The EGX30 fell 3.0% at today’s close on turnover of EGP 5.6 bn (9.7% below the 90-day average). Regional investors were the sole net sellers. The index is up 21.1% YTD. In the green: Rameda (+2.4%). In the red: Ibnsina Pharma (-5.4%), Raya Holding (-5.3%), and TMG Holding (-5.0%).
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🗓️ FEBRUARY 19 February (Thursday): First day of Ramadan. 19 February (Thursday): General ticket sales go live for Andrea Bocelli at the New Capital. 27-28 February (Friday-Saturday): Ramadan on the Farm at Hazel Farm. 28 February - 11 March (Saturday-Wednesday): Qahrawya Iftours. MARCH 3 March (Tuesday): Angham at Al Mashrafia tent, the Grand Egyptian Museum. […]
GDP growth forecasts raised 0.7 percentage points from initial targets to 5.2% for the fiscal year.
Good morning, good people, and Ramadan Kareem. We hope you enjoy that final, uninterrupted morning coffee today. Today, we have a big shift in how Egypt handles its wallet, with the Finance Ministry looking to break the debt treadmill by launching 15-year bonds. Meanwhile, the Nile skyline is getting a massive facelift with an 11-km […]
Where the sea meets the saddle. The wait is over. The stage is revealed. Egypt Equestrian Cup 2026. 📍Somabay. March 26 — 27 — 28 Three days of mastery. One arena. Countless legacies in motion.
The Finance Ministry looks to 15-year bonds to break the short-term debt cycle
The public debt strategy aims to lengthen average maturities and slash interest costs by 4% of GDP over the next three years
Egypt readies Nile-front development plan to address hotel room shortage and divestment progress
The move is part of a wider plan that also includes a Nile-side financial and business district targeting global companies
Inside Tanmiya Capital Ventures and Egypt’s private equity market with Managing Partner Mohamed Mahgoub
TCV closed Fund II in December 2024
Visa taps Malak El Baba as general manager of Egypt, Libya, and Sudan sub-region
PLUS: Al Tamimi & Company appointed Ingy Darwish as a new partner at its Egypt office