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Business
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Markets & Companies
7/25/2023 5:06:09 PM
The Egyptian Exchange suffered negative performance for the second day in a row on Tuesday, and the market cap lost EGP 5 billion. Gold prices inched lower.
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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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Economy
7/24/2023 4:50:23 PM
The Egyptian Exchange ended in the red territory on Monday, and the market cap lost EGP 4 billion. Gold prices increased slightly.
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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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Economy
7/19/2023 3:52:32 PM
All of the Egyptian Exchange indices ended in the green on Wednesday except for the benchmark. Gold is still hovering around June's levels.
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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
7/17/2023 3:26:36 PM
Gold prices resume their declining trajectory on Monday, while the Egyptian stocks inched slightly higher on Monday after a flat trading at the beginning of the week.
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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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Economy
7/11/2023 7:09:12 PM
The Egyptian Exchange ended in the green territory on Tuesday. Gold prices didn't move much from last week's levels.
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Business
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Markets & Companies
7/11/2023 4:42:54 PM
The voluntarily delisting from the Egyptian Exchange has been accepted by the board of directors of Al Ezz Dekheila Steel Alexandria, a division of Ezz Steel, Egypt's biggest steel manufacturer.
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Business
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Markets & Companies
7/10/2023 10:03:05 PM
TAQA Arabia’s stock surged 40 fold from EGP 0.5 to close at a value of EGP 20 per share, ending a two-day havoc in the Egyptian stocks.
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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
7/6/2023 6:04:57 PM
Gold prices continued their declining trajectory on Thursday, while the Egyptian Exchange ended in the red, with the market cap losing EGP 17 billion.
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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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