Egypt stocks saw another bout of mild losses on Monday as political turmoil and the prospect of ongoing protests took a further toll on market volume.
The benchmark EGX30 slipped 0.35 per cent to 4,610 points, taking it closer to a three-month low. (...)
Egyptian stocks climbed to their highest level in a month as investors reacted positively to new government initiatives to resolve legal disputes involving several of the country's leading firms.
The benchmark EGX30 saw gains for its fifth (...)
Egypt's stock exchange finished a full week of losses on Thursday, as concerns over a new wave of mass protests combined with poor third-quarter results for local firms to pull the main index to its lowest level in five weeks.
The benchmark EGX30 (...)
Standard and Poor's is maintaining its high-risk assessment of Egypt's banking sector due to political and economic uncertainty, the credit ratings agency said on Wednesday.
S&P's has given Egypt's banks a Banking Industry Country Risk Assessment (...)
Egypt's major stocks bounced back into the green on Wednesday as institutions took heart from preparations for parliamentary elections and seemed to shrug off Standard and Poor's downgrade of the country's credit rating.
The benchmark EGX30 (...)
Egyptian BlackBerry services spluttered back into life on Thursday after three days of outage, as mobile operators appeared ready to offer compensation to affected users.
Services also improved significantly across the rest of the Middle East, (...)
Egyptian stocks trimmed recent losses on Tuesday as market forces rode out fears of political instability, with sustained interest by regional investors pushing both market indices firmly into the green.
The benchmark EGX30 finished the session up (...)
The World Development Report's newest edition explains how discrimination against women in pay and persistent workplace inequalities are hurting productivity in Egypt and neighbouring countries
Egypt and the rest of the Middle East and North Africa (...)
Economic and political developments in the US and the euro zone are weighing on investor appetite and jeopardising global growth which could have a long-term effect on the Middle East and North Africa region, claims research from an international (...)
The weekend's attack on protesters in Abbassiya is the latest setback for the country's tourism sector. But those working in the travel offices around Tahrir wonder how much further business can fall
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In a new report issued for World Day Against Child Labour, the International Labour Organisation (ILO) has warned that a staggeringly high number of children are still caught in hazardous work – some 115 million of the world's 215 million child (...)
Egypt is sending clear signs that it is safe for foreign investment, the chairman of private equity firm Citadel Capital has told Ahram Online, describing the latest political turmoil as "bumps along the road" to an eventual recovery.
"Short-term (...)
Hani swears his wages were under the satellite box.
They were just 400 Egyptian pounds (US$67) -- payment for a month of piecemeal work rigging TV dishes in the northern Cairo district of Shubra El-Kheima – but now they'd gone.
Sitting in his (...)
In September 1980 the Turkish military rolled out the tanks and seized control of a country wracked by student and labour protests, bitter political divisions and mass insecurity. The economy was floundering amid large-scale unemployment and a (...)
Egypt stopped short of backing a candidate to head the International Monetary Fund on Sunday, as French finance minister Christine Lagarde visited Cairo as part of a whirlwind tour of emerging countries aimed at drumming up support for her (...)
Egyptian food prices have rocketed more than 12 per cent over the last year, with analysts pointing to a 'perfect storm' of problems, including stalled domestic production, poor market regulations and spiralling import bills, fed by a faltering (...)
Egypt's Minister of Manpower has fended off protests from the business community over plans to update the country's minimum wage, saying there is enormous popular pressure for the move.
Speaking at a economics workshop in Cairo on Tuesday, Ahmed (...)
Trade not just aid will be the backbone of new US economic policy in the Middle East, said the US president on Thursday.
"Drawing from what we've learned around the world, we think it's important to focus on trade, not just aid; and investment, (...)
The United States will relieve up to US$1 billion of Egypt's debt, US President Obama announced today.
"We don't want a democratic Egypt to be saddled with debt," he said during his live address from the State Department.
Obama also (...)
Egyptian resort developer Amer Group Holdings is handing back undeveloped land in northwestern Egypt and freezing sales in a showpiece Syrian project as high-end real estate slumps on the back of regional unrest.
Amer Group announced Monday the (...)
Egypt's stock exchange saw sluggish trade when it restarted Tuesday after a four-day holiday weekend as large-scale investors stepped back from further political uncertainty leaving speculative buyers to pick up the slack.
The benchmark EGX30 (...)