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Posted inGO WITH THE FLOW

What the markets are doing on 3 January, 2023

The EGX30 rose 0.7% at today’s close on turnover of EGP 2.21 bn (42.8% above the 90-day average). Foreign investors were net sellers. The index is up 3.2% YTD. In the green: Madinet Nasr Housing (+5.3%), Palm Hills Development (+4.7%) and Heliopolis Housing (+4.6%). In the red: Juhayna (-2.0%), Cleopatra Hospitals (-1.9%) and CIRA Education […]

Posted inFounder of the Week

Meet our founder of the week: Miro Establishments co-founder and CEO Mohamed Hazem

OUR FOUNDER OF THE WEEK- Every Tuesday, Founder of the Week looks at how a successful member of Egypt’s startup community got their big break, asks about their experiences running a business, and gets their advice for budding entrepreneurs. Speaking to us this week is Mohamed Hazem (LinkedIn), founder of architecture firm, contractor, and developer […]

Posted inCALENDAR

JANUARY January: EGX-listed companies and non-bank lenders will submit ESG reports for the first time. January: Fuel pricing committee meets to decide quarterly fuel prices. January: Infinity + Africa Finance Corporation to close acquisition of Lekela Power. January: Global Auto to restart BMW assembly in Egypt. 7 January (Saturday): Coptic Christmas. 8 January (Sunday): National […]

Posted inUncategorized

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