Wall St inches up with financials; earnings in focus

Tue, Oct. 17, 2017

All three major U.S. stock index rose to record closing highs on Monday, with the Dow Jones Industrial Average less than 50 points below 23,000.

Busy IPO season beckons for Cairo as reforms yield results - Bloomberg

Mon, Oct. 16, 2017

Egypt's stock market is shaping up to be the Middle East's hot spot for initial public offerings next year, Bloomberg said in a report Monday.

Italian amb. discusses Egypt's national project of silos

Mon, Oct. 16, 2017

Ali Moselhy met with Giampaolo Cantinion after delivering his credentials as the new ambassador of Rome to Egypt.

China data boosts world stocks and copper; oil jumps

Mon, Oct. 16, 2017

World stocks rose on Monday and copper touched a three-year high as upbeat Chinese data drove optimism about the China's economy, as oil prices jump.

London to remain global financial center after Brexit - UK's Hammond

Mon, Oct. 16, 2017

UK Chancellor of the Exchequer Philip Hammond on Monday said he is confident London would remain a global financial center.

Supreme Court to hear US-Microsoft digital privacy case

Mon, Oct. 16, 2017

The US Supreme Court announced Monday it will hear a landmark privacy case which sees the Trump administration up against computing giant Microsoft.

EGX loses LE16.8bn, all indexes fall back

Mon, Oct. 16, 2017

The Egyptian Exchange indexes posted collective losses at the close of Monday's trading, backed by selling by foreign institutions and investment funds.

Mamish: Western part of Suez Canal's floating bridge installed

Mon, Oct. 16, 2017

Head of the Suez Canal Authority and the Suez Canal Economic Zone Mamish announced the installing of the western part of a floating bridge in Ismailia.