Year: 2016

EGP devaluation: did the market misunderstand Amer or was confusion intended?

Amer had ruled out devaluation of the Egyptian pound before exchange reserves…

Hossam Mounir

MSCI achieves strong 4.7% increase in past week’s trading

MSCI index registered a remarkable increase of 4.7%, rising from 828.84 points…

Daily News Egypt

Yemen peace talks resume in Kuwait City

Yemen's internationally-backed government and Shiite Houthi rebels have resumed peace talks in…

Deutsche Welle

Gulf markets see all-round increases in past week’s trading

Saudi Arabia ranked third with an increase of 2.5% to 6661.65 points,…

Daily News Egypt

New exchange rates drive up Egypt Duty Free revenues by 13.7% despite tourism slump

Egypt Duty Free’s activity is influenced greatly by the movement of foreign…

Mohamed Ahmed

InterCairo Aluminum to float 30% of shares in EGX during December

InterCairo Aluminum Industry awaits approval from the Egyptian Exchange to begin the…

Mohamed Ahmed

13,900 foreign workers in private, investment sectors in Egypt in 2015: CAPMAS

The manufacturing business obtains the majority of these foreign workers

Hossam Mounir

Foreign investors conclude project agreements on EGP 12-13 dollar rate

Foreign companies seeking to invest in Egypt traded based on prices that…

Mohamed Ahmed

Anonymous gunmen kill police officer in Fayoum

Interior Ministry vows to arrest perpetrators

Daily News Egypt

CVR, FDR tapes confirm fire occurred on EgyptAir flight MS804 before crash: investigators

It’s too early to identify the exact location and time of the…

Daily News Egypt