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Only 5 companies from each sector to be included in EGX after August rebalancing
A maximum of five companies operating in each sector will be included on the EGX30 index, under new regulations set…
THIS MORNING: EGX election results announced; Powell settles fears on inflation, stimulus.
Good morning, ladies and gentlemen — and that’s a wrap on EnterpriseAM until we return from the Eid break, when…
Eastern Company goes up 3.5% on tobacco price increase announcement
The EGX30 rose 1.6% at today’s close on turnover of EGP 1.89 bn (36.2% above the 90-day average). Foreign investors…
THIS MORNING: Four days off next week; EGX election day; Irrigation minister in DRC; Hariri to meet Shoukry in Cairo today; US inflation spikes.
GOOD NEWS- We’re officially getting a four-day vacation: Government agencies and public sector companies will receive a four-day break next…
CI Capital board gives Banque Misr preliminary approval for Souhoola majority stake purchase
CI Capital’s board gives initial nod to the sale of a controlling stake in Souhoola to Banque Misr. The board…
EGX-listed companies + NBFS players will face mandatory ESG disclosures
Mandatory ESG reporting requirements are coming for EGX-listed companies and just about all NBFS players under a decree issued by…
CIB net income up 24% in 2Q
CIB’s net income rose 24% y-o-y in 2Q2021, reaching EGP 3.21 bn from EGP 2.6 bn in the same period…
THIS MORNING: EGX elections tomorrow.
Good morning, all. We have another packed issue for you this morning, albeit one that is again low on hard…
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