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Rameda, Misr Insurance and jeans maker T&C all make IPO news
IPO WATCH- There’s plenty of chatter in the market this morning about IPOs, some on the near horizon, others further…
Egyptian Commodity Exchange company to be established next month
EGX, Supply Ministry to set up company to manage commodities exchange next month: The Egyptian Stock Exchange (EGX) and the…
Pioneers Holding to make five MTOs, split into three companies
Pioneers to make five MTOs: Pioneers Holdings’ board of directors has agreed to make non-cash mandatory tender offers to increase…
Derivatives trading and Egypt’s first futures exchange are coming next year -Farid
Futures exchange, derivatives trading are coming next year: Egypt could launch derivatives trading and its first futures exchange in 1H2020,…
EGP, EGX rally after CBE rate cut
The EGP flexed its muscles against the USD yesterday, rallying on the first market day after the central bank cut…
Late-week EGX30 rebound has helped to steady share slide
Late-week EGX30 rebound helped stymie share slide: Despite the EGX30 being the second-worst performing equity index of last week, a…
Egypt’s benchmark EGX30 index rises 3.2% after eight-day slide
EGX30 rises 3.2% after eight-day slide: The Egyptian Exchange rebounded yesterday, bringing a dose of much-needed positivity to a week…
What we’re tracking on 26 September 2019
You may now take a breath: The sell-off on the EGX30 finally cooled off yesterday as the index closed up…
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