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Business - Markets & Companies
11/6/2023 6:05:09 PM
The Egyptian Exchange (EGX) plans to introduce a new index compatible with Islamic Sharia in the first half of 2024, said Ahmed El-Sheikh, the Chairman of EGX.

Business - Economy
11/6/2023 4:54:49 PM
The Korea Trade and Investment Promotion Agency (KOTRA), in cooperation with the South Korean Embassy in Cairo and the Korea Water Partnership, organized a conference and one-to-one business meeting with 10 South Korean Companies operating in water industry development between Egypt and Korea.

Business - Markets & Companies
11/6/2023 3:11:01 PM
The Egyptian Exchange (EGX) indices closed Monday with mixed performance. Gold prices inched higher and the golden pound coin amounted to EGP 20,720 for purchase.

Business - Markets & Companies
11/5/2023 5:39:14 PM
The Egyptian Exchange (EGX) started with week with a positive performance, with the main index gaining nearly 455 points. Gold prices edged higher and the gold pound coin inched higher by EGP 80.

Business - Markets & Companies
11/2/2023 3:56:01 PM
The Egyptian Exchange (EGX) indices rebounded on Thursday. The main index, EGX30, was the slowest grower in the market. Gold prices edged lower.

Business - Economy
11/2/2023 2:55:58 PM
Passenger car sales in Egypt dropped 61 percent year-on-year (YoY) to 45,917 during the first nine months of 2023 while increasing 15 percent YoY in September alone, according to a report by the Automotive Marketing Information Council (AMIC) released on Thursday.

Advertising - Sponsored
11/2/2023 2:32:02 PM
One of the most important companies in stock trading market field is iFOREX , it was founded in 1996 and is one of the largest and most respected brokers in the industry, they generate mass trading volume and provide vast liquidity to numerous traders located around the world.

Business - Economy
11/1/2023 3:25:41 PM
The Egyptian Exchange (EGX) indices ended in the red territory on Wednesday for the second day in a row albeit declining on a much slower pace than yesterday. Gold prices also edged lower.

Al-Ahram Weekly - Egypt
10/31/2023 11:05:43 PM
Khaled El-Ghamry reports on how the automotive market is dealing with shrinking sales

Business - Markets & Companies
10/31/2023 4:42:58 PM
The Egyptian Exchange (EGX) indices tumbled on Tuesday with the main index losing 885 points and the market cap losing over EGP 60 billion, while gold prices increased marginally.

Business - Economy
10/30/2023 3:55:13 PM
The Egyptian Exchange (EGX) is preparing to launch a real estate exchange within four months, which will boost the local market, encouraging small investors in the sector and offering a new financing tool for developers, according to experts and key executives who spoke to Ahram Online.

Business - Markets & Companies
10/30/2023 3:31:56 PM
After leading the week with mixed performance, the Egyptian Exchange’s (EGX) indices returned to broke historic levels on Monday, as the benchmark index, EGX30, reached a new summit above 23,400 points.

Business - Economy
10/30/2023 2:56:30 PM
The escalation of the war in Gaza is expected to have various implications for oil and other commodity markets, initially triggering a surge in oil prices and subsequently causing disruptions in other commodity sectors.

Egypt - Health
10/30/2023 10:36:55 AM
Egypt’s parliament – the House of Representatives – approved on Sunday a government-drafted amendment to the 2016 VAT law to impose a tax of EGP 0.50 on tobacco products sold on the local market.

Business - Markets & Companies
10/29/2023 4:02:04 PM
The Egyptian Exchange (EGX) indices started the week with mixed performance and gold prices achieved gains.

Business - Economy
10/29/2023 1:58:14 PM
French Schneider Electric company plans to expand in the Egyptian market, having injected a total investment amounting to 300 million euros ($317.38 million) in Egypt over the past 35 years, according to a cabinet statement on Sunday.

Business - Markets & Companies
10/26/2023 10:32:55 PM
The Egyptian Exchange (EGX) indices achieved unprecedented jumps during the week that ended on 26 October as devaluation rumours attracted more investors to the stock market.

Business - Economy
10/26/2023 6:00:46 PM
The Egyptian Exchange (EGX) reached a new summit on Thursday, with the benchmark index surpassing the 23,200-point level, while gold prices dived as the gold pound coin lost EGP 640 of its value.

Business - Economy
10/25/2023 4:20:19 PM
The Israeli war on Gaza has driven the Egyptian pound down to a record low on the parallel market, where it is now trading for EGP 46 against the US dollar, said Ramona Moubarak, head of MENA Country Risk at Fitch Solutions.

Business - Markets & Companies
10/25/2023 3:34:46 PM
After a brief trip, the Egyptian Exchange (EGX) indices return on Wednesday to break their historic records, with over 3 percent jumps for each. Similarly, the gold market was very active, as the gold coin price surged by EGP 920.

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