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Business
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Markets & Companies
12/3/2023 4:45:00 PM
The Egyptian Exchange (EGX) started the week with mixed performance, while the main index ended Sunday in the red territory, causing the market cap to lose EGP 11 billion.
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Business
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Economy
11/30/2023 10:43:43 PM
Benchmark U.S. crude oil for January delivery fell $1.90 to $75.96 per barrel Thursday. Brent crude for January delivery fell 27 cents to $82.83 per barrel.
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Business
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Markets & Companies
11/30/2023 9:46:52 PM
The Egyptian Exchange (EGX) saw varied performance over the week, but the corrections-driven decline in the main index led the market cap to plunge by nearly 2 percent, recording around EGP 1,677 billion.
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Business
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Economy
11/30/2023 7:30:56 PM
The USD declined slightly against the Egyptian pound in the parallel market, hovering around EGP 49.5, as the Central Bank of Egypt (CBE) injected $2 billion to regulate the market, a source from the import sector who preferred not to be named told Ahram Online on Thursday.
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Business
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Markets & Companies
11/30/2023 3:37:37 PM
The Egyptian Exchange (EGX) ended the week as it started it; with mixed performance. The main index closed in the red territory for the third session in a row. Gold prices also tumbled on Thursday.
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Business
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Markets & Companies
11/29/2023 4:42:11 PM
The Egyptian Exchange (EGX) indices ended with a negative performance on Wednesday, marking a second day of market cap loss. In contrast, gold prices keep rising.
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Business
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Energy
11/29/2023 1:40:26 PM
Emirati energy company Dana Gas announced plans to invest an additional $43 million in its operations in the Egyptian market over the coming year, according to CEO Richard Hall on Wednesday.
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Business
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Markets & Companies
11/28/2023 3:39:15 PM
The main index of the Egyptian Exchange lost nearly 800 points on Tuesday, leading the market to suffer an EGP 34 billion loss in market capitalization. Gold prices remained at yesterday’s levels.
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Business
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Economy
11/27/2023 4:51:01 PM
Majid Al Futtaim Holding Group, a prominent Emirati conglomerate, announced it is planning to inject $1 billion in new investments into the Egyptian market in the near future, said Ahmed Galal Ismail, the CEO of the group, during a meeting with Prime Minister Mostafa Madbouly on Sunday.
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Business
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Markets & Companies
11/27/2023 4:17:02 PM
The Egyptian Exchange (EGX) indices returned to their active performance on Monday, and the main index recorded a new all-time high, approaching 26,000 points.
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Business
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Economy
11/27/2023 9:51:44 AM
Asian markets dipped Monday as investors look ahead to the release this week of key US inflation data that could provide a guide for the Federal Reserve's plans for interest rates going into the new year.
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Business
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Markets & Companies
11/26/2023 4:28:57 PM
The Egyptian Exchange (EGX) indices started the week with mixed performance and the market cap lost EGP 9 billion, while gold prices rose and the 24 carats reached EGP 3,189 per gram.
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Business
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Markets & Companies
11/23/2023 7:24:36 PM
The Egyptian Exchange (EGX) broke yesterday’s historic records and the main index recorded a new all-time-high on Thursday, surpassing 25,500 points. Gold prices declined, but stayed at the highest levels in months.
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Business
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Markets & Companies
11/22/2023 3:45:37 PM
The Egyptian Exchange (EGX) ended Wednesday with more gains and the main index exceeded 25,000 points for the first time in its history. Gold remained at yesterday’s levels.
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Al-Ahram Weekly
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Economy
11/21/2023 9:17:45 PM
The real estate market’s upward trajectory shows no signs of abating anytime soon, experts tell Ahmed Abdel-Hafez
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Business
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Economy
11/21/2023 5:43:40 PM
The Saudi Batterjee Holding Group has unveiled its plans to acquire a pharmaceutical company listed on the Egyptian Exchange (EGX) within the next six months, Mazen Batterjee, Chairman of the group, said on Tuesday.
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Business
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Markets & Companies
11/21/2023 3:47:18 PM
The Egyptian Exchange (EGX) indices end Tuesday slightly higher and the main index returned to a level near its all-time high. Gold prices surged and the 24-carat per-gram price hit a new peak at EGP 3,189.
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Business
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Markets & Companies
11/20/2023 4:10:18 PM
The Egyptian Exchange (EGX) ended in the red on Monday. Gold prices rose and the gold pound coin reached EGP 21,880 for purchase.
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Business
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Markets & Companies
11/19/2023 3:35:43 PM
The Egyptian Exchange (EGX) started the week by breaking records; the main index EGX30 ended at a new all-time high of nearly 24,900 points. Gold prices inched higher and the 24-carat gold reached EGP 3,109 per gram.
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War on Gaza
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War on Gaza
11/18/2023 1:21:19 PM
An Israeli drone fired two missiles at an aluminum plant outside the southern Lebanese market town of Nabatiyeh early Saturday, causing a fire and widespread damage, National News Agency said. There was no word on casualties.
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