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Business
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Markets & Companies
9/5/2023 4:16:38 PM
The Egyptian Exchange (EGX) indices continued their increasing trajectory on Tuesday.
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Business
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Markets & Companies
9/5/2023 3:57:50 PM
Beltone Financial Holding, a large Cairo-listed investment company, announced that it signed the final agreement to acquire 100 percent of Cash Microfinance, according to a bourse statement on Monday.
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Business
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Markets & Companies
9/3/2023 5:54:48 PM
The Egyptian Exchange (EGX) indices started the week with marginal declines, keeping must of their gains last week. Gold prices witnessed minor increase.
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Business
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Markets & Companies
8/30/2023 3:38:38 PM
The Egyptian Exchange indices rose for the fourth day in a row on Wednesday and the main index, EGX30, broke Tuesday's historic record, reaching an all-time-high above 18,800-point level. Gold increased marginally.
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Business
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Markets & Companies
8/29/2023 7:01:07 PM
Egypt energy company TAQA Arabia has submitted a non-binding agreement to acquire fuel stations owned by Wataniya Petroleum, according to a bourse filing on Tuesday.
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Business
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Markets & Companies
8/28/2023 3:34:03 PM
The Egyptian Exchange is continuing its outstanding performance for the second day in the week, breaking its record level on Sunday. Gold declined for the second day in a row.
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Business
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Economy
8/27/2023 6:03:25 PM
The Egyptian Exchange started the week with a record high as the new chairman started his term. The benchmark index EGX30 reached its all-time high at 18,516.59 points. On the other hand, gold prices declined.
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Business
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Markets & Companies
8/24/2023 8:09:59 PM
The Egyptian Exchange (EGX) has achieved momentum during the week that ended on 24 August. Market cap increased by over 1.6 percent, while trading value declined compared to last week's figures.
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Business
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Markets & Companies
8/22/2023 4:42:23 PM
Tuesday saw increases in the gold and stock markets in Egypt. The benchmark index on the Egyptian Exchange surpassed 18,200 points, setting a new record. The cost of one gram of 24-karat gold increased by EGP 40.
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Business
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Markets & Companies
8/22/2023 3:13:14 PM
A majority shareholder in Egypt's largest tobacco producer Eastern Company has received offers from foreign investors for the acquisition of up to 30 percent of its stake in the company, according to a bourse statement on Tuesday.
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Business
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Markets & Companies
8/20/2023 6:15:00 PM
The price of gold in Egypt edged lower on Sunday while stocks had a positive start of the week with the main index breaking above the 18,000 threshold.
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Business
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Economy
8/17/2023 5:48:23 PM
The Egyptian state-owned company E-Finance For Digital and Financial Investments is studying launching a digital bank, the company's chairman Ibrahim Sarhan announced in a bourse statement on Tuesday.
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Business
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Markets & Companies
8/17/2023 4:01:01 PM
Gold prices jump on Thursday, at the end of a week of fluctuations, while the Egyptian Exchange (EGX) indices ended near their levels in Wednesday's session, where the main index reached a record level.
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Business
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Economy
8/16/2023 6:50:56 PM
The Egyptian Exchange's main index reached a record level on Wednesday. Gold prices rebounded, shrugging off some of the loses on the last two days.
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Business
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Markets & Companies
8/14/2023 1:41:47 AM
Fawry, Egypt's leading e-payment solutions provider, announced a plan to turn its online payment portal myFawry into a digital bank in 2023, according to a bourse statement on Sunday.
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Business
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Markets & Companies
8/10/2023 4:01:05 PM
Gold prices increased on Thursday by an average of EGP 15 for all carats after a week of fluctuations. The Egyptian Exchange (EGX) ended in the red territory.
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Business
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Markets & Companies
8/8/2023 3:52:44 PM
Egypt's leading e-payment solutions provider, Fawry, has announced that its subsidiary, Fawry Microfinance, has received preliminary approval from the Financial Regulatory Authority (FRA) to expand its services to include Small and Medium Enterprise (SME) financing, according to a bourse filing on Tuesday.
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Business
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Markets & Companies
8/8/2023 3:45:01 PM
The Egyptian Exchange (EGX) indices ended in the red territory on Tuesday, with marginal declines. Gold inched higher.
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Business
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Markets & Companies
8/6/2023 6:43:57 PM
Al Ezz Dekheila Steel Alexandria, Egypt's biggest steel manufacturer, is seeking syndicated loans in foreign currency to finance the purchase of shares from shareholders unwilling to remain with the company after the delisting from the Egyptian Exchange (EGX), according to a bourse filing on Sunday.
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Business
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Markets & Companies
8/6/2023 4:06:49 PM
The Egyptian Exchange (EGX) indices saw positive trading on Sunday with the market cap gaining EGP 17 billion. Gold rose slightly higher.
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