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EGX fell across the board, shaving EGP12bn capitalization

Tuesday 26/06/2018 21:36

By Mona Abd El-Bary EGX ended Tuesday's trades on a down note falling by 1.5% and 2%, as EGX30 dipped by 1.6% to 16197pts, EGX70 by 1.9% to 794.6pts,...
New electronic system to detect the blameworthy exporters

Tuesday 26/06/2018 20:51

By Mohmed Rehan & Ahmed Lahuny Export Development Authority is considering setting up an electronic system encompassing a wide ranging data about...
NIB to inject EGP1bn into Egypt's first sovereign fund

Tuesday 26/06/2018 19:44

By Ahmed Ashour Egypt's National Investment Bank is poised to inject EGP1bn into its sovereign fund whose paid-up and authorized capitals are planned...
Masary eyes EGP10bn operations late this year

Tuesday 26/06/2018 18:49

By Mostafa Talaat Masary, a smart payment systems company, aims at doubling values of its annual operations to EGP10bn by the year end upon the acquis...
Banks saw dipping profitability indicators in 1st quarter: CBE

Tuesday 26/06/2018 17:26

By Sayed Badr Indicators tracking profitability of Egyptian banks in the first quarter of this year  retreated, as return on assets has plummete...
Egypt set to commission $625m wind farm

Tuesday 26/06/2018 14:13

TradeArabia: Egypt is set to inaugurate one of the largest wind power farms in the world with an overall capacity of 580 megawatts (MW) and built at ...
GDP hit EGP 8bn IN 2016/2017 budget, Finance Ministry

Tuesday 26/06/2018 14:04

By Maha Abu Wedn The monthly financial report issued by the Ministry of Finance to measure the performance of financial performance up to the beginn...
Orascom Development sells land plot in El Gouna, worth $ 1mn

Tuesday 26/06/2018 14:02

Orascom Development Egypt (ORAS.CA), General Assembly  has agreed to sell a 7955 square meter plot of land in El Gouna to Business Park One, wor...
Egypt has implemented bold reform program that seeks the people’s support, minister

Tuesday 26/06/2018 13:59

Al-Mal Minister of Planning, Follow-up and Administrative Reform, Dr. Hala Al-Saeed addressed the roundtable titled "The Macroeconomic Context in Egy...
Offering public sector companies on EGX shortly is improbable, minister

Tuesday 26/06/2018 13:19

By Maha Abu Wadn: Minister of Finance Mohamed Maeet said that state-owned companies IPOs program requires more time, adding that executing any IPO is...