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Fawry becomes first Egyptian tech company to achieve USD 1 bn market cap
STARTUP WATCH- Fawry is officially Egypt’s first unicorn: EGX-listed e-payments firm Fawry became the first Egyptian tech company to hit…
Could we be getting more clarity on the fate of Egypt’s state privatization program this month?
PRIVATIZATION WATCH- Could we be getting more clarity on the fate of the state privatization program this month? Finance industry…
Egypt’s bourse adds 16 new companies to its list of securities eligible for shorting
You now have more stock options for short selling: The EGX has added 16 new companies to its list of…
Americana Egypt approves delisting shares from EGX ahead of Adeptio purchase
M&A WATCH- Americana Egypt approves delisting shares from EGX to fulfill Adeptio purchase: Americana Egypt’s board of directors have approved…
The EGX is allowing investors to short smaller companies
The EGX is allowing investors to short smaller companies: The EGX yesterday approved plans to allow investors to short smaller…
Egypt’s education services have weathered the covid-19 storm on equity markets
Education stocks have weathered the covid-19 storm in equity markets that has dragged down other industries, underscoring its position as…
Egyptian Steel, Edita, Beltone now listed on rebalanced EGX30
The EGX30 swapped five companies in its regular rebalancing last week. The full rundown of the rebalancing is here (pdf).…
Galina Holding eyes Egypt IPO in early 2021
IPO WATCH- Agrifoods player Galina eyes IPO in early 2021: Galina Holding is planning to make its EGX debut around…
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