EGX, GAFI hold first 2026 committee meeting to encourage listings
Egyptian Exchange (EGX) and the General Authority for Investment and Free Zones (GAFI) held on Wednesday the first…
Browsing Tag
stock exchange
Egypt appoints Omar Radwan as stock exchange chairman for one year
Egypt’s Prime Minister Moustafa Madbouly has appointed Omar Mohamed Sadek Radwan as Chairman of the Egyptian…
Minister sees ‘unprecedented’ activity on Egyptian stock exchange
Egypt’s Minister of Investment and Foreign Trade Hassan El-Khatib inaugurated on Tuesday the trading session to…
EGX off July 3rd for Revolution Day
The Egyptian Exchange (EGX) announced that Thursday, July 3, 2025, will be an official holiday instead of the 30th…
Egypt’s FRA to regulate real estate platforms
Egypt’s Financial Regulatory Authority (FRA) is preparing a new framework to regulate electronic platforms…
Hyundai, Kia divest from India’s Ola Electric
Hyundai Motor sold its entire stake in Ola Electric, while fellow South Korean carmaker Kia reduced its holding, in…
Vietnam sees record stock trades amid selling spree
Vietnamese stock markets experienced unprecedented trading volumes, with a record 1.74 billion shares traded on the…
Egypt expands ownership base of state-owned companies
The Egyptian government is actively working to accelerate the programme that expands the ownership base of…
Egypt’s stock exchange hopes to launch derivatives market by mid-year: chairman
Egypt’s stock exchange (EGX), the Middle East’s best performer last year, plans to launch a derivatives market by…
Egypt’s stock exchange, Banks shorten working hours
The Central Bank of Egypt (CBE) has shortened the working hours for the banking system as well as Egyptian stock…
New York Stock Exchange stops all trading as market plunges 9.7 %
New York Stock Exchange halts tradings for 15 minutes after the Dow Jones fell 9.7 per cent – more than 2,250…
Egypt’s stock exchange main index dives 5.8% in a week
Egypt’s stock exchange (EGX) suffered a significant pullback last week as a jump in coronavirus cases spreading…
Egypt mulls cutting stock exchange fees
Egypt is studying a plan to cut trading fees and commissions, aiming to make the stock exchange more competitive,…
Egypt FinMin says no intention to raise stock exchange duty
Egypt’s Finance Minister Mohamed Maait denied on Monday rumours about planned increases in stamp tax on stock…
Cabinet cancelling rise in stock Cairo exchange stamp duty
The Egyptian Cabinet approved a drafted law cancelling a target rise in stamp tax on stock exchange transactions,…
Egypt to cancel target increase in stock exchange duty
Egypt's Finance Ministry has drafted a law cancelling a target rise in a tax on stock exchange transactions,…
Egypt’s stock exchange likely to rise Monday on liquidity
The Egyptian Exchange (EGX) is likely to hover around 16,000 points amid heavy liquidity on Monday, analysts told…
Eid Al-Adha holiday for Egyptian banks starts 20 August
The Central Bank of Egypt (CBE) announced on Tuesday that bank employees will take a four-day holiday from Monday,…
Egypt’s stock exchange marks 3rd monthly decline in July
The Egyptian Exchange (EGX) ended July on low note amid a collective decline of its indices, marking the third…
Egypt targets 8-10 flotations of state firms over 18 months: FinMin
Egypt is looking to offer shares in eight to 10 state companies on the stock exchange over the next 18…
Egypt expects IPO of state-owned oil company ENPPI in H1: bourse chief
Egypt expects an initial public offering of state-owned oil company ENPPI during the first half of the current…
Egypt’s stock exchange opens Thursday on mixed note
The Egyptian Exchange (EGX) opened Thursday's trading session on a mixed note, amid buying from Arab and…
Rooya to invest 2-3 bln Egyptian pounds in projects next year
Egypt’s property developer Rooya Group unveils it plans to pump investments ranging between 2 billion and 3 billion…
Egypt’s stock exchange in green, posting weekly gains of 18.6 bln pounds
Egypt’s stock exchange has finished this week in green posting weekly gains of 18.6 billion Egyptian Pounds ($1.05…
Vietnam, Egypt to sign five MoUs to develop bilateral trade soon
Egypt and Vietnam are due to sign five memorandums of understanding in fields of investment, stock exchange, and…
Egypt may apply stock market stamp duty in first week of June: official
Egypt expects to apply a stamp duty on stock exchange transactions during the first week of June, Amr al-Munir,…
Toshiba likely to miss quarterly earnings deadline for 3rd time-sources
Toshiba Corp will likely miss a third deadline to report its quarterly business results, two sources told Reuters,…
Egypt hopes to raise 6 bln pounds from sale of stakes in state firms: FinMin
Egypt aims to raise 6 billion pounds ($329 million) from the sale of stakes in state-owned companies in the 2017/18…
Egypt’s Global Telecom says to move headquarters to Amsterdam
Egypt-listed Global Telecom (GTH), previously named Orascom Telecom Holding, will move its operational headquarter…
Banque Misr to raise $500 million via Bond Sale
Banque Misr, Egypt's second-largest state-run bank, plans to raise US$500 million via a dollar-denominated bond on…
University Students Live the Stock Market Moment
The Model of Egyptian Stock Exchange (MESE) kicks off Saturday at the Future University in Egypt (FUE) to teach…
Middle East Stock-Weak Oil, Asian Bourses Set to Dampen Gulf
Drops in the oil price and Asian bourses look set to push down Gulf stock markets on Thursday, as investors…
UNB-Egypt Receives EFSA Approval to Start Rights Issue Phase II August 25
Egypt's financial regulator, Egyptian Financial Supervisory Authority (EFSA), granted Union National Bank Egypt…
15% Growth in TMG Holding Profits in 1Q2014
TMG Holding (TMGH) announced that the company's 1Q2014 net profits increased 15% to LE 160.8 m. Noting that, the…
Egypt’s Amer Group posts 87 pct drop in Q1 profit
Egypt real estate company Amer Group's first-quarter net profit fell 87 percent to 2.026 million Egyptian…
Britain To Announce Islamic Index On Stock Exchange
Prime Minister David Cameron made a bid to position London as a leading hub for Islamic finance onTuesday,…
Egypt Banks Prepare for June 30 Nationwide Protest Rallies
Demand for the dollar stops and stock rises amidst continued tight liquidity.A state of caution and anticipation…
Zain Iraq Invests $20m To List On Stock Exchange
The Iraqi unit of Kuwait mobile phone operator Zain has said it has invested some $20m in its efforts to list on…
Egypt’s GDP grows 5.2 pct in Q1 2012
Egypt's gross domestic product (GDP) grew by an annualized 5.2 percent in the first quarter of calendar 2012…
Small Israeli Market struggles in the Big Pond
After years of outperformance as a big player in a small investment pond, Israel's financial market is struggling…