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EGX seeks to increase competitiveness by lowering entrance fee
(AFP File Photo / Khaled Desouki)

EGX30 expected to continue moving sideways to 7,800-8,020 points: analysts

Technical analysts predicted that the Egyptian Exchange (EGX) would move sideways, leaning towards a decline, amid decreasing trading volumes this week. Moreover, they said the index should range between 7,800 and 8,020 points. They recommended that dealers and investors take advantage of this predicted decline over the first few sessions of the week to buy …

Daily News Egypt

CEO of Noor Data Network, Basel Dalloul, and Chairman Fadi Jundi plan to form a consortium of internet service providers to face TE Data’s domination of the broadband market. 

(Photo Handout to Daily News Egypt)

Noor renews online licence until 2020

Noor Data Network renewed its A Class internet licence for five more years to end in 2020. According to CEO of Noor Data Network, Basel Dalloul, the renewal of the internet licence will reflect positively on the company’s operations through increased investments and customer numbers. Noor acquires the largest share of ADSL given to companies …

Daily News Egypt

The Global Innovation Index (GII) ranked Egypt 107 out of 128 countries in terms of progress in innovation

Who leads the world in creativity and innovation in 2016?

The Global Innovation Index (GII) ranked Egypt 107 out of 128 countries in terms of progress in innovation. According to the 2016 report, Egypt received 26 points in creativity and innovation globally, leading up to a number of African countries, such as Tanzania, Senegal, Namibia, Botswana, and Mozambique. Switzerland topped the ranking by obtaining 66.3 …

Daily News Egypt