Latest in Stock Market Highlight
Latest in Stock Market
Kuwaiti KAMCO taps Zaki Hashem as legal adviser on Egypt expansions plans
Company mulls establishing investment bank in Cairo by 2019
Bourse suffers amid broader selloff streak in emerging markets
EGX30 records its worst monthly losses in almost 2.5 years, likely to end correction this week
Sarwa Capital to list on EGX by end-Q3
Partial exit, capital increase worth $150m; Beltone Financial serving as financial adviser, Matouk Bassiouny legal adviser
Inflows to emerging markets concentrate on certain countries, including Egypt: IIF
EM problems concentrated in Argentina, Turkey, says Capital Economics
MG Developments to hire advisers as it mulls IPO by end-2019
Company plans to raise its capital to finance further expansion through stock market
Egypt shares to resume rally as corrections finally end
EGX30 extends falls amid sell-off streak in weak trading volume
SODIC’s new projects to enhance company performance, boost profitability: Pharos
Company projected to generate around EGP 15bn in sales within seven years
Egypt shares to move sideways as CBE interest rates decision, Ramadan weigh
Foreign investors extend profit-taking awaiting fresh stimulus to rebuild positions
Vodafone’s shrinking bottom line, debt burden trims Telecom Egypt profitability: report
Company reported 48% year-over-year drop in consolidated profits for Q1
Alta Semper Capital mulls expansion in Egyptian healthcare, consumer sectors
Company planning to invest $200m over next two years
Egypt’s shares hit by profit-taking streak, record worst weekly losses in 2 years
Market expected to extend downward trajectory awaiting fresh stimulus
Emaar Misr enjoys healthy margins, impressive sales performance: report
Company’s revenues grew to EGP 830.7m in three-month period ending last March
Unionaire Group plans IPO as company mulls expansion
Deal expected to close end-September
Egypt’s shares fall as investors book gains from sustained market rally
Market expected to resume rally in mid-term ahead of earnings season
30% of Unionaire Group to be listed on EGX in Q1 2019
KPMG Hazem Hassan restructuring Unionaire Group in coordination with EFG-Hermes
10,000, new investors in Egyptian Exchange within three months: Adel
The vice president of the Egyptian Exchange, Mohsen Adel, revealed on Sunday that 10,000 new investors entered the EGX since the beginning of 2018 through 31 March. This came during the session Capital Market Reform in the Portfolio Egypt Conference 2018 on Sunday, which was organised by Al Mal GTM, under the title of Opportunities …
New mechanisms will encourage companies to launch IPOs: EGX vice president
Parliament’s economic committee to end discussions on factoring law shortly, FRA deputy chairperson says
Abu Dhabi Islamic Bank to enjoy stronger capital base after robust earnings: report
Lender is set to go ahead with planned rights issue by 2020
CI Capital raises EGP 1.7bn in IPO on EGX, will launch trading on Monday
Investment bank said it aims to raise EGP 1.7bn
Egypt’s shares to extend rally as investors expect to build new positions ahead of earnings season
EGX30 rose 3.27% in a week, market capital rose 19.7% to EGP 1tn
SODIC, MHND merger to have strategic impact on both firms: report
Synergy between two companies to enhance Egypt’s real estate sector
Egypt shares target 18,000 points as foreign investors likely to build new positions
EGX saw positive performance last week, despite rising geopolitical tensions
Egyptian reform programme irreversible, process will continue: EGX chairperson
Mohamed Farid, chairperson of the Egyptian Exchange (EGX) and the Federation of Euro-Asian Stock Exchanges (FEAS), said that Egypt’s economic reform programme put the country in a position allowing it to create its success story, adding, “tremendous improvements were made.” Farid noted, at CFA Institute’s Middle East Investment Conference on Monday, that the Egyptian reform programme is …
Raya Holding considers offering shares of two companies on EGX
Raya Trade, Raya Information Technology have reached proper size for offering, Khalil says
B Investments mulls expansion as it starts trading on EGX amid investors’ interest
Company aims to use IPO proceedings in renewable energy, non-banking financial services
Al Ezz Dekheila Steel to achieve net income of EGP 2.1bn in FY 2018: report
Company expected to benefit from low-interest rate environment
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
Ibnsina Pharma targets 26% market share as it plans expansion
Company working in full swing to develop its distribution network
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