Guides & Analytics
Citadel to Open Subscription to Remaining Secondary Shares April 2
The Egyptian Financial Supervisory Authority (EFSA) approved on Monday a request from Citadel Capital (CCAP.CA) to invite shareholders to subscribe to 728,106,512…
Mutual Funds’ Investments in EGX Equities Hit $1 billion – Official
The total volume of investment funds in the Egyptian Exchange equities reached around $1 billion, the market regulator chief said on Monday. In a keynote speech at…
State-owned Funds Will Enable Egypt Finance More Infrastructure Projects
Prime Holding for Financial Investments SAE (PRMH.CA) CEO and Vice Chairman Mohamed Maher said the idea of establishing specialized Mutual Funds will let the capital…
Egypt Capital Market Will See New Birth by 2014 – HC’s MD
Hussein Choucri, Chairman and Managing Director of HC Securities & Investment company said the ongoing year will witness a new birth for the Egyptian Exchange…
Omran: Egypt Market Needs More of Direct Investment, Infrastructure Funds
Egypt’s economy is currently in a dire need for more of direct investment funds and infrastructure funds, according to stock exchange chairman Mohamed Omran. In…
Egypt’s Economy Needs Innovative Tools to Face Challenges: Dina Abdel Fattah
Under the annual conference of “Mutual Funds’ Role in Supporting Egypt’s Economy” which has organized by Money Cycle, Dina Abdel Fattah the founder of…
Alibaba Pays $692 million for Intime Retail Stake
Alibaba Group Holding Ltd. said Monday it agreed to pay $692 million to take a roughly 35% stake in Chinese department store operator Intime Retail (Group) Co. in a…
FTSE Rises for Second Day As Miners Push Higher
After rising for two straight weeks, U.K. stocks continued to advance on Monday, with resource firms driving the FTSE 100 index higher, while GlaxoSmithKline PLC…