The EGX30 rose 1.1% at today’s close on turnover of EGP 3.7 bn (3.9% above the 90-day average). Foreign investors were the sole net sellers. The index is up 6.5% YTD. In the green: GB Corp (+8.2%), Eastern Company (+6.5%), and Madinet Masr (+2.8%). In the red: Egypt Alum (-4.0%), Juhayna (-3.7%), and Rameda (-3.2%).
Author Archives: enterpriseam admin
Is there a relationship between wealth and wellbeing?
Individuals must satisfy basic needs — like access to food, water, shelter, warmth, and sleep — before progressing to higher needs, like motivation and self-fulfillment
MARCH 21 March (Friday): Mother’s Day. 21 March (Friday): Saad El Oud at Majarrah. 21 March (Friday): Tablet El Sitt at Theatro Arkan. 21 March (Friday): Medhat Saleh at the Cairo Opera House. 22 March (Saturday): Iftour in City of the Dead with Qahraweya. 24 March (Monday): Mazeek live at Boom Room. APRIL 1 April […]
The state recorded a primary surplus of EGP 330 bn in 8M FY24-25
Good morning, ladies and gentlemen. It appears the Ramadan news slowdown has taken a break for the day — we have a packed issue for you this morning led with news of upcoming amendments to the VAT Law, a hike to fuel prices, and fresh Indian investments as Investment Minister Hassan El Khatib continues to […]
Celebrate Eid with unforgettable moments at Somabay. From storytelling and upcycling to thrilling adventures, live music, and beachside yoga — there’s something for everyone. Join us for a season of joy, movement, and magic by the sea.
FinMin to issue amendments to the VAT Law
The measure comes as part of our reform program with the IMF
Gov’t could raise fuel prices next month
The fuel pricing committee is expected to raise prices by EGP 1-1.25 to narrow the gap between selling prices and production costs
India’s Sterlite Power proposes USD 6 bn energy infrastructure project
The news came during El Khatib’s visit to India
China's SBH Kibing Solar New Energy wants to set up a USD 700 mn solar panel glass factory in SCZone
The majority of output will be exported