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Business - Markets & Companies
12/28/2023 4:49:09 PM
The Egyptian Exchange (EGX) indices ended in the green on Thursday, as trading resumed on the shares of Misr Fertilizers Production Co. (MOPCO) company after three days of suspension.

Business - Markets & Companies
12/28/2023 1:40:49 PM
The Egyptian Exchange (EGX) announced on Thursday that 73.46 million shares from the major Egyptian state-owned tobacco producer Eastern Company were acquired by investors for EGP 2.05 billion ($66.55 million in the official exchange rate market).

Business - Economy
12/27/2023 8:11:30 PM
If you deal in the parallel market of the currency, you should beware of “frozen dollar” notes, which are invalid currency with deactivated serial numbers.

Sports - World
12/27/2023 7:45:55 PM
Mikel Arteta has said Arsenal are ready to enter the January transfer market should their squad remain as "exposed" in recent times.

Business - Markets & Companies
12/27/2023 4:50:10 PM
Gold prices are still rising as the market faces a state of instability and confusion. The price of the gold pound coin exceeded EGP 26,160, which is almost thousands of pounds more than its historic highs.

Business - Markets & Companies
12/26/2023 3:32:46 PM
The Egyptian Exchange (EGX) indices shrugged off some of their gains on Tuesday. However, gold prices are making history, as the gold pound coin gained more than EGP 1,000 in one day, reaching a record level of EGP 26,080.

Business - Economy
12/26/2023 11:01:15 AM
Asian markets were steady in holiday-thinned trading on Tuesday, with some markets in the region closed for holidays.

Business - Markets & Companies
12/25/2023 4:02:07 PM
The Egyptian Exchange (EGX) indices rebounded on Monday after starting the week in the red territory, while gold prices continued to rise breaking new levels.

Business - Economy
12/25/2023 11:26:24 AM
Asian shares were mostly higher on Monday after Wall Street capped its eighth straight winning week with a quiet finish following reports showing inflation on the way down and the economy potentially on the way up.

Business - Economy
12/24/2023 3:36:03 PM
The Egyptian Exchange (EGX) indices tumbled at the first session of the week and the market cap lost EGP 18 billion.

Business - Economy
12/21/2023 10:23:57 PM
Benchmark U.S. crude oil for February delivery fell 33 cents to $73.89 per barrel Thursday. Brent crude for February delivery fell 31 cents to $79.39 per barrel.

Business - Markets & Companies
12/21/2023 7:06:22 PM
The Egyptian Exchange (EGX) was subject to fluctuations that verged on losses during the week that ended on 21 December as investors anticipated the interest rates decision.

Business - Markets & Companies
12/21/2023 3:16:26 PM
The Egyptian Exchange (EGX) indices ended in the red on Thursday and the market cap lost EGP 21 billion.

Business - Economy
12/20/2023 4:53:36 PM
Egypt's General Authority for Supply Commodities (GASC) has imported 50,000 tons of raw sugar to be delivered in February 2024 amid an alarming price increase in the local market, according to a Cabinet statement on Wednesday.

Business - Markets & Companies
12/20/2023 3:57:18 PM
The Egyptian Exchange (EGX) ended Wednesday in the red, marking the second loss in a row. Gold, on the other hand, soared with the price of the 24-carat gram approaching a new peak of EGP 3,400.

Business - Economy
12/20/2023 1:59:04 PM
Egypt has initiated negotiations with India to explore the possibility of issuing rupee-denominated bonds in the Indian markets, Minister of Finance Mohamed Maait said during a press conference on Wednesday.

Business - Economy
12/20/2023 1:52:10 PM
The attack against ships in the Red Sea and speculation regarding potential interest rate cuts by the Federal Reserve pushed oil prices higher after reaching the lowest level in six months, according to Kamco Invest’s Oil Market Monthly Report released on Wednesday.

Advertising - Sponsored
12/20/2023 1:51:14 PM
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Business - Markets & Companies
12/19/2023 3:23:37 PM
The Egyptian Exchange ended in the red territory on Tuesday after two green sessions in a row. On the other hand, gold prices jumped.

Business - Markets & Companies
12/18/2023 4:14:50 PM
The Egyptian Exchange (EGX) indices closed Monday in the green territory, marking the second positive session in a row, while the market cap gained EGP 28 billion.

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