Raya Holding to invest $70m in agriculture factory in Uganda
Company will negotiate to acquire minority stake in factory
Elsayed Solyman
21 Articles
Latest by Elsayed Solyman
Domty turns to profitability in Q4 on higher than expected sales
Company net profit hit EGP 30.6m in three months until end-December
JTI expands business, investments in Egyptian market
Company launches new brand as part of long-term business strategy for Egypt
Egypt shares expected to move sideways on profit-taking, await fresh stimulus
EGX30 falls 1.56% or 240.27 points in a week, records worst weekly losses in 2018
CEO optimism booms despite increasing anxiety over threats to growth: report
Positive outlook of global economic growth reaches record levels in all countries
Egypt stock market tops investment opportunities in 2018
Investors bullish on pharmaceutical, healthcare, consumer, bank stocks
World clean energy investment totalled $333.5bn in 2017
Investment up 3% from 2016, second highest annual figure ever
MTI signs distribution agreement with world’s 2nd largest producer of household appliances
Sales planned to begin February 2018, expected to add over EGP 200m to 2018 company revenues
Egypt inflation to fall to single digit by end-2018: Capital Economics
Drop in inflation driven by waning impact of devaluation of pound
Egypt shares to extend rally amid fresh stimulus: EGX 30 targets 15,500 pts
Foreign funds bullish on local shares as reform plans pay off, says Renaissance Capital
Egypt economy continues to gather strength heading into 2018: FocusEconomics
New investment, industrial licensing laws likely to boost investments
EGX to embark on trading separate subscription rights for non-listed companies


The new strategy will enhance companies ability to raise capital
TMG posts 100% hike in 2017 sales, highest level since 2008
Sales have exceeded the company’s targeted annual budget to EGP 13.1bn
Wheat in focus as fierce competition, oversupply weigh on prices
World consumption and trade expected to decrease slightly in 2018
Egypt’s easing cycle to be larger than most expect: Capital Economics
Interest rate to be cut to 13.25% by end-2018 and 11.25% by end-2019
Qalaa Holding logs EGP 311.7m losses in Q3 on high interest expenses
Company revenues up 38% on account of strong growth from energy subsidiariesÂ
Egypt shares seen moving sideways as CBE keeps interest rates on hold
EGX30 rises 2.35% in a week, hovers around all-time high
AT Lease launches trading on EGX amid investor interest
The company will be backing the share price for a period of one month after trading begins
Sugar price downward trajectory extends as production rises
Profitability of mills likely to fall in 2018 amid weak demand
EGX attracts 1,150 foreign investors in 2017: chairperson
Foreign buying stood at EGP 7.4bn last year, 14 firms seek to go public on EGX in 2018
Madinet Nasr Housing contracts, reservations surge 46% in 2017
Taj City, Sarai serve as a boost to company pre-sales book
Egypt shares likely to extend bullish trend until end-2017 amid weak liquidity
EGX30 closes almost flat in one week as foreigners embark on sell-off streak
Crescent Insurance Broking boosts business, targets EGP 150m premiums in 2018
Company sets new strategy to expand in local market with Chinese partnership
Eagle Capital acquires Abou Hashima’s stake in Egyptian Media Group
Value of transaction was not disclosedÂ
AT Lease considers expansion as company lists 24% of its shares
Company eyes new investment opportunities in different sectors
Orascom Construction consortium reaches financial close for 250 MW wind farm in Egypt
CIB will act as working capital bank for deal
Ahead of year-end, Egypt shares likely to test new peaks on local purchasesÂ
EGX 30 rises 2.69% to 14,679.91 points; targets 15,000 points in the mid-term
CBE likely to embark on easing cycle as inflation declines
The bank could cut interest rate by 1% in the December meeting, say analysts
Gulf Capital closes 3 new growth capital transactions in Egypt, Africa, Turkey
Fund will allocate $22m for oil, gas infrastructure in EgyptÂ
Ibnsina Pharma starts trading on EGX amid investor interest
Company accounted for 24% of Tuesday’s turnover, stock up 3.54%