News
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HSBC accused of helping Egypt generals stifle dissent
Human rights groups & NGOs have accused HSBC bank of colluding in a campaign of intimidation which they say is being waged against them.
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High gold prices boost Centamin Egypt Q3 profit
The miner's third-quarter profit came in at $43.4 million, compared with $14.7 million a year ago.
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Samsung achieved a share of 35.54% of the total LCD sales in the Egyptian market, Report
Samsung has maintained this leading position for the last 20 consecutive quarters, reaffirming its undisputed leadership.
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Market Report: Egypt stocks up 2.6 per cent on Euro debt deal
Main index hits its highest level in five weeks as high-caps ride the upswing in global equities that followed Thursday's Greek debt agreement.
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Ezz Steel slashes November rebar prices by USD50 ahead of scheduled announcement
Ezz Steel has slashed its domestic rebar prices for Nov. by EGP 300 per ton in a surprise move that came one week ahead of new prices scheduled.
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Egypt's Misr Cement Qena 9-month net falls 16 pct
Egypt's Misr Cement Qena said on Sunday its nine-month net profit fell 16 percent from a year earlier.
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Abraaj says committed to Egypt's market, refutes corruption allegations
Abraaj Capital continues to see Egypt as an investment hub for the region despite the political uncertainty.
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Egypt Government Set for Showdown on Foreign Loans: Arab Credit
Egyptian gov. officials are campaigning to overcome public opposition to foreign loans as they seek to reduce the highest borrowing costs since 2008.
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Overall increase in the Egyptian stock market indexes
Stock market indexes started its transaction for the week today Sunday 30 of October.
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Egypt sells 5 bln Eg pounds in T-bills, yields rise
Egypt's central bank sold 5 billion Egyptian pounds in domestic treasury bills on Sunday, the same amount it had offered, the Finance Ministry said.
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Collective rise for stock market indexes in morning transactions
Egyptian stock market began the morning session with a collective rise today Sunday October 30 during the first session of the week.
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Egypt's Alcotexa sells 3,167 T cotton in past week
Egypt's Alexandria Cotton Exporters' Association committed to sell 3,167 tonnes of cotton in the week that ended on Oct. 29.
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Maadi City Centre pioneers first educational partnership with students in community
Maadi City Centre has launched an initiative to encourage local children to learn about practical business skills.
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Egypt imposes temporary cotton import ban
Egypt has imposed a temporary ban on cotton imports until the local crop has been sold, a financial newspaper reported on Thursday.
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Sawiris seeks partners for US$2.8 billion France Telecom Swiss unit takeover
Egyptian billionaire Naguib Sawiris said he’s in discussions with partners to help finance a bid for Orange Switzerland.
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Apache plans $1.5 billion Egypt investments in 2012
Apache Corp plans to increase investments in its Egypt operations by $1.5 billion starting in 2012, GAFI said on Saturday.
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Egypt, Pakistan to sign economic and technical cooperation agreement Sunday
Aboul Naga will meet with Pakistani Ambassador to Egypt Seema Naqvi on Sunday to sign an agreement on economic and technical cooperation.
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Moussa: I'm using personal contacts to recover funds smuggled abroad
Amr Moussa has said he is contacting and negotiating with the European Union in order to recover money smuggled out of Egypt by former officials.
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Egypt Brotherhood businessman: Manufacturing is key
Manufacturing, a trained labour force and enabling the private sector are the solution to Egypt's economic slump, said Hasan Malek.
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Egypt and US to Hold Meetings to Enhance Trade Relations
Egypt and the US will hold a number of meetings in Washington to discuss enhancing bilateral trade relations, Mahmoud Eissa said on Friday.