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Business
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Economy
12/5/2023 8:23:06 PM
Gold prices experienced a slight decline on Tuesday, trading $100 below the previous session's record high, as investors are eagerly awaiting upcoming US economic data, which could potentially impact the Federal Reserve's rate outlook.
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War on Gaza
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War on Gaza
12/1/2023 7:43:00 PM
Israeli fighter jets pounded the Gaza Strip on Friday shortly after a week-long truce expired with no agreement to extend it. The number of Palestinians killed and injured is rising by the tens every hour. Israel and Hezbollah resume trading attacks
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Business
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Markets & Companies
11/24/2023 2:24:06 PM
The Egyptian Exchange (EGX) indices achieved outstanding results for the second week in a row, and the main index reached a new all-time high above 25,500 points, supported by a surge in the index's heaviest stock, Commercial International Bank (CIB).
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Business
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Markets & Companies
11/16/2023 8:43:35 PM
The Egyptian Exchange (EGX) indices reached new historic levels during the week that ended on 16 November, as the financial reports season showed leading companies in the market achieving high profits.
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War in Sudan
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War in Sudan
11/11/2023 8:05:10 PM
A strategic Nile bridge in Sudan's capital has collapsed, the army and rival paramilitaries said in separate statements Saturday, trading blame for its destruction nearly seven months into their devastating war.
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Business
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Markets & Companies
11/10/2023 12:50:01 PM
Egyptian Exchange (EGX) indices leaped in the week that ended on 9 November with the recovery of fertilizers stocks and positive financials from Commercial International Bank (CIB), the biggest stock in the main index, EGX30.
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Advertising
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Sponsored
11/2/2023 2:32:02 PM
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Business
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Markets & Companies
10/30/2023 7:30:07 PM
The average daily trading value of treasury bills (T-bills) on the Egyptian Exchange (EGX) surged significantly by 37.55 percent in the first five weeks that they were available, according to EGX Chairman Ahmed El-Sheikh.
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Business
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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.
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Business
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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.
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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
10/6/2023 1:54:03 PM
Global shares mostly rose Friday in cautious trading ahead of an update on the U.S. jobs market.
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Business
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Markets & Companies
10/2/2023 9:38:28 PM
Heavily indebted Chinese property giant Evergrande said Monday it had applied to the Hong Kong Stock Exchange to resume trading its shares in the city the following morning.
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Business
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Economy
10/2/2023 9:56:00 AM
Asian shares were mostly higher in thin trading Monday with many markets closed for holidays.
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Al-Ahram Weekly
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World
9/26/2023 12:04:00 PM
Karam Said keeps up with the economic situation in Ankara.
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Business
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Economy
9/24/2023 8:49:15 PM
The Egyptian Exchange (EGX) started on Sunday trading treasury bills (T-Bills) on the secondary market, according to a press release.
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Business
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Economy
9/15/2023 6:20:20 PM
Stocks slipped in morning trading on Wall Street Friday but not enough to erase the market’s gains for the week.
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Business
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Markets & Companies
8/31/2023 7:20:12 PM
The Egyptian Exchange (EGX) has achieved a remarkable performance during the week that ended on 31 August boosted by gains made by leading companies, which was reflected on a doubled trading value.
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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
8/17/2023 10:44:26 PM
The Egyptian Exchange (EGX) indices closed higher over the week that ended on 17 August despite the pressures of profit-taking that eroded some of their gains.
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