EXCLUSIVE: Egypt names 8 state railway companies to go public
Egypt’s state-owned Egyptian National Railways (ENR) has chosen eight subsidiaries to sell their shares on the…
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Egypt’s stock exchange hopes to launch derivatives market by mid-year: chairman
Egypt’s stock exchange (EGX), the Middle East’s best performer last year, plans to launch a derivatives market by…
Egypt’s GB Auto board approves unit stake sale talks with UAE’s Chimera
Egyptian car assembler and distributor Ghabbour Auto (GB Auto) said on Wednesday that its board approved to…
Telecom Egypt shares jump on reports of Qatari fund offer to buy Vodafone Egypt stake
Shares of state-run Telecom Egypt (TE) jump more than 9 percent in early trading on Monday following reports Qatar…
Al Ahly, EgyptAir to launch insurance money market fund in Q4
Egypt’s Al Ahly Financial Investments Management (AFIM) is joining forces with EgyptAir Holding to launch an…
Egypt’s Abu Qir Fertilizers net profit jumps 157.8% in FY2021/22
Egypt’s state-run Abu Qir Fertilizers and Chemicals Industries reported on Thursday a 157.8 percent year-on-year…
Swvl postpones dual listing in Egypt, Saudi Arabia
Swvl Holdings Corp., the Cairo-born, Dubai-based mass transit and shared mobility services provider, will have to…
Saudi Arabia’s Sary acquires Egypt’s B2B platform Mowarrid
Saudi Arabia-based B2B e-commerce platform Sary has acquired Egyptian B2B marketplace Mowarrid for an undisclosed…