The EGX30 fell 1.9% at today’s close on turnover of EGP 4.5 bn (5.8% below the 90-day average). Foreign investors were the sole net sellers. The index is up 1.7% YTD. In the green: Edita (+1.6%), Mopco (+0.4%), and Credit Agricole (+0.1%). In the red: TMG Holding (-5.8%), Oriental Weavers (-4.6%), and Eastern Company (-4.0%).
Author Archives: enterpriseam admin
JUNE 19 June (Thursday): Sainte Vie at CJC 610. 19 June (Thursday): Lella Fadda at Alexandria’s Antoniades Park. 19 June (Thursday): The Bends Radiohead Tribute Band at Room Art Space. 20 June (Friday): Rodge at CJC 610. 20 June (Friday): Tablet el Sitt at El-Sawy Culturewheel. 20 June (Friday): Malandra Jr. at Cassette, New Alamein. […]
EGP strengthens against the greenback for second day, following Sunday rout
Good morning, all. We’re nearing the end of the week and the news cycle shows few signs of slowing down, with Israel’s escalating war on Iran and plenty of local business and economic news closer to home. In today’s issue, we’ve got encouraging news of new gas wells set to go online next month, big-ticket […]
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.
Another 100 mn cubic feet per day of gas production to be added in July with West Delta addition
Shell alongside Petronas is investing some USD 300 mn into the 11th phase of the concession
Finance Ministry to launch eight new PPP projects within the next four months totalling EGP 40 bn
Total estimated investments for the new projects stand at EGP 40 bn
ADD Properties to open USD 265 mn Hyatt hotel overlooking Giza Pyramids
After a ten-year break from the county, ADD Properties helped bring back Hyatt to the country in 2022
EFG Hermes to double down on Saudi with new services
The firm will launch securities lending and borrowing services in 3Q 2025