The EGX30 rose 0.8% at today’s close on turnover of EGP 3.28 bn. Local investors were net buyers. The index is up 19.8% YTD. In the green: Qalaa Holdings (+7.3%), Heliopolis Housing (+6.8%), and Ibnsina Pharma (+6.2%). In the red: Orascom Construction (-3.9%), Mopco (-3.3%), and Egypt Kuwait Holding- EGP (-3.2%).
Author Archives: enterpriseam admin
Meet our founder of the week: Yasmeen Khamis, co-founder and CEO of Doodle Factory
Doodle Factory takes art designed by underprivileged children and prints them on different products
MAY 17 May-10 June (Wednesday-Saturday): Cairo Cinema Days at Zawya Cinema, Downtown Cairo. 27 May-27 June (Saturday-Tuesday): Annual Flower Exhibition from 10am at the Agricultural Museum. JUNE 1-10 June (Thursday-Saturday): Cairo Food Week. 9 June (Friday): TriFactory Madinaty Half Marathon. 10 June (Saturday): Thanaweya Amma examinations begin. 15 June (Thursday): Last day of the Traces […]
It’s PMI day
Egypt’s non-oil private sector contracted for the 29th consecutive month in April
Solasi Wellbeing Festival has been lovingly created by Yes Yoga and Osana Family Wellness and takes place at the beautiful Somabay from 21-23 September. Solasi brings you Sunrise Yoga, Sound Healing, Funky Classes, Morning Runs, Enlightening Workshops, Healing Treatments, Tai Chi, Meditation, Kids Activities, locally sourced food, and lots of dancing. Don't miss your chance […]
Taqa Arabia shares to be listed on EGX this week ahead of direct offering
Taqa Arabia will offer 1.35 bn shares at EGP 0.50 per share
Government working on EDC, Elab stake sales -CNN
The government plans to offload 49% of its stake in EDC and more than 40% of Elab
Healthtech startup Rology acquires Saudi radiology firm
This is Rology’s first step into the Saudi market
SPOTLIGHT- Amr El Bahey, CEO and Egypt country head at Mashreq Bank
El Bahey details the bank’s strategy and gives us his thoughts on SMEs, fintech, and the outlook for the Egyptian economy