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Business
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Energy
11/12/2023 3:10:24 PM
TAQA Dalbit, a subsidiary of Egyptian energy company TAQA Arabia, opened in Tanzania the country’s first natural gas fueling station and conversion centre for vehicles, according to a bourse statement on Sunday.
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Business
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Markets & Companies
11/9/2023 4:04:59 PM
Egypt's major e-payment company, Fawry, denied that any of its platforms or online services had been subjected to cyber attacks, according to a bourse filing on Thursday.
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Business
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Markets & Companies
11/8/2023 4:39:31 PM
The Egyptian Exchange (EGX) main index EGX30 reached an all-time high on Wednesday, helping the market cap gain EGP 35 billion. Gold prices continue rising today and the 24-carat reached EGP 3,000 per gram.
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Business
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Markets & Companies
11/7/2023 2:02:21 PM
Orascom Construction signed two contracts with the National Authority for Tunnels (NAT) to contribute to two major transportation projects in Egypt, the Greater Cairo Metro fourth line and the high-speed train, according to a bourse filing on Tuesday.
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Business
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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.
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Business
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Markets & Companies
11/2/2023 9:52:53 PM
After breaking records last week, the Egyptian Exchange (EGX) indices ended the week with mixed performance.
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Business
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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.
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Business
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Economy
10/31/2023 6:13:16 PM
The state-owned Egyptian Chemical Industries Company (KIMA) reported a decline in natural gas supplies, according to a bourse statement on Tuesday.
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Business
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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.
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Business
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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.
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Business
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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.
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Business
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Markets & Companies
10/24/2023 4:17:36 PM
The Egyptian Exchange (EGX) ended Tuesday with mixed performance, with the main index suffering a marginal decline; gold prices are still rising albeit at a slower rate.
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Business
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Economy
10/23/2023 4:47:13 PM
The Egyptian Exchange (EGX) is finalizing a system for a real estate exchange to be launched within four months, according to the bourse's Chairman Ahmed El-Sheikh.
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Business
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Markets & Companies
10/23/2023 4:17:24 PM
The Egyptian Exchange (EGX) indices rebroke yesterday's historical records on Monday and the main index exceeded the 22,500-point threshold. Gold also is rising and the gold coin reached EGP 19,800 for purchase.
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Business
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Markets & Companies
10/22/2023 4:01:38 PM
The Egyptian Exchange (EGX) indices started the week with great leaps, with all indices reaching their highest level ever.
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Business
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Markets & Companies
10/19/2023 3:52:14 PM
The Egyptian Exchange (EGX) indices ended Thursday with mixed performance and the market cap lost EGP 31 billion after taking unprecedented leaps mid-week. Gold prices are still rising, as the safe haven benefits from the rising geopolitical tensions.
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Business
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Markets & Companies
10/18/2023 1:23:05 PM
The Egyptian Exchange (EGX) on Wednesday announced the acquisition of 161.4 million shares in leading Egyptian e-payment company Fawry for EGP903.88 million ($29.25 million).
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Business
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Markets & Companies
10/17/2023 4:35:36 PM
The Egyptian Exchange (EGX) continued its unprecedented performance on Tuesday with the benchmark surging by nearly 1,000 points, reaching a new all-time-high above 22,000 points.
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Business
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Markets & Companies
10/16/2023 3:37:50 PM
The Egyptian Exchange (EGX) achieved unprecedented levels on Monday, as the benchmark index EGX30 broke a new record to end above 21,000 point for the first time ever.
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Business
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Markets & Companies
10/12/2023 3:10:48 PM
The Egyptian Exchange (EGX) moved on Thursday towards full recovery from the impact of geopolitical tensions, as the benchmark returned to break the 20,000-point threshold near its historic highs. The market ended Thursday with mixed performance. Gold prices continue their rising trajectory.
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