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Global stocks see second-consecutive day of gains on bailout hopes
Global stocks see second-consecutive day of gains on bailout hopes: Global equity markets continued Tuesday’s rally yesterday on hopes that…
EGX holds steady after days of volatility
EGX holds steady after days of volatility: The EGX30 crept up yesterday to close 0.97% in the green. The index…
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…
US stocks suffer worst week since 2008 as global economic outlook darkens
US equities suffered their worst week since 2008 last week as the financial and economic consequences of the covid-19 outbreak…
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…
EGX sell-off slows following CBE’s surprise rate cut
EGX sell-off slows following CBE’s surprise rate cut: The benchmark EGX30 index dipped again yesterday, but at a slower pace…
Gov’t cuts EGX taxes, energy prices to support businesses through covid-19 outbreak
Gov’t cuts EGX taxes, energy prices to support businesses through covid-19 outbreak: The government has announced a package of fiscal…
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