Financial institutions in Egypt
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Egypt's stock market plunges to lowest point in year and a half
The Egyptian stock market dropped on Tuesday, making the third retreat in a row, with the benchmark index EGX 30 dropping by 2.58 percent.
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Egypt's Stock Market Dives After Juhayna Chairman's Asset Confiscation
Thabet's assets were confiscated and his shares in companies listed in the stock exchange were frozen, including Juhayna's.
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28% of Egyptian youth live in poverty
The unemployment rate among the 18-29 age group, this age group is 20.7 million people, which is 23.6 percent of the total population.
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Egypt's EFG Hermes reports Q2 profit of $22.67 million
The company reported net revenue of 630.952 million pounds for the quarter versus 762.089 million pounds in the same period last year.
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Egypt's Beltone joins NASDAQ Dubai as market maker
Beltone Market Maker a subsidiary of Egypt-based financial services company Beltone Financial joined NASDAQ Dubai to provide market-making service.
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Egypt's market gains LE660 mn on Monday, EGX30 inches up 0.22%
The EGX market capital gains LE660 million (US$85 million), hitting LE490.20 billion, compared to LE489.54 billion on Sunday.
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14 direct benefits for Egyptian economy due to Suez Canal projects
Banks should exert more effort to support development instead of focusing on financing budget deficit, says Ezz El-Din Hassanin.
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Egypt foreign reserves drop most since 2013 on debt payment
Egypt’s foreign reserves declined at the fastest pace in more than two years after repaying debt and funding a widening trade deficit.
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NBE postpones issuance of international bonds
Bank repays bonds, amounting to $600m, which it offered in August 2010.
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QNB Al Ahli, EBRD set $100m for SMEs in Egypt
EBRD provides QNB Al-Ahli with $40m for trade facilitation.