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THIS MORNING: A new month; COP26 summit starts today; El Sisi arrives in Scotland; Senate to discuss EGX capital gains tax.
Good morning, wonderful people, and welcome to an exceptionally busy news day here in Egypt, with everything from a little…
Market roundup on 31 October
The EGX30 fell 0.8% at today’s close on turnover of EGP 1.18 bn (22.9% below the 90-day average). Local investors…
TONIGHT: The capital gains tax gets its day in (parliamentary) court + COP26 gets underway in Glasgow
It’s been an atypically busy Sunday, with some good news coming out of the state privatization program, the Finance Ministry…
Market roundup on 28 October
The EGX30 rose 1.3% at today’s close on turnover of EGP 1.32 bn (13.5% below the 90-day average). Foreign investors…
Market roundup on 27 October
The EGX30 rose 1.0% at today’s close on turnover of EGP 1.21 bn (20.7% below the 90-day average). Foreign investors…
Egypt letting go of emergency rules was good news for the EGX
It wasn’t a particularly eventful night on the airwaves, with President Abdel Fattah El Sisi’s decision yesterday to not renew…
Ghazl El Mahalla FC lines up EGX’s second IPO this quarter
Two IPOs on the EGX in as many months? State-owned sports club Ghazl El Mahalla could debut on the EGX…
Alexandria Container and Cargo Handling’s net income up 21% in 3Q2021
EARNINGS WATCH- Alexandria Container and Cargo Handling’s net income rose 21% to EGP 336.3 mn in 3Q2021, up from EGP…
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