The EGX30 rose 0.3% at today’s close on turnover of EGP 6.1 bn (16% above the 90-day average). Local investors were the sole net buyers. The index is up/down 41.4% YTD. In the green: ADIB (+3.3%), AMOC (+2.2%), and E-finance (+2.0%). In the red: Misr Cement (-1.6%), Palm Hills Developments (-1.2%), and Orascom Construction (-0.9%).
Author Archives: enterpriseam admin
?️DECEMBER 6 December - 15 February (Saturday-Sunday): Cairo Prints at Cairopolitan in Garden City. 7-15 December (Sunday-Monday): El Moristan at AUC Falaki Mainstage Theater. 11-13 December (Thursday-Saturday): Cairo Art Book Fair at Ghurnata Community Space. 11-14 December (Thursday-Sunday): Arts and heritage festival at Bayt Yakan. 12 December (Friday): The Winter Music Festival at Open Air […]
A tourism investment plan?
Good morning, friends. We have another brisk issue for you this morning as we inch closer to closing out the week. Privatization and M&A lead the news well this morning — sources told us that the next phase of the privatization program will pick up steam early next year after the government rolls out its […]
Privatization to pick up steam in 1Q 2026 as stock market incentive package nears completion
The exact dates are still being finalized, taking into account the year-end close and the rollout of the new stock market incentive package
Orascom Construction board greenlights merger with OCI Global to form new Abu Dhabi-based infrastructure giant
OCI shareholders will swap their stock for roughly 97.8 mn Orascom shares at an exchange ratio of 0.46 Orascom share for each OCI share
Customs Authority head Ahmad Amawi on customs reforms and trade movement -Part I
The government is currently reviewing amendments to the customs tariff system to better regulate the market
EGX-listed Al Tawfeek Leasing wraps EGP 1.8 bn securitization issuance
Proceeds will be used to shore up the balance sheet and finance the company’s expansion pipeline