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The EGX30 rose 0.5% at today’s close on turnover of EGP 9.5 bn (7.2% above the 90-day average). Regional investors were the sole net sellers. The index is up 25.1% YTD.
In the green: Heliopolis Housing (+7.3%), Emaar Misr (+2.8%), and Raya Holding (+2.6%).
In the red: AMOC (-2.2%), Abu Qir Fertilizers (-1.8%), and TMG Holding (-0.7%).
Bankers say the rules aren’t written yet. Data center builders…
International lenders say more tax could tip the balance as…
Group CEO Karim Awad credits the central bank’s decision to…
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…
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