The EGX30 fell 0.6% at today’s close on turnover of EGP 3.3 bn (22.2% below the 90-day average). Regional investors were the sole net buyers. The index is up 13.6% YTD. In the green: Beltone Holding (+4.1%), Oriental Weavers (+2.4%), and Egypt Kuwait Holding (+1.7%). In the red: Ezz Steel (-5.1%), GB Corp (-4.0%), and […]
Author Archives: enterpriseam admin
JULY 7-31 May-July (Tuesday-Wednesday): Cairo Cinema Days program, at Zawya Cinema. 11-2 June-September (Tuesday-Monday): Afeshat w Aflam exhibition at Bibliothek. 11 July (Thursday): National holiday in observance of Islamic New Year. 11-30 July-August (Thursday-Friday): New Alamein Festival at North Coast. 11-12 July (Thursday-Friday): Mimo at the Grand Nile Tower Hotel. 12 July (Friday): Punch needle […]
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Madbouly lays out the new Egyptian govt’s priorities for the next three years in policy statement to the House
Madbouly outlined the new government’s agenda over the next three years by outlining four key pillars that will guide them
Egypt's current account deficit widens 225% y-o-y in 9M FY 2023-24
Strong FDI inflows and a shift to portfolio investment inflows help boost overall BoP surplus
UAE’s Electra snaps up 20% of Elsewedy Electric for USD 450 mn
Elsewedy Electric’s share price remained relatively stable following the transaction
Adeer to set up mixed-use development in East Cairo alongside Paragon
The Saudi real estate developer has plans to partner with Egyptian companies on projects in Egypt and Saudi