Orascom Development enters main Egyptian Stock Exchange Index ‘EGX 30’

Big 5

Orascom Development Holding says its largest subsidiary in Egypt, Orascom Development Egypt has entered main Egyptian stock exchange index ‘EGX30′.

The index includes the most active 30 companies  in  terms  of  traded  value  and  liquidity, enlisted companies in the Egyptian stock exchange.

The step has came after the success achieved by Orascom Development during 2018, where as it has been among the five best real estate and tourist companies along with an increase by 48.2 percent year-on-year.

in addition, the company’s market share has increased from 5.2 billion Egyptian pounds by the beginning of the year and closed at 7.8 billion pounds.