The EGX30 fell 1.3% at today’s close on turnover of EGP 2.11 bn. Foreign investors were net sellers. The index is up 18.3% YTD. In the green: Cleopatra Hospitals (+4.3%), Credit Agricole Egypt (+2.8%) and Rameda Pharma (+2.3%). In the red: E-finance (-2.9%), Sidi Kerir Petrochemicals (-1.1%) and Elsewedy Electric (-2.3%).
Author Archives: enterpriseam admin
Growth by all means necessary? Abandoning GDP in favor of a Wellbeing Economy
As a measurement of social success GDP is outdated and limited, say economists
MAY May: The sixth edition of Cairo Cinema Days at Zaywa Cinema. 6-20 May (Saturday-Saturday): Cairo Film Society Festival for Egyptian Cinema at the Artistic Creativity Center at the Cairo Opera House. 11-13 May (Thursday-Saturday): Sandbox Festival at El Gouna. 12 May (Friday): Amr Diab concert at 7pm at AUC. 12-15 May (Friday-Monday): Cairo Fashion […]
It’s inflation day: Analysts expect prices to have slowed in April
Median forecast in a Reuters poll has inflation dipping to 31% from 32.7% in March
The TriFactory's Somabay Endurance Festival returns for the fifth time from 25-27 May,bringing together Egypt's multi-sport community for an amazing weekend filled with swimming, cycling, and running throughout the beautiful scenery of Somabay. Select from six different races, Sign up now, and get ready to Experience Endurance.
Here’s the government’s fiscal plan for FY 2023-2024
Economy is “fine,” Maait tells MPs
Is ADQ about to snap up a stake in Elab?
Elab could reportedly see a stake sale before the end of May
Egyptian companies to be protected from MSCI index rebalancing despite FX crisis
The EGX is in contact with MSCI to see how the decision will affect Egyptian stocks
Alexbank secures USD 15 mn from EIB for green on-lending
The funding comes as part of the Green Economy Financing Facility
Abu Dhabi Tourism Investments appoints new CEO
The new CEO has experiencing working at Meridian Hotels Group and Movenpick Aswan