News Egypt’s Palm Development sells its entire stake 18,23% in Incolease Nada Ali Feb 9, 2023 0 Egyptian Palm Hills Development Company sold its entire stake 18.237 percent in the International Financial Leasing…
Money FACTBOX: 32 firms under Egypt state share sale programme Yomna Yasser Feb 9, 2023 0 Egypt has announced on Wednesday its share sale programme, which will involve selling stakes in 32 state-owned…
Banks CIB Egypt fully acquires Mayfair Bank in Kenya for $40mln Nada Ali Jan 29, 2023 0 Egypt's largest private bank, the Commercial International Bank (CIB-Egypt) has acquired the remaining 49 percent…
Banks CIB Egypt aims to increase its capital to EGP 29.9 Nada Ali Jan 6, 2023 0 The Commercial International Bank (CIB-Egypt) announced that it had submitted documents for registering shares to…
Featured Egypt’s stock exchange hopes to launch derivatives market by mid-year: chairman Gehad Abdelghany Jan 5, 2023 0 Egypt’s stock exchange (EGX), the Middle East’s best performer last year, plans to launch a derivatives market by…
Featured EGX market cap surges above EGP 1 trillion for first time Amwal Al Ghad English Jan 4, 2023 0 Egypt’s stock exchange (EGX) closed higher on Wednesday, with its market capitalisation hitting 1 trillion Egyptian…
Stocks Egypt’s EGX best-performing stock market in Middle East in 2022 Yomna Yasser Jan 1, 2023 0 Egypt’s stock exchange (EGX) has been the best-performing stock market in the Middle East region throughout 2022…
EGX Egypt’s stock exchange to open carbon certificates for free Nada Ali Dec 27, 2022 0 The Egyptian Stock Exchange’s (EGX) chairman Ramy El-Dokany announced on Monday the market is preparing to launch…
News Vodacom closes acquisition of 55% stake in Vodafone Egypt Nada Ali Dec 12, 2022 0 British multinational telecommunications company Vodacom Group has closed the acquisition of 55 percent stake in…
EGX Egypt’s stock market close at red zone for second consecutive session Nada Ali Oct 3, 2022 0 Egyptian Stock Exchange (EGX) indices had declined in the closing trading session on Monday, as the main index…