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Cairo Stock Exchange World
News
- Egypt in mourning after 74 killed in football tragedy
CAIRO - Egypt began three days of mourning on Thursday after 74 people were killed in an eruption of violence at a football match that sparked new anger against the military rulers for failing to ensure security.
cairo stock exchange 08 Feb 2012 - Egypt stocks surge after uprising anniversary
Egypt's stock market posted its strongest gains in about 10 months, with the benchmark index rallying over 7 percent on Thursday as the peaceful passing of the one-year anniversary of the uprising that ...
cairo stock exchange 08 Feb 2012 - Egypt ETF Rallies 30% to Start 2012
After declining almost 50% as a result of political and economic uncertainty in 2011, Egyptian equities and the related stock exchange traded fund have vaulted 30% so far this year. Van Eck?s Market Vectors ...
cairo stock exchange 08 Feb 2012 - Leading Business Intelligence on the Middle East & North Africa
Investors put a stop to a month-long rally on the Egyptian stock exchange on Thursday, responding to deadly riots with a sell off that saw the benchmark EGX30 index fall by 2.2 per cent.
cairo stock exchange 08 Feb 2012 - Facebook gave Arab Spring a tool to organise
CAIRO (AFP) - Arab activists had long dreamed of revolt, but to dislodge their decades-old autocracies, and amid a widespread crackdown on street protests, they needed a tool and a space to organise. Enter Facebook. Related Stories Israel: Iran could be nuclear within year 4 UK men admit London Stock Exchange bomb plot UN's Ban urges Israel settlement freeze UN members face historic choice on ...
cairo stock exchange 08 Feb 2012 - Telecom Egypt plans dividend on deferred profits
CAIRO (Reuters) - Landline monopoly Telecom Egypt plans to issue a dividend of 30 piastras per share on deferred profits, the company said in a statement via the stock exchange on Tuesday. The dividend would be issued in addition to any regular pay-out on 2011 earnings. Telecom Egypt has spent years trying to expand beyond voice and data services into mobile telecoms using its substantial cash ...
cairo stock exchange 08 Feb 2012 - Egypt's Efg-Hermes drops 5.7 pct after CEO travel ban
CAIRO (Reuters) - Shares in EFG-Hermes, Egypt's biggest investment bank, plunged 5.7 percent at the opening of the market on Monday and trading was suspended after its chief executive Yasser el Mallawany was banned from leaving Egypt. Egyptian airport authorities prevented Mallawany from traveling to the Emirates on Sunday when it was discovered his name was among a list of Egyptian officials ...
cairo stock exchange 08 Feb 2012 - Beltone chairman to sell stake: Egypt bourse
CAIRO (Reuters) - The chairman of Beltone Financial has agreed to sell his 20 percent stake in the Egyptian investment bank to Arabiyya Lel Estithmaraat (AIC), the stock exchange said on Wednesday. "It was agreed that AIC will buy 20 percent of the company's (Beltone) shares owned by the chairman," the bourse said in a statement. AIC is an Egyptian investment firm. AIC said in an emailed ...
cairo stock exchange 08 Feb 2012 - EFG-Hermes Holdings - Statement re CEO Travel Ban
Clarification In respect to the Egyptian Stock Exchange (EGX) letter to EFG Hermes regarding the travel ban on Mr. Yasser El Mallawany, CEO of the Company; the Company would like to confirm that Mr. El ...
cairo stock exchange 08 Feb 2012 - Egypt mourns deaths amid calls to fire interior minister
Egypt started three days of mourning on Thursday after 74 people died in clashes following a soccer match last night. The riots in the northern city of Port Said marked Egypt's deadliest incident in football history and sent shares on the Cairo stock exchange plunging 2.14 percent on Thursday.
cairo stock exchange 08 Feb 2012
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