Egypt

EGX indices shut on mixed note amid retail sell-offs; small caps in lime light
EGX indices shut on mixed note amid retail sell-offs; small …
Posted 3 days ago

Indices of the Egyptian Exchange (EGX) ended Sunday’s session with a varying performance, amid selling pressures from retail traders.The benchmark index EGX30 offset its early gain to end 0.10% or…

CBE auctions EGP6.5 bln in treasury bills
CBE auctions EGP6.5 bln in treasury bills
Posted 3 days ago

The Central Bank of Egypt (CBE) auctioned on Sunday EGP 6.5 billion in treasury bills.91- day treasury bills were sold at a value of EGP 2.5 billion. Average yield amounted…

NILEX shares end mixed; index rises 0.6%
NILEX shares end mixed; index rises 0.6%
Posted 3 days ago

The Nile Exchange (NILEX) index ended today’s session with a gain by as much as 0.60% to 796.67 points.Out of the 17 stocks that changed hands today, 7 moved higher,…

Egyptian Starch files with EGX for capital increase
Egyptian Starch files with EGX for capital increase
Posted 3 days ago

Egyptian Starch and Glucose Co. said it submitted a disclosure report to The Egyptian Exchange (EGX), requesting an approval on increasing issued capital by EGP 84.815 million to EGP 583…

Delta Printing 6M profit slips 36% to EGP6.7 mln
Delta Printing 6M profit slips 36% to EGP6.7 mln
Posted 3 days ago

The board of Delta Printing & Packaging Co. endorsed financial indicators for the six-month period that ended on June 30, 2013, showing that net profit fell 36% to EGP 6.7…

El Ahram Printing H1 profit falls 11% y/y to EGP3.9 mln
El Ahram Printing H1 profit falls 11% y/y to EGP3.9 mln
Posted 3 days ago

The board of El Ahram Co. For Printing And Packing (EPPK) endorsed financial indicators for the six-month period that ended on June 30, 2013, showing that net profit fell 11%…

Egypt gov’t to inject EGP1 bln into tourism sector
Egypt gov’t to inject EGP1 bln into tourism sector
Posted 3 days ago

Egypt's tourism and finance ministries have agreed to inject EGP1 billion worth of funds to support the tourism sector, in reparation for recent cuts in fuel subsidies, according to Ahram…

Arab Drug FY13/14 profit soars to EGP3.2 mln
Arab Drug FY13/14 profit soars to EGP3.2 mln
Posted 3 days ago

The board of Arab Drug and Chemical Industries approved financial results for the fiscal year 2013/2014, which showed a surge by 927% in net profit to EGP 3.2 million, compared…

BIG Trade rights issue covered 89.4%
BIG Trade rights issue covered 89.4%
Posted 3 days ago

The rights issue of BIG Trade and Investment was covered by 89.4%, with a total of 13.409 million shares, out of 15 million offered shares, subscribed, said an official source…

Giza General Contracting files with EGX for capital hike
Giza General Contracting files with EGX for capital hike
Posted 3 days ago

Giza General Contracting and Real Estate Investment Co. announced submitting a disclosure report to the Egyptian Exchange (EGX), requesting an approval on increasing the company’s issued capital to EGP 88.2…

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God supports those who will vote for the constitution: former grand mufti

admin, December 17, 2013

Egypt - Egypt Top Stories

In statements made on Monday, former Grand Mufti Ali Gomaa has urged citizens to vote for the constitution, saying that “God will support them.
2014 will be the year we eradicate illiteracy: Education minister

admin, December 17, 2013

Egypt - Egypt Top Stories

Education Minister Mahmoud Abul Nasr has said that 2014 will be the year illiteracy would be eradicated, targeting three million illiterates.
Hundreds demonstrate outside cabinet building

admin, December 17, 2013

Egypt - Egypt Top Stories

Hundreds of political activists belonging to the 6 April Movement, the rebels and the social revolutionary movements demonstrated outside the cabinet building to commemorate the s...
Cabinet’s information center files report over suspicions of public money embezzlement

admin, December 16, 2013

Egypt - Egypt Top Stories

Public prosecutor and administrative prosecution authority chief received a report from cabinet’s Information and Decision Support Center (IDSC) leading judicial sources to ...
Alexandria prosecution accuses 29 suspects of trying to smuggle prisoners

admin, December 16, 2013

Egypt - Egypt Top Stories

Troops in Alexandria thwarted an attempt to smuggle 40 inmates while returning from court to Borg al-Arab Prison on Sunday, as three vehicles with masked gunmen intercepted t...
Clashes break out between police, Brotherhood students near Defense Ministry

admin, December 16, 2013

Egypt - Egypt Top Stories

Clashes erupted on Sunday between police and Ain Shams University students, affiliated to the Muslim Brotherhood, near the Defense Ministry.

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