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