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Ghazl El Mahalla’s micro-IPO misfires in extra time
Retail investors put in orders for just 18% of the shares made available to the public in Ghazl El Mahalla…
What the markets are doing on 28 August, 2022
The EGX30 fell 1.1% at today’s close on turnover of EGP 1.19 bn (29.7% above the 90-day average). Local investors…
Egyptian economy grew 6.6% in FY 2021-2022, says planning minister
The Egyptian economy grew at a 6.6% clip in FY 2021-2022, up from 3.3% the previous year, according to initial…
Now is the time to invest in the EGX, says Tellimer
EGX-listed stocks are trading at a 50% discount to their recent five-year average, creating a good buy for investors, Hasnain…
Ramy El Dokany is the new head of the EGX
The EGX has a new boss: Rami El Dokany (LinkedIn) has been named head of the EGX for a one-year…
Earnings watch: CI Capital reports 2Q 2022 results
EARNINGS WATCH- CI Capital reported EGP 1.612 bn in group revenues in 1H 2022, a 36% y-o-y increase (after normalizing for…
What the markets are doing on 24 August, 2022
The EGX30 fell 0.3% at today’s close on turnover of EGP 1.32 bn (37.6% above the 90-day average). Foreign investors…
Four global firms in the running to build Anchorage’s USD 2 bn petchem complex
Anchorage Investments has shortlisted four international firms to build its USD 2 bn petrochemical complex in the Suez Canal Economic…
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