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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Business
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Markets & Companies
8/3/2023 7:48:11 PM
The Egyptian Exchange (EGX) saw varied performance over the week that ended on Thursday, 3 August, as traders anticipate the interest rate decision by the Central Bank of Egypt (CBE), Mahmoud Atta, financial market analyst, told Ahram Online.
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Business
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Markets & Companies
8/3/2023 3:46:52 PM
The Egyptian Exchange (EGX) indices were flat on Thursday, with only marginal changes compared to the previous session. Meanwhile, gold inched lower.
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Business
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Economy
8/2/2023 10:54:40 PM
Seven Egyptian fertilizer manufacturers reported a marginal to moderate impact on operations following the Ministry of Petroleum's decision to reduce natural gas supplies to fertilizer factories by 20 percent, according to filings to the Egyptian Exchange (EGX) on Tuesday and Wednesday.
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Business
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Markets & Companies
8/1/2023 4:27:17 PM
The Egyptian Exchange indices haven't seen considerable change on Tuesday, the first day of the discontinuation of the EGX50 while gold made small gains.
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Business
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Markets & Companies
7/27/2023 6:13:22 PM
The Egyptian Exchange (EGX) indices fluctuated over the week that ended on 27 July. The EGX30 benchmark index declined by 1.36 percent to end at 17,339 points.
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Business
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Markets & Companies
7/26/2023 6:25:51 PM
The Egyptian Exchange (EGX) announced discontinuing the EGX50 equally-weighted index as of 1 August 2023, according to a statement on Wednesday.
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Business
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Markets & Companies
7/26/2023 4:50:46 PM
The Egyptian Exchange (EGX) indices saw varied performance on Wednesday, with two indices jumping while the benchmark slipped. The market announced the discontinuation of EGX50 after eight years of trading. Gold prices increased marginally.
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Business
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Markets & Companies
7/25/2023 2:30:10 PM
The National Service Projects Organization (NSPO), an army entity, acquired a 20% stake in local energy company TAQA Arabia for EGP 1.63 billion ($52.75 million) Egypt's bourse announced on Tuesday.
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Business
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Markets & Companies
7/19/2023 7:24:52 PM
The Egyptian Exchange (EGX) indices close in the green territory during the week ending on 19 July, while the market cap rose by over 1 percent. Market expert advises investors to eye state-owned companies.
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Business
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Markets & Companies
7/19/2023 1:43:45 PM
Egyptian investment company Beltone's issued and paid-in capital surged by 1,080 percent to EGP 10.9 billion following shareholders' full subscription to the company's new five billion shares.
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Business
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Markets & Companies
7/18/2023 5:14:33 PM
The Egyptian Exchange (EGX) index closed slightly higher on Tuesday while gold prices remained at yesterday's levels.
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Business
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Markets & Companies
7/16/2023 4:00:58 PM
Gold prices in Egypt fell close to the average level reached in June, while the Egyptian Exchange's (EGX) indices remained almost unchanged from the previous session on Sunday.
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Business
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Markets & Companies
7/13/2023 9:21:21 PM
The Egyptian Exchange (EGX) indices saw mixed performance during the week ending on 13 July—the week started with declines caused by concerns over the current fiscal gap in Egypt and the economy's downgrade on the MSCI index.
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Business
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Economy
7/13/2023 6:08:31 PM
Despite a drop earlier in the week, the Egyptian Exchange (EGX) closed in positive territory on Thursday. TAQA Arabia was still the market's standout performer, despite a 20 percent tumble, as it remained significantly higher than its initial value of EGP 0.5. Meanwhile, gold prices saw a slight increase from their July levels.
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Business
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Markets & Companies
7/10/2023 7:58:20 PM
The Egyptian Exchange indices rebounded on Monday, after a drop in the beginning of the week. Gold prices declined marginally.
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Business
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Markets & Companies
7/9/2023 6:48:22 PM
The Egyptian Exchange's indices (EGX) sharply declined on Sunday, following the listing of local energy giant TAQA Arabia, whose stock value surged by 83.591 percent in the first session. Meanwhile, gold exhibited marginal signs of recovery.
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Business
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Economy
7/9/2023 2:36:33 PM
TAQA Arabia, a subsidiary of Cairo-based Qalaa Holdings, started trading on the Egyptian Exchange (EGX) on Sunday, celebrated by the bourse's chairman and top company officials with a bell-ringing ceremony.
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Business
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Markets & Companies
7/6/2023 8:18:42 PM
The Egyptian Exchange's (EGX) indices ended in red territory this week, as investors generate liquidity, and eye building new positions on TAQA Arabia shares.
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Business
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Markets & Companies
7/5/2023 8:40:05 PM
Gold prices declined in Egypt on Wednesday. The Egyptian Exchange delivered a mixed performance, with all indices rising except for the benchmark.
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