Featured Egypt expands ownership base of state-owned companies Aya El Sayed Feb 26, 2024 0 The Egyptian government is actively working to accelerate the programme that expands the ownership base of…
Tech/AI Fawry becomes the first Egyptian tech firm to reach $1 billion market cap Amwal Al Ghad English Aug 19, 2020 0 Fawry has become the first publicly-traded Egyptian tech company to reach a market capitalisation of 15.56 billion…
Tech/AI Apple now the first U.S. company to hit a $2 trillion market cap Amwal Al Ghad English Aug 19, 2020 0 Apple has reached a market capitalisation of $2 trillion on Wednesday, doubling in valuation in just two years to…
Featured Egypt’s stock exchange indexes end mixed, EGX 30 solely up on Monday Amwal Al Ghad English Aug 17, 2020 0 Egypt’s stock exchange’s (EGX) indexes closed mixed on Monday, with the benchmark EGX 30 index adding 0.2 percent…
Featured Egypt’s stock main index lowest since late 2016 as coronavirus fears grow Amwal Al Ghad English Mar 18, 2020 0 Egypt’s stock exchange (EGX) has plummeted on Wednesday, with its benchmark EGX 30 falling to its lowest level in…
Featured Egypt’s stock exchange main index dives 5.8% in a week Amwal Al Ghad English Feb 29, 2020 0 Egypt’s stock exchange (EGX) suffered a significant pullback last week as a jump in coronavirus cases spreading…
Featured Egypt bourse’s market cap loses 10 bln pounds in a week Amwal Al Ghad English Dec 7, 2019 0 The indices of Egypt's bourse dropped in the week ended 5 December, as market capitalisation lost 10 billion…
Featured Egypt’s indexes fall to multi-year lows as protests weigh in Amwal Al Ghad English Sep 22, 2019 0 Egypt’s main index EGX 30 plunged on Sunday to multi-year intraday lows after small yet rare protests against…
Featured Egypt’s real estate sector market cap hits $4.8 billion – bourse chief Amwal Al Ghad English Jun 17, 2019 0 Egypt’s real estate sector has a market capitalisation of 80.2 billion Egyptian pounds ($4.8 billion), said…
EGX Egypt targets 3 trillion pounds in market cap by 2021: FinMin aya salah Jan 17, 2018 0 Egypt plans to boost the value of the local bourse’s market capitalisation to reach 3 trillion Egyptian pounds…