Korea’s Sunwoo Kim and Guatemala’s Charles Fernandez win at 2016 Junior World Modern Pentathlon Championships
The 2016 Junior World Modern Pentathlon Championships was held at Cairo International Stadium from 12-18 September, at which South Korea’s Sunwoo Kim and Guatemala’s Charles Fernandez were crowned this year’s…
Egypt hopes soccer will help polish its tarnished image
An Egyptian businessman with close ties to general-turned-president Abdel Fattah Al-Sisi has submitted a bid for the broadcasting rights of the Confederation of African Football (CAF) in a move that…
Devaluation of Egyptian pound increases EGX’s hopes for restoring ‘hot money’
Investment, initial public offering (IPO), and securities promotion managers have conflicting opinions over whether the devaluation of the Egyptian pound has restored the Egyptian Exchange's (EGX) attractiveness for foreign investors,…
The Arabic Titanic: first Egyptian online film fails to impress
Religious feasts have always been a good season for filmmakers to release new movies and make profits. People wait for Eid Al-Fitr and Eid Al-Adha to take a short vacation…
Explosion rattles Chelsea neighbourhood of Manhattan
A loud explosion has shaken the busy Chelsea neighbourhood of Manhattan in New York City, injuring 29 people
Experts advise government to offer controlling stake in upcoming IPO programme
Stock market experts maintain that government will secure only temporary financing if it insists on offering minority shares in the stock market and retains management rights
EGX seeks to restore its role in financing economic growth amid economic, political challenges
The recent financial indicators clearly reflect the severe recession experienced by the Egyptian Exchange (EGX) over the past 10 years. Additionally, the EGX's inability to perform its essential role in…
Stock market surpassed itself in supporting growth despite economic slowdown: EGX chairperson
Mohammed Omran, chairperson of the Egyptian Exchange (EGX), said that the stock market played a vital role in supporting the country’s economic development despite Egypt's slow economic growth. The stock…
Two revolutions and a US dollar crisis dilute funding development dream of EGX
EGX peaked in 2008 when its market capital recorded unprecedented levels, but it gradually receded due to sharp political and economic fluctuations
4.5% increase in number of jetties in Damietta port in July
Inbound container ships decline by 3,450, compared to 2015
