Year: 2016

Devaluation of Egyptian pound increases EGX’s hopes for restoring ‘hot money’

Investment, initial public offering (IPO), and securities promotion managers have conflicting opinions…

Mohamed Ahmed

The Arabic Titanic: first Egyptian online film fails to impress

Religious feasts have always been a good season for filmmakers to release…

Rana Khaled

Explosion rattles Chelsea neighbourhood of Manhattan

A loud explosion has shaken the busy Chelsea neighbourhood of Manhattan in…

Deutsche Welle

Experts advise government to offer controlling stake in upcoming IPO programme

Stock market experts maintain that government will secure only temporary financing if…

Mohamed Ahmed

EGX seeks to restore its role in financing economic growth amid economic, political challenges

The recent financial indicators clearly reflect the severe recession experienced by the…

Daily News Egypt

Stock market surpassed itself in supporting growth despite economic slowdown: EGX chairperson

Mohammed Omran, chairperson of the Egyptian Exchange (EGX), said that the stock…

Mohamed Ahmed

Two revolutions and a US dollar crisis dilute funding development dream of EGX

EGX peaked in 2008 when its market capital recorded unprecedented levels, but…

Mohamed Ahmed

4.5% increase in number of jetties in Damietta port in July

Inbound container ships decline by 3,450, compared to 2015

Mohamed Alaa El-Din

Health Ministry refuses to refer EGP 1.6bn of cigarettes tax to GAHI

The authority will not obtain EGP 5bn before the first half of…

Abdel Razek Al-Shuwekhi

EGPC paid $480m of bank instalments to EDCO

The Egyptian General Petroleum Corporation (EGPC) paid approximately $480m in bank instalments…

Mohamed Adel