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Posted inThe Market Yesterday

Powered by EGP / USD CBE market average: Buy 17.67 | Sell 17.76 EGP / USD at CIB: Buy 17.66 | Sell 17.76 EGP / USD at NBE: Buy 17.67 | Sell 17.77 EGX30 (SUNDAY): 12,913 (-0.1%) Turnover: EGP 373 mn (58% below the 90-day average) EGX 30 year-to-date: +4.6% THE MARKET ON SUNDAY: The […]

Posted inCALENDAR

31 August-04 September (Thursday-Monday): Eid Al-Adha, national holiday as specified by the Astronomical and Geophysics Institute. The Thursday is the waqfat Arafat, with the first day of the Eid on Friday, 1 September. September — The House of Representatives is due to begin discussion of the proposed bankruptcy bill. 06 September (Wednesday): The Emirates NBD […]

Posted inWhat We're Tracking Today

What we’re tracking on 27 August 2017

No hard feelings? President Abdel Fattah El Sisi spoke with US President Donald Trump on Thursday evening. Trump called to “underscore the robust friendship relations between Egypt and the U.S., and confirmed his keenness on continuing to further advance relations between the two countries as well as overcoming any hurdles that might affect them,” read […]

Posted inSpeed Round

Carbon Holdings making a splash

INVESTMENT WATCH- Carbon Holdings expects to break ground by June 2018 on its USD 10.6 bn Tahrir petrochemicals complex at the heart of which is “Egypt’s first naphtha cracker and will produce different types of petrochemicals used to make various consumer and industrial goods, according to Reuters.” Tahrir Petrochemicals will be built in the Suez […]

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