{"id":556387,"date":"2021-10-24T03:57:50","date_gmt":"2021-10-24T03:57:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/24\/french-parcel-company-takes-20-of-aramex\/"},"modified":"2021-10-24T03:57:50","modified_gmt":"2021-10-24T03:57:50","slug":"french-parcel-company-takes-20-of-aramex","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/24\/french-parcel-company-takes-20-of-aramex\/","title":{"rendered":"French parcel company takes 20% of Aramex"},"content":{"rendered":"

French express parcel player acquires 20% of Aramex:<\/strong> Geopost, the express parcel arm of France\u2019s Groupe La Poste, acquired 20.2% of Dubai-listed Aramex for USD 381.2 mn, according to Reuters<\/a>. The French company purchased a total of 295 mn shares in Aramex.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

<\/use><\/svg><\/p>\n<\/td>\n\n

EGX30 <\/strong><\/p>\n<\/td>\n

\n

11,132<\/p>\n<\/td>\n

\n

-0.6% (YTD: +2.6%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD (CBE)<\/strong><\/p>\n<\/td>\n

\n

Buy 15.66<\/p>\n<\/td>\n

\n

Sell 15.76<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

USD at CIB<\/strong><\/p>\n<\/td>\n

\n

Buy 15.66<\/p>\n<\/td>\n

\n

Sell 15.76<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Interest rates CBE<\/strong><\/p>\n<\/td>\n

\n

8.25% deposit<\/p>\n<\/td>\n

\n

9.25% lending<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Tadawul<\/strong><\/p>\n<\/td>\n

\n

11,940<\/p>\n<\/td>\n

\n

+0.3% (YTD: +37.4%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

ADX<\/strong><\/p>\n<\/td>\n

\n

7,876<\/p>\n<\/td>\n

\n

-0.2% (YTD: +56.1%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

DFM<\/strong><\/p>\n<\/td>\n

\n

2,857<\/p>\n<\/td>\n

\n

+1.4% (YTD: +14.7%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

S&P 500<\/strong><\/p>\n<\/td>\n

\n

4,545<\/p>\n<\/td>\n

\n

-0.1% (YTD: +21.0%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

FTSE 100<\/strong><\/p>\n<\/td>\n

\n

7,205<\/p>\n<\/td>\n

\n

+0.2% (YTD: +11.6%)<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Brent crude<\/strong><\/p>\n<\/td>\n

\n

USD 85.53<\/p>\n<\/td>\n

\n

+1.1%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n

\n

USD 5.28<\/p>\n<\/td>\n

\n

+3.2%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

Gold<\/strong><\/p>\n<\/td>\n

\n

USD 1,796.30<\/p>\n<\/td>\n

\n

+0.8%<\/p>\n<\/td>\n<\/tr>\n

\n

<\/use><\/svg><\/p>\n<\/td>\n\n

BTC<\/strong><\/p>\n<\/td>\n

\n

USD 61,064.40<\/p>\n<\/td>\n

\n

+1% (as of midnight)<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

THE CLOSING BELL-<\/strong><\/p>\n

The EGX30 fell 0.6% at Wednesday\u2019s close<\/strong> on turnover of EGP 4.78 bn (68.8% above the 90-day average). Local investors were net buyers. The index is up 2.64% YTD.<\/p>\n

In the green: <\/strong>Misr Fertilizers Production Company (+5.8%), Speed Medical (+5.0%) and Ezz Steel (+3.2%).<\/p>\n

In the red: <\/strong>Gadwa for Industrial Development (-5.0%), MM Group (-4.3%) and Rameda Pharma (-3.5%).<\/p>\n","protected":false},"excerpt":{"rendered":"

French express parcel player acquires 20% of Aramex: Geopost, the express parcel arm of France\u2019s Groupe La Poste, acquired 20.2% of Dubai-listed Aramex for USD 381.2 mn, according to Reuters. The French company purchased a total of 295 mn shares in Aramex. EGX30 11,132 -0.6% (YTD: +2.6%) USD (CBE) Buy 15.66 Sell 15.76 USD at […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7210],"tags":[3358,72,119,3356,3357,7128,122],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-556387","post","type-post","status-publish","format-standard","hentry","category-planet-finance","tag-aramex","tag-enterpriseam","tag-financial-markets","tag-geopost","tag-groupe-la-france","tag-ma-watch","tag-planet-finance","wpautop","entry"],"acf":{"mongo_id":"2f0e3f13-1601-46df-ac53-4f21751cb624","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[556361],"teaser":"","voice_url":""},"yoast_head":"\nFrench parcel company takes 20% of Aramex - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/10\/24\/french-parcel-company-takes-20-of-aramex\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"French parcel company takes 20% of Aramex\" \/>\n<meta property=\"og:description\" content=\"French express parcel player acquires 20% of Aramex: Geopost, the express parcel arm of France\u2019s Groupe La Poste, acquired 20.2% of Dubai-listed Aramex for USD 381.2 mn, according to Reuters. 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The non-binding agreement will see the Abu Dhabi-based retailer establish up to 30 hypermarkets and 100 mini markets, as well as logistics hubs and distribution\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/201.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":672733,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/29\/role-models-that-share-a-taste-for-ambition\/","url_meta":{"origin":556387,"position":3},"title":"Role models that share a taste for ambition","author":"enterpriseam admin","date":"29 September 2025","format":false,"excerpt":"? Joining the roster of podcasts catering to people interested in entrepreneurship and success stories is Flavors of Ambition, created by BCG. 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