The EGX30 rose marginally at today’s close on turnover of EGP 4.4 bn (0.4% below the 90-day average). Local investors were the sole net buyers. The index is up 18.2% YTD. In the green: Palm Hills Development (+3.8%), EFG Holding (+1.9%), and Orascom Development (+1.8%). In the red: Rameda (-1.7%), CIB (-1.6%), and Credit Agricole […]
Author Archives: enterpriseam admin
? SEPTEMBER 1-7 (Monday - Sunday): Amira Selim singing masterclass at Khayal Arts and Music Academy. 3 September (Wednesday): John Achkar at Arkan Theatre. 4 September (Thursday): Al Mawlid Al Nabawi. 4 September (Thursday): Trivia Night at Darb 15. 5 September (Friday): Minimalism: Less is More at Darb 15. 5 September (Friday): The Stand Up […]
Madbouly is in China for the Shanghai Cooperation Organization Plus summit
Good morning, all. We’re preparing to bid farewell to sahel season and weekends by the beach as we bid farewell to August and prepare to walk into September, back-to-school season, and shorter days. But it isn’t over just yet — we’re in for one last long weekend this summer with next Thursday off in observance […]
Whether you’re diving into turquoise waters, catching golden hour from your terrace, or just letting time drift by — Somabay is summer, redefined. Your ultimate escape, every single time.
GDP growth picks up to 4.5% in FY 2024-25
External debt fell USD 1 bn last fiscal year
CBE resumes its easing cycle with 200 bps cut
Rates are now down a whole 525 bps since the bank began its easing cycle in April
Egypt, Qatar move to activate USD 7.5 bn investment package, sign new cooperation agreements
The investment package was first announced during President Abdel Fattah El Sisi’s visit to Qatar in April
CIRA moves closer to raising its stake in CAED + Raya Holding submits MTO to increase its stake in RCX
CIRA’s transaction is valued at EGP 80.8 mn, according to our math
GlobalCorp closes EGP 4.9 bn securitized bond issuances
The issuances include the company’s seventh leasing-backed bond and its first mortgage-backed issuance