Ordinary shares of Cleopatra Hospital Company S.A.E. (stock code: CLHO) began trading on the Egyptian Exchange (EGX) on Thursday, opening at EGP 9 per share, according to a press statement.

Beltone Financial Holding (BTFH.CA), a leading Egypt-based investment bank announced today that it has signed an agreement to acquire 51% of Auerbach Grayson & Company, LLC, a New York based brokerage firm specializing in global trade execution and exclusive in-depth research on developed, frontier and emerging markets for U.S. institutional investors.

The Egyptian Stock Exchange will reduce its main daily trading time by one hour during Ramadan, it announced Monday on its website.

Egypt's main index, EGX30, inched down 0.16 percent to 7,531 points and daily stock turnover reached EGP491.5 million on Thursday.