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EGX Loses EGP1. bn, Main Index 0.28% Down
Egypt >> 10/15/2012 - The Egyptian Exchange (EGX) suffered collective losses at the close of trading on Sunday over massive selling operations by Egyptian investors. The market capital lost to EGP1.6 billion to reach EGP 3...
Egypt Stocks Chart Mild Gains on Mobinil Payment
Egypt >> 10/16/2012 - Egyptian stocks edged into the green after news of a foreign telecoms deal stoked buying interest, hit in recent days by political uncertainties. The benchmark EGX30 closed up 0.05 per cent at 5,715.3...
ESE Gains LE 800 mn, Main Index up
Egypt >> 10/17/2012 - The Egyptian Stock Exchange (ESE) has gained LE 800 million at the closing session on 16/10/2012 trading with a collective bullish trend of all indexes on the backdrop of massive purchases by Arab and...
Egypt's Bourse Gains EGP 2 Billion This Week
Egypt >> 10/20/2012 - Egypt's bourse gained EGP 2 billion for the second week in a row. The main benchmark EGX 30 index rose by 1.11 percent to 5,803 points. The broader EGX 70 index of the leading smaller and mid cap ente...
Egypt Stocks Close Week down 0.1 pct
Egypt >> 10/21/2012 - Egyptian stocks slipped back into the red as domestic investors battened down the hatches in advance of another mass protest on Cairo's Tahrir Square. The benchmark EGX30 index slid 0.3 per cent to cl...
Egyptian Stock Exchange Loses LE3.6 bn
Egypt >> 10/22/2012 - Egyptian Stock Exchange (ESE) lost LE3.7 bn at closing on Sunday amid sales by Egyptian investment funds of selective leading shares. The EGX 30 benchmark index dropped by 1.49 per cent to close at 57...
Egypt’s State Revenues Jump by 14.5% During 2011-2012
Egypt >> 10/31/2012 - Egypt's State revenues have soared by 14.5% during 2011-2012 fiscal year to hit 303,6 billion pounds compared to 265.3 billion pounds last year, a report by the Finance Ministry showed on 30/10/2012. ...
Egypt’s State Revenues Jump by 14.5% during 2011-2012
Egypt >> 10/31/2012 - Egypt's State revenues have soared by 14.5% during 2011-2012 fiscal year to hit 303,6 billion pounds compared to 265.3 billion pounds last year, a report by the Finance Ministry showed on 30/10/2012. ...
Hatem Saleh: Increasing Support for Exports to EGP 3.1bn
Egypt >> 11/2/2012 - Industry and Foreign Trade Minister Hatem Saleh has affirmed that the ministry increased support for exports to 3.1 billion pounds. In press statements on 01/11/2012, Saleh said that his ministry is c...
DIB Reports Net Profit of AED 854 Million
United Arab Emirates >> 11/4/2012 - Dubai Islamic Bank (DIB) announced its financial results for the period ending September 30, 2012, reflecting the bank's continued focus on strengthening its core operations through optimal utilizatio...
EGX Loses EGP 7.8bn
Egypt >> 11/5/2012 - The Egyptian Exchange maintained its bearish trend at the closing of trading on 4/11/2012 prompted by sales of Egyptian and foreign investors. The bourse lost EGP7.8 billion during trading. The EGX 30...
Italy's Economy is Forecast to Shrink by 2.3% this Year
Italy >> 11/5/2012 - Italy's economy is forecast to shrink by 2.3 per cent this year and by 0.5 per cent in 2013, the statistics office Istat said, as the country continues to wallow in a recession. Istat, which revised d...
Egypt's foreign Reserves up $441 Million in October
Egypt >> 11/5/2012 - Egypt's foreign reserves rose by $441 million in October, the central bank said on its website on Monday. Net international reserves were $15.484 billion at the end of October, up from $15.043 billion...
Egypt Stocks up 1.7pct on Rising Forex Reserves
Egypt >> 11/6/2012 - Egypt stocks continued to rebound for the second consecutive day on Tuesday driven by positive news about the country’s rising foreign reserves and an anticipated settlement between the Egyptian Tax A...
ESE Gains LE 5.3 bn
Egypt >> 11/7/2012 - The Egyptian Stock Exchange (ESE) gained some 5.3 billion at the end of trading on 6/11/2012, amid intensive purchasing operations by foreign investors. The EGX 30 benchmark index inched up 1.78 per c...
Emirates Steel Increases Production By 33%
United Arab Emirates >> 11/11/2012 - Emirates Steel has announced the increase in its steel production volume by 33% through the end of Quarter 3, 2012. Owned by Senaat GHC, the Company has increased its dispatch of prime quality finishe...
Emirates Group Posts AED 2.1 Billion Net Profit
United Arab Emirates >> 11/12/2012 - The Emirates Group today announced its half yearly results posting a AED 2.1 billion (US$ 575 million) net profit for the first six months of its current fiscal year ending 30th September, up 68 per c...
Waha Capital Reports Net Profit of AED 27.5 Million
United Arab Emirates >> 11/12/2012 - Waha Capital PJSC, a company based in Abu Dhabi, reported a net profit of AED 27.5 million for the third quarter of 2012 compared with a net profit of AED 26.6 million in the same period of 2011. The ...
Annual Inflation Rate up 4.64% in October
Egypt >> 11/12/2012 - The Central Bank of Egypt (CBE) has announced that the annual inflation rate was up to 4.64% in October compared to 3.84% in September. The bank said in a statement on 11/11/2012 that the monthly infl...
CIB Sees LE610.4 Million in Profits of 2012
Egypt >> 11/14/2012 - The Commercial International Bank (CIB), Egypt's largest private bank, reported a record third quarter financial results, as net income grew by an annual 94 per cent mainly due investment in governmen...

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