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The Egyptian stock market stopped trading for half an hour at the beginning of Thursday's session after stocks hit the maximum percentage increase in the first few minutes of trading.
The market value of Egyptian stocks climbed by LE14.4 billion in the first minute of Thursday's session as the EGX30 index ratcheted up to 6.3 percent, reaching 5288 points.
The value of traded stocks reached around LE4.421 with a volume of trading of 1.199 million stocks traded in 457 transactions.
Atef Yassin, the head of the stock market, said political developments in Egypt look set to have positive impacts on the market in coming days and weeks.
CAIRO—It has been a bad week for pounds. The Egyptian pound hit a record low against the dollar on the black market Wednesday after the North African country’s central bank failed to devalue the...
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Well if I owned Facebook or Microsoft one could be less me me me until then.....
As there are 7 people working with me its a little less me.
An Egyptian court on Thursday convicted 37 people on charges related to illicit trading in human organs and sentenced them to prison terms ranging from three to 15 years in jail, witnesses said.
The...
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I have an Electric Wurlitzer, complete with all foot peddles and the synthesizer, to trade, beyond that my gift of life will be West bound...
Egypt has suspended hot air ballooning rides over ancient sites in Luxor after strong winds took 11 tourists off course the day before and forced them to land in the country's southern desert.
The Central Bank of Egypt announced on Wednesday that the country’s banks will be closed on Thursday following deadly violence, Al-Ahram Arabic news website reported.
Egypt will begin halting rice exports in order to pre-empt a domestic supply shortage, as the government needs around 1.4 million tonnes of rice to distribute through its subsidy cards.
According...
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So, in short we can expect farmers next year to be growing anything other than rice or grain, to ensure a decent return for their product, this will only be possible where it is able to guarantee an...
