Featured Deutsche bank shares drop 5.5% following Postbank news Aya El Sayed Apr 29, 2024 0 Deutsche Bank shares fell by 5.5 per cent in early trading on Monday following news of a longstanding lawsuit that…
Featured Zoom up announces $1.5b share buyback Aya El Sayed Feb 27, 2024 0 Zoom Video Communications Shares saw a nearly 13 per cent increase in premarket trading on Tuesday, following the…
Stocks Egypt’s Lecico denies reports of dropping value shares Aya Anwar Nov 13, 2023 0 Egyptian ceramics maker Lecico denies reducing the value per share from five Egyptian pounds to one pound.
Featured Zoom shares jump 8% after Q4 results Nada Ali Feb 28, 2023 0 U.S. Zoom company shares have jumped by 8 percent in extended trading on Monday after announcing its results for…
Tech/AI Samsung’s shares rally on Intel’s chip outsourcing scheme Amwal Al Ghad English Jul 28, 2020 0 Shares of Samsung Electronics rallied on Tuesday, joining its bigger rival TSMC, driven by growing expectations…
Tech news Snap misses user growth estimates, shares decline Amwal Al Ghad English Jul 22, 2020 0 Snap said on Tuesday a bump in user growth at the start of coronavirus-led lockdowns petered out sooner than…
Tech/AI Alibaba’s co-founder sells $8.2bn worth shares, stake falls 4.8% Amwal Al Ghad English Jul 13, 2020 0 Alibaba Group Holding Ltd co-founder Jack Ma cut his stake in the company over the past year to 4.8 percent from…
Tech/AI Tesla at $1,000: too much too soon for some analysts Amwal Al Ghad English Jun 14, 2020 0 Top Wall Street brokerages Goldman Sachs and Morgan Stanley downgraded their ratings on Tesla Inc saying the…
Tech news SoftBank aims to sell $3.1bn worth of Japanese telco unit stake Amwal Al Ghad English May 21, 2020 0 SoftBank Group Corp said it plans to sell 5 percent of its domestic telco SoftBank Corp, currently worth $3.1…
Tech/AI Snap’s shares increase 20% as COVID-19 spurs use, revenue growth beats Street Amwal Al Ghad English Apr 22, 2020 0 Snap Inc on Tuesday beat Wall Street estimates for quarterly revenue and user growth for its Snapchat app, as more…
Tech/AI SoftBank record loss estimate renews asset sale focus Amwal Al Ghad English Apr 14, 2020 0 SoftBank Group Corp’s estimate it will post a record $13 billion full-year loss, dragged down by its spluttering…
Money Egypt cancels plans to float additional shares in Heliopolis Housing Sanaa Allam Mar 3, 2020 0 Egypt's Holding Company for Construction and Development (HCCD) is cancelling plans to float additional shares in…
Stocks Saudi markets drop led by banking, petrochemical shares Amwal Al Ghad English Oct 8, 2019 0 Saudi Arabia’s stock market dropped in early trading on Tuesday, with financial services leading the declines.
Stocks Banking, petrochemical shares drag Saudi markets lower Amwal Al Ghad English Oct 3, 2019 0 Saudi Arabian stock market dropped in early trade on Thursday as banking and petrochemical shares declined, while…
Featured Egypt’s EGX says Global Telecom purchased shares for $10.2mn Amwal Al Ghad English Sep 7, 2019 0 The Egyptian Exchange (EGX) said Thursday Egypt's Global Telecom Holding (GTH), previously Orascom Telecom Holding,…
Stocks Egypt’s top digital firm Fawry shares 29% up in first trading day Amwal Al Ghad English Aug 8, 2019 0 Egyptian top digital payments company Fawry's shares rose 29 percent to 8.33 Egyptian pounds ($0.5) in its first…
Tech/AI Egyptian Qalaa Holdings’ shares plunge on diluted refinery stake Amwal Al Ghad English Aug 1, 2019 0 Shares in Qalaa Holdings, one of the largest investment companies in Egypt, dropped by nearly 10 percent on…
Tech/AI Alphabet shares rise 9% on ad rebound, cloud promise Amwal Al Ghad English Jul 27, 2019 0 Alphabet's shares climbed nearly nine percent in premarket trading on Friday, after the company handily beat Wall…
Money Deutsche Bank’s shares climb as 18,000 global job cuts begin Amwal Al Ghad English Jul 8, 2019 0 Deutsche Bank's shares rose on Monday as it launched one of the biggest overhauls of its investment bank since the…
Stocks Egypt to launch short-selling of shares in Q3 – official Amwal Al Ghad English Jul 4, 2019 0 Egyptian authorities said on Tuesday they would launch the short-selling of shares on the stock market during the…
