Egypt allocates 24bn pounds to develop textile sector, cotton industry
The Egyptian government has set the total value of a plan to modernize the state-owned textile sector at LE24…
Browsing Tag
Ashraf Al-Sharkawy
Al-Sharkawy: Delisting, Re-listing Fall Under EGX Administration
Dr. Ashraf Al-Sharkawy – the Chairman of the Egyptian Financial Supervisory Authority (EFSA), asserted…
Securities Division To Meet With Al-Sharkawy On Brokerage Firms Challenges
The Division of Securities at the Egyptian Federation of Chambers of Commerce will be holding a meeting on Sunday…
EGX 30 Ends At 5541 Pts Amid PM Kandil’s Visit
During Tuesday closing session, the Egyptian Exchange (EGX) has pared its midday gains to eventually reach EGP 5.05…
EGX 30 Hits 5555 Pts On Midday Amid PM Kandil’s Visit
During Tuesday midday session, the Egyptian Exchange (EGX) has posted gains of EGP 6.16 billion as the capital…
PM Kandil: ‘EGX Vivid Stream Of Growth’
Egypt’s Prime Minister Hesham Kandil has opened the Egyptian Exchange’s trading session Tuesday morning. Kandil’s…
EGX 30 Ends Above 5459 Pts Ahead of PM Kandil’s Visit
During Monday closing session, the Egyptian Exchange (EGX) has tripled its early gains to eventually reach EGP 3…
PM Kandil To Attend EGX Opening Session; Sept 4th
Egyptian cabinet sources told Amwal Al Ghad that Prime Minister Hisham Kandil will be attending Tuesday’s opening…
EGX 30 Ends Week 0.45% Higher, Citadel Capital 3.92% Up
During Thursday closing session, the Egyptian Exchange (EGX) has extended its early gains to eventually reach EGP…
EGX 30 Opens 0.04% Higher, OTMT 8.77%
During Thursday opening session, the Egyptian Exchange (EGX) has posted early gains of EGP 734 million as the…
EGX 30 Falls 0.32%, OTMT 1.72% Down; Wednesday Closing
During Wednesday closing session, the Egyptian Exchange (EGX) has extended posting losses to eventually reach EGP…
EGX 30 Tumbles 0.08%, OTMT 8.62% Down; Early Wednesday
During Wednesday opening session, the Egyptian Exchange (EGX) has posted early losses of EGP 316 million as the…
EGX 30 Ends Above 5325 Pts, Citadel Capital 2.13% Up; Tuesday
During Tuesday closing session, the Egyptian Exchange (EGX) has extended its early gains to eventually reach EGP…
EGX 30 Opens Above 5300 Pts, OTMT 8.62% Up; Early Tuesday
During Tuesday early session, the Egyptian Exchange (EGX) has posted early gains of EGP 1.81 billion as the capital…
EGX 30 Surges 0.75%, Citadel Capital 2.17% Up; Monday Closing
During Monday closing session, the Egyptian Exchange (EGX) has turned its early losses to gains of EGP 1.807…
Al-Sharkawy: EFSA Awaits Mutual Funds Inception Requests
Dr. Ashraf Al-Sharkawy, the chairman of Egyptian Financial Supervisory Authority (EFSA), has asserted that the…
EFG-Hermes To Announce Shareholders Meeting Date Within Week
EFG-Hermes said it will announce the date of its extraordinary shareholders meeting with a week. EFG-Hermes added…
Egypt Mulls Stock Exchange privatization; MENA Reports
The Egyptian Exchange (EGX) may become a joint stock company instead of a completely state-run organization, news…
EGX 30 Climbs 2.03%, Hermes 1.80% Up; Tuesday Closing
During Tuesday closing session, the Egyptian Exchange (EGX) has extended posting gains of EGP 4.53 billion as the…
Mona Zulficar: EFSA Disclosures Not To Affect QInvest Deal
Mona Zulficar, EFG-Hermes Board of Directors chairperson, said Hermes BOD has not discussed dividend distribution…
EGX 30 Retreats 2.35%; Political Uncertainty Week
Egyptian Exchange benchmark EGX 30 index dipped by 2.35 % this week, representing a retreat of 114.63 points,…
EGX 30 Rebounds 0.16%, Hermes 1.38% Down On Halting QInvest Deal; Closing
During Thursday closing session, the Egyptian Exchange (EGX) has rebounded by posting gains of EGP 398 million as…
EFG-Hermes: QInvest Deal By October, Reconvene Meeting Soon Upon EFSA’s Request
The Egyptian investment bank EFG-Hermes (HRHO.CA) expects a planned tie-up with Qatar's QInvest to go ahead before…
EFSA Did Not Reject Hermes-QInvest Deal, But Needs Further Clarification: Experts
The Egyptian Financial Supervisory Authority (EFSA)’s announcement regarding halting the joint venture deal between…
EFSA Suspends QInvest-Hermes Deal
Egypt's financial regulator has suspended a joint venture deal between Egyptian investment bank EFG-Hermes…