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EGX rises 1.8% on Monday, 16 January
The EGX30 rose 1.8% at today’s close on turnover of EGP 2.78 bn (65.4% above the 90-day average). Local investors…
Vodafone Egypt shareholders have until close tomorrow to sell to Vodacom
CAPITAL MARKETS- Minority shareholders in Vodafone Egypt will have another two days to decide whether to sell shares to Vodacom…
UK-based Softline Group acquires majority stake in cloud computing company Digitech
M&A- UK-based software firm Softline Group LTD has acquired a 51% stake in cloud computing company Digitech for EGP 262 mn,…
EGX could join Gulf bourse exchange hub -report
CAPITAL MARKETS- EGX looks to forge closer ties with Gulf counterparts: EGX officials are reportedly mulling onboarding the EGX to…
House postpones debate on draft Labor Act while gov’t makes tweaks
LEGISLATION- The gov’t is taking another look at the draft labor bill: The Madbouly government requested the House Manpower Committee…
Four state-owned companies ready to list, with eight more to follow -EGX
Gov’t is ready to pull the trigger on listings of shares in four firms: The Madbouly government is ready to…
The EGX was the Middle East’s best performer in 2022
The EGX dethrones the ADX as the region’s best-performing stock market: The EGX was the best-performing stock market in the…
Capital markets in 2022: It just wasn’t the year for fresh paper
Let’s just say it outright: 2022 was not a great year for the EGX. Last year, we were cheering the…
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