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The origins of Egypt's stock exchange can be traced back to 1883 with the establishment of the first futures market in Alexandria. By 1899, under the rule of Khedive Abbas II, the exchange relocated to a new premises on Muhammad Ali Square, today known as El Manshiyya. In 1902, the Brokers' Syndicate was formed, setting the initial regulations ...
Change in per capita GDP of Egypt, 1820–2018. Figures are inflation-adjusted to 2011 International dollars. From the 1850s until the 1930s, Egypt's economy was heavily reliant on long-staple cotton, introduced in the mid-1820s during the reign of Muhammad Ali (1805–49) and made possible by the switch from basin irrigation to perennial, modern irrigation. [25]
EGX 30, [1] previously named CASE 30 Index, is a stock market index for securities in Egypt, designed and calculated by EGX. EGX started disseminating its index on 2 February 2003 via data vendors, its publications, web site, newspapers etc. The start date of the index was on 2/1/1998 with a base value of 1000 points.
Egypt's index fell sharply on Monday, pulled down by its blue-chip shares, while Qatar's index was lifted by its financial stocks. The Egyptian blue-chip index dropped 1.2 percent, with 26 of its ...
Saudi Arabia's stock market rose on Tuesday as major banks rose on recovering oil prices, while Egypt's blue-chip index hit a five-month high, helped by its top lender Commercial International Bank.
Getty Images U.S. stocks reversed early gains Tuesday, after news reports of political turmoil in Egypt overshadowed upbeat news about the nation's economy. News that Egypt's military had drawn up ...
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