Middle-east Arab News Opinion | Asharq Al-awsat

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This file photo shows traders working at the Egyptian stock market in Cairo on February 2, 2014. (Reuters/ Mohamed Abd El Ghany/Files)

No plans to privatize Egypt stock market: Chairman

by Mohamed Abdu Hassanein | Sep 18, 2014 | Business

Cairo, Asharq Al-Awsat—There are currently no plans to privatize Egypt’s stock market either in the near or distant future, according to the head of the bourse. Speaking on Wednesday on the second and final day of the 2014 Euromoney Egypt Conference in Cairo, Chairman...

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In this Saturday, March 10, 2013 file photo, Egyptian traders work on the floor of the stock market in Cairo, Egypt. (AP Photo/Amr Nabil, File)

Egypt amends new stock market law

by Abdul Sattar Hatita | Jun 3, 2014 | Business

Cairo, Asharq Al-Awsat—The Egyptian government has taken measures to ease some of the provisions from a new stock market tax law announced last week after the Egyptian Exchange (EGX) recorded its biggest daily drop in almost a year on Sunday following the...

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Undated photo of a trader at the Egyptian Exchange (EGX). (Asharq Al-Awsat)

Egypt launches index for small and mid-cap companies

by Sharif Yamani | Jan 28, 2014 | Business

Cairo, Asharq Al-Awasat—In a move to help develop Egypt’s capital markets, the Egyptian Exchange (EGX) announced on Sunday the launch of a new index for the Nile Stock Exchange (Nilex), the country’s small and mid-cap stock market. EGX Chairman Dr. Mohamed Omran said...

Media ID: 55306644
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Traders work at the Egyptian Exchange in Cairo
(Reuters/Mohamed Abd El Ghany)

Egyptian stock exchange loses USD 1 billion

by Sharif Yamani | Aug 19, 2013 | Business

Cairo, Asharq Al-Awsat–The Egyptian stock exchange fell yesterday following fears caused by the ongoing unrest, taking the index to its lowest level since mid-June. Sales by foreign investors yesterday were the cause of the decline, causing the market to lose around...