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A member of Egypt's richest family, Sawiris is chairman of Orascom Development Holding, which operates tourist resorts and real estate projects in Egypt and Europe. (Wikimedia Commons)

February 23rd, 2017 - 11:00 GMT

Egypt's currency devaluation a success, but investment will take time: Sawiris

Egyptian billionaire Samih Sawiris says that the country's currency flotation has increased the appetite for investments in Egypt, but economic recovery will take time.

The main EGX30 index fell 2.01 per cent to sit at 5,495 points. Its gains since the beginning of the year dropped to just 0.6 per cent.

January 30th, 2013 - 05:29 GMT

Exodus of foreign investors drives Egypt stocks down

Egyptian stocks suffered on news of the rail disaster in which 19 people died

January 16th, 2013 - 04:00 GMT

Egyptian stocks suffer on rail crash

Egyptian stocks responded well to the possibility of reconciliation of Mubarak-era financial corruption

January 15th, 2013 - 04:00 GMT

Egyptian stocks respond well to talk of possible "reconciliation"

The stock market in Cairo responded well to new currency controls

January 3rd, 2013 - 04:00 GMT

Egypt's stocks respond well to currency controls

2021 saw the Egyptian stock market reacted to the turbulent political scene in the country

January 2nd, 2013 - 09:23 GMT

A retrospective of the Egyptian stock market's 2012

Stocks on the Egyptian bourse remained calm in light of positive political news

December 13th, 2012 - 03:00 GMT

Egyptian stocks steady

"Black Sunday" for Egypt's economy after Morsi's power grab

November 25th, 2012 - 11:56 GMT

Egypt's economy in trouble on 'Black Sunday'

The stock marker in Egypt responded positively to the news of the IMF deal

November 22nd, 2012 - 10:43 GMT

Egypt's stocks rebound over IMF deal

November 19th, 2012 - 09:08 GMT

Stocks in Egypt on the slide over Gaza and rail accident

Egypt's stock exchange rebounds after losses

October 4th, 2012 - 07:54 GMT

Egypt's stock exchange bounces bank

Stock market woes in Egypt as fears grow over the currency and military action in Syria

October 2nd, 2012 - 01:30 GMT

Egypt's stock market crashes as fears over the currency and military action in Syria worry investors

Egyptian markets are finishing the week down, after gains that shrugged of the violent protests in Cairo

September 20th, 2012 - 11:34 GMT