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Opening date for Grand Egyptian Museum set for 1 November
Good morning, friends, and welcome to the weekend. With last weekend’s hotter-than-ever weather behind us, we can finally get out…
What the markets are doing on 7 August 2025
The EGX30 rose 0.9% at today’s close on turnover of EGP 4.7 bn (8.1% below the 90-day average). Local investors…
Falling business investment could weigh on global growth, says OECD
Insufficient demand and increased uncertainty are pushing a slowdown in investment
FRA unveils regulatory framework for fractional real estate investment
Individuals are allowed invest in fractional ownership of real estate units through digital platforms
What the markets are doing on 6 August 2025
The EGX30 rose 0.6% at today’s close on turnover of EGP 5.2 bn (1.7% above the 90-day average). Local investors…
Wall Street warns pullback is coming, but says buy the dip
Pundits see a correction of 10-15% looming this quarter
Foreign reserves increase to USD 49 bn in July
PLUS- McDonald's is planning to invest EGP 1 bn in the local market by the end of 2026
National Printing Company soars on trading debut, gaining 9.4%
The stock still has headroom, with a fair value estimate of EGP 28.27 a pop.
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