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EGX slides after three days of gains
The EGX is back in the red again after three days of gains: The EGX30’s three-day bull run came to…
Egyptian equities join world’s top performers as EGX soars on CBE intervention
Egyptian equities join world’s top performers as EGX soars on CBE intervention: The benchmark EGX30 joined the ranks of the…
Egypt goes full Kuroda: CBE to directly purchase equities in a bid to stem EGX sell-off
CBE to directly purchase equities in a bid to stem EGX sell-off: The Central Bank of Egypt (CBE) will buy…
Egypt postpones state privatization program, new program to be announced in two months
PRIVATIZATION WATCH- The state privatization program is officially being put on ice as the covid-19 outbreak wreaks havoc on global…
EGX30 ends in the green for the first time in two weeks
The EGX30 closed Thursday in the green for the first time in weeks: The benchmark EGX30 closed in the green…
EFG Hermes net profit up 36% in 2019
EARNINGS WATCH- EFG Hermes’ net profit surged 36% in 2019 to EGP 1.38 bn from EGP 1 bn a year…
Banque du Caire shelves IPO on market volatility -sources
IPO WATCH- Banque du Caire shelves IPO on market volatility -sources: State-owned Banque du Caire (BdC) has postponed plans to…
Market regulator extends the financial statement submissions deadline to the end of April
REGULATION WATCH- Regulator extends financial statement submission deadline, allows trading via email, text: The Financial Regulatory Authority (FRA) decided yesterday…
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