Egypt shares to extend rally amid fresh liquidity, target 16,000 points in mid-term
Benchmark index EGX30 rose for second week in a row as foreigners buy
Elsayed Solyman
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Latest by Elsayed Solyman
Chipsy launches its biggest agricultural programme for potato seed production
Programme helped company locally source 70% of its seeds in 2017
Juhayna reports 39% hike in Q1 profits in dairy, yoghurt segment
Net profit margin increased to 5.2% compared to last year’s 4.5%
Egypt shares target 18,000 points as foreign investors likely to build new positions
EGX saw positive performance last week, despite rising geopolitical tensions
Egypt’s ambitious budget signifies further stable economic conditions
A slew of IPOs likely to boost country’s revenues, decrease deficit
Egypt launches international roadshow to raise €1-1.5bn
Meetings with investors scheduled to end by May, says source
Egypt shares likely to move upwards as CBE extends easing cycle
EGX30 among region’s best performer in Q1; rises 16% to 17,450 points
Egypt shares extend gains for 6th consecutive week; investors likely to book gains
EGX30 rises 0.39% in one week, hitting 17,064 points
Egypt shares likely to halt rally amid possible profit-taking streak
EGX30 rises 2.3% in one week, closing at 16,999 points
Egypt shares to extend upwards trajectory as CBE seen cutting interest rates
EGX30 records best weekly gains since December 2016 in heavy trade
Egypt shares to test historical peaks as foreign investors likely to inject cash-ins
Benchmark index EGX30 rose 0.81% in a week; closes at 15,443.18 points
ADFG eyes expansion in Egyptian market as economic reforms pay off, says CEO
Firm with around $6bn in assets considers different opportunities in many sector
Porto Group Holding reports 109% hike in 2017 profit; proposes bonus shares
Company net profit stood at EGP 245.5m last year, up from EGP 117.5m prior year
250m Egyptian sports fund launched by Banque Misr
The Fund will be managed by Misr Beltone
Transfast looks to expand in Egyptian market as it launches new cross-border payment platform
Company signs contracts with local banks, including CIB, United Bank, to facilitate money transfer
Egypt shares moving upwards as CBE cuts interest rates
Investors to embark on building new positions in large cap ahead of earnings season
SHUAA Capital initiates Egypt operations as it targets regional growth
Company mulls expansion in Egyptian market to boost profitability
Best time to drink your cup of coffee as prices fall
Global coffee supplies set to see surplus as top grower looks to harvest record volumes
 Dana Gas receives $164m in arrears from Egypt in 2017
UAE-based company says its total receivable balance fell 14% to $228m
Further fall in inflation paves way for interest rates cut in Egypt: Capital Economics
Current data enough to convince MPC to ease policy at its next meeting
Egypt shares expected to move sideways amid a slump in global markets
EGX30 declined for 3rd week in a row; likely to extend downward trends
Egypt gas sector experiencing renaissance: report
Rising gas production to boost GDP by more than 2.5% over coming years
Egyptian non-oil private sector stabilises in January
New export orders register renewed rise amid greater demand from international markets
Egypt’s economy to keep growth trajectory alive: Arqaam Capital
External balance continues to improve, current account deficit remains unchanged
Egypt to top African countries’ economic growth in 2018: report
New investment law will reinforce investors’ confidence, lure direct investments
Amer Group reports 50% decline in 2017 consolidated profits on lower revenues
Company net profit stands at EGP 92.9m versus EGP 184.4m in 2016
Al Tayyar Travel to boost Egypt operations in 2018 as it seeks expansion
Company plans to inject new investments into tourism, real estate sector
Egypt shares await fresh stimulus to resume rally amid lack of catalysts
Main benchmark closed almost flat last week on sell-off streak to book gains
Juhayna 2017 profits soar 268% as sales accelerate
Company’s revenues climbed to EGP 6.06bn versus EGP 4.9bn in 2016
Egypt business environment improving: CI Capital
Company considers IPO to raise capital for further expansion