Egypt's Index EGX30 up for fourth day, gaining 1 percent
Egypt’s benchmark EGX 30 Index (EGX30) rose for a fourth day, gaining 1 percent to 4,867.75 at the 2:30 p.m. close in Cairo. The measure has increased 1.1 percent this week.
The following shares were active on the Egyptian Exchange. Stock symbols follow company name.
Amer Group Holding (AMER) rose for the first time in six days, gaining 1.6 percent to 65 piasters. The developer and operator of resorts and restaurants opened the first phase of its Porto Matrouh project, near the Mediterranean city of Marsa Matrouh, Al Alam Al Youm reported.
Maridive & Oil Services SAE (MOIL) , an offshore support services company, increased 1.9 percent, the most in more than two weeks, to $1.09. Oil futures rose for a seventh day, climbing as much as 1.5 percent to $91.25 a barrel. That’s the highest intraday level since May.
South Valley Cement (SVCE) surged 8.4 percent, the most since March 2011, to 3.6 Egyptian pounds. The Cairo-based producer of the building material plans to buy back 24.2 million shares at 3.7 pounds each from today to July 25.
BBC SportWhen it's put to him that he might be the most talented athlete in the world to hold a racquet, a bashful Ramy Ashour admits "that's pretty great".The 25-year-old Egyptian is more than just the current squash world number one - his elastic, unorthodox brilliance and charisma could be the key to squash breaking out beyond its four walls and regaining a place on the wider sporting
Ministers in Prime Minister Hisham Qandil's cabinet following the recent reshuffle (new appointees are in italics): 1. Minister of Agriculture Ahmed Mahmoud Ali El-Gizawi2. Minister of Antiquities Ahmed Eissa3. Minister of Aviation Wael Maadawi4. Minister of Communication Atef Helmy5. Minister of Culture
AP— April 15, 2013: Two bombs explode in the packed streets near the finish line of the Boston Marathon, killing three people and injuring more than 140.— January 17, 2011: A backpack bomb is placed along a Martin Luther King Day parade route in Spokane, Washington, meant to kill and injure participants in a civil rights march, but is found and disabled before it can explode. White
The convenient marriage between Iran and the Arab left would have been unthinkable only a few years ago, given the traditional ideological paradoxes between patriarchal Persian Shiism, on the one hand, and leftist orthodoxy on the other.Indeed, a casual viewer of Hizbullah's Al-Manar television, or the Iranian-funded Al-Mayadin TV, these days would probably think that the two Shia propaganda