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THIS MORNING: Mohamed Omran could be stepping down as FRA chief; EGX has best day since March 2020 on Thursday
Good morning, folks, and welcome to a busy news day. We hope you had a relaxing weekend — and that…
The Suez Canal Authority hasn’t given up on its IPO plans
The SCA still wants to take some of its companies public: The Suez Canal Authority (SCA) is considering listing three…
Edita launches new share buyback program
Edita announces share buybacks: Edita will buy back 5% of its shares over the next two months in a bid…
The market on 2 August 2022
The EGX30 rose 0.2% at today’s close on turnover of EGP 343,84 mn (57.7% below the 90-day average). Foreign investors…
EFG Hermes tops EGX brokerage table in July
EFG Hermes once again topped the EGX’s brokerage league table in July, with a market share of 16.7%, according to…
The market on 1 August 2022
The EGX30 fell 0.5% at today’s close on turnover of EGP 1.11 bn (26.8% above the 90-day average). Foreign investors…
FRA could double EGX freefloat requirements to boost liquidity
FRA could double EGX freefloat requirements: The Financial Regulatory Authority (FRA) is studying the possibility of increasing the minimum freefloat…
Earnings watch: Abu Qir Fertilizers reports FY 2021-2022 results
EARNINGS WATCH- Abu Qir Fertilizers saw a 157.5% y-o-y increase in its net income after tax to EGP 9.05 bn…
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