Egypt shares extend sideways, await new stimulus

EGX30 lost 0.5% in a week to close around 13,400 points

Elsayed Solyman Elsayed Solyman

Earnings and company news you should know about in the past week

North Cairo Mills profits soars 163% in FY16/17 The financial indicators of North Cairo Flour Mills showed a rise in profits by 163% year-on-year in fiscal year 2016/2017, according to…

Daily News Egypt Daily News Egypt

Factors to watch in Egypt’s stock market in the week ahead

When Egypt’s stock market starts trading on Sunday 6 August, most investors should be watching the following factors in the week ahead, while some companies hold their ordinary general meetings…

Daily News Egypt Daily News Egypt

Industry Ministry plans to use German experts to develop new automotive industry strategy

Egyptian Auto Feeders Association (EAFA) refuses to hire foreign experts, describing the step as "a waste of time and money"

Ahmed Amer Ahmed Amer

Suspect arrested in Luxor attack 

Militants fired at the police checkpoint when their car was being searched, three suspects still at large

Adham Youssef Adham Youssef

Government raises drinking water bills in August

The first consumption segment costs 45 piastres per cubic metre, while the fifth costs 215 piastres per cubic metre

Mohamed Ayyad Mohamed Ayyad

Egypt dismisses Qatari allegations of using membership to ‘achieve political purposes’

Qatar’s mission to UN says Egypt uses its membership in issues not related to the UN Security Council’s work

Mohammed El-Said Mohammed El-Said

Shoukry, Ghandour chair third round of political consultations between Egypt and Sudan

They tackled consular issues to clear all obstacles hindering citizens’ mobility between the two countries

Daily News Egypt Daily News Egypt

Al-Warraq residents face criminal court

Accusations of using force against public officials following clashes with security forces in July

Daily News Egypt Daily News Egypt

Zohr fields to begin production before end of 2017

Total expenditure in the Zohr field amounted to $3.8bn

Mohamed Ayyad Mohamed Ayyad