World Japan, South Korea, China shares trade higher as other Asian stocks remain closed for Good… Amwal Al Ghad English Apr 20, 2019 0 Japanese, South Korean, and Chines shares traded higher on Friday while other Asian stocks, including Australia,…
Banks BDC to acquire NBE, Banque Misr shares in Cairo International Bank – Kampala Islam Salah & Gehad Abdelghany Mar 24, 2019 0 Banque Du Caire is seeking to acquire both National Bank of Egypt and Banque Misr shares in Cairo International…
World Asian stocks little changed as investors grapple with dovish Fed Amwal Al Ghad English Mar 23, 2019 0 Asian stocks closed little changed on Friday following a roller-coaster session that sent shares oscillating…
Stocks China shares bounce as stimulus measures boost confidence Amwal Al Ghad English Mar 6, 2019 0 Mainland Chinese shares bounced strongly on Wednesday afternoon as markets took hope in stimulus measures announced…
Stocks Egypt shares likely to move upwards as foreign investors to inject cash-ins Amwal Al Ghad English Mar 3, 2019 0 Egypt shares are expected by analysts to move upwards in the few coming sessions, as foreign investors are expected…
Featured Egypt to offer 4.5 % of in state-owned Eastern Tobacco next week Amwal Al Ghad English Mar 2, 2019 0 Egypt’s Public Enterprise Sector Minister Hisham Tawfik announced the resumption of a programme to sell stakes in…
Featured Orascom Investment shares rise 5% on Egypt’s EGX Amwal Al Ghad English Feb 13, 2019 0 Egyptian Orascom Investment Holding's shares jumped five percent on Egypt’s stock market, following comments by…
Arab Saudi construction stocks jump, other markets mixed Amwal Al Ghad English Feb 10, 2019 0 Saudi construction and cement stocks rose in early Sunday trading following a royal decree to reimburse rising…
World Asian markets trade mixed; Softbank shares soar more than 17% Amwal Al Ghad English Feb 7, 2019 0 Asian markets traded mixed on Thursday afternoon, while U.S.-China trade hopes are up as negotiations are set to…
World European markets close mixed amid gains; Wirecard shares rise 14% Amwal Al Ghad English Feb 5, 2019 0 European markets closed in mixed territory Monday, as market participants monitored another flurry of corporate…
World Asian markets rise; Sony shares plunge more than 8% Amwal Al Ghad English Feb 4, 2019 0 Asian markets were up on Monday afternoon, with shares in Japan, Hong Kong and Australia rising.
World Asian markets gain after Fed pledges to be patient with future rate hikes Amwal Al Ghad English Jan 31, 2019 0 Asian markets saw gains during Thursday afternoon trade on the back of a strong finish overnight on Wall Street…
World European stocks close lower as optimism fades on global growth Amwal Al Ghad English Jan 29, 2019 0 European stocks started the week on a negative note as investors monitored Brexit developments and looked ahead to…
World Asian stocks gain despite US-China trade jitters Amwal Al Ghad English Jan 26, 2019 0 Asian stocks closed higher on Friday despite fresh overnight uncertainties surrounding the ongoing U.S.-China trade…
Real Estate Shares of Egypt’s SODIC, Madinet Nasr Housing suspended after merger called off Amwal Al Ghad English Jan 23, 2019 0 Egyptian Exchange (EGX) suspended trading on Wednesday in the Sixth of October Development and Investment Company…
USA Dow gains over 100 points as Goldman posts best day in 10Yrs Amwal Al Ghad English Jan 17, 2019 0 U.S. stocks rose on Wednesday as investors cheered strong quarterly earnings from major banks like Goldman Sachs…
World Asian Pacific markets fall as investors react to Chinese trade data Amwal Al Ghad English Jan 14, 2019 0 Asian Pacific markets started off the trading week mostly on the back foot as major indexes in South Korea, China,…
USA US stocks rise in volatile trading as trade talks begin, Amazon shares gain Amwal Al Ghad English Jan 8, 2019 0 U.S. stocks rose in choppy trading on Monday as investors pored through the latest U.S.-China trade developments…
World Asian markets mixed as US-China trade talks continue Amwal Al Ghad English Jan 8, 2019 0 Asian markets traded mixed on Tuesday afternoon as investors waited for developments from the second day of…
World Stocks in Asia close out 2018 with annual declines Amwal Al Ghad English Dec 31, 2018 0 Stocks in Asia were mixed on the final day of 2018, as most major markets around the globe were set to record…