Latest in Tag: EGX Highlight
Latest in Tag: EGX

EGX to have big role in financing auto industry
Exchange is good tool to borrow money in high interest rate environment, say experts

Egypt shares likely to retreat as investors book gains ahead of year-end
EGX30 drops 1.97% amid local traders sell-off streak

Ibnsina Pharma set final IPO price at EGP 5.8 per share
The IPO has been oversubscribed 17.1 times through more than 500 institutions and individuals

Importing companies to achieve stronger financials on CBE decision
Decision removes obstacles we were facing, says Cairo for Drugs chaiperson

Alnaeem to witness stronger 2018 performance: company CEO
Updates regarding Alnaeem real estate fund will take place before the end of 2017

Egypt shares likely to keep rally alive as foreign investors build new positions
EGX 30 surges 1.87% in week buoyed by foreign and Arab purchases

Linking EGX with African exchanges enhances cooperation of the continent: CEO of SOLID Capital-Egypt
Mohamed Reda, CEO of SOLID Capital-Egypt, asserted that the Egyptian Exchange (EGX) had an effective role in African Exchanges during recent years, creating transforming experiences. This is why Mohammed Omran, chairperson of the Financial Regulatory Authority (FRA) and former chairperson of the EGX, has been celebrated by the African Securities Exchanges Association (ASEA) as the …

EGX plans to market Egyptian companies in Africa: board member
EGX encourages Egyptian companies to be listed on African stock exchanges

Attracting African investments, enhancing foreign transactions value on EGX
Trading value of foreign transactions EGP 8.34bn in 10 months

Reducing listing costs on EGX is fastest way to attract African companies: Prime Holding
Mohamed Maher, CEO of Prime Holding for Financial Investments, asserted that the 21st ASEA Annual and Flagship Conference, which is being held under the title of “Africa Mapping the Future” from 19 to 21 November 2017 in Cairo, is a great chance to encourage African shares to be listed on the Egyptian Exchange (EGX), noting …

Egypt shares likely to extend sideways move as CBE keeps interest rates on hold
EGX30 lost 3.5% in a week, hovering around its lowest level in 9 months

EGX head presents opportunities to British, American investment funds
2018 will be strong for EGX, supported by IPOs of pharmaceutical and real estate companies

DICE announces indicative price range for public offering on EGX
73.2% of the company’s H1 2017 revenues were denominated in USD

Capital market enjoys strong legislative environment, advanced financial instruments: EGX chairperson
We work to develop new tools, such as sukuk, says Mohsen Adel

Egypt shares keep rally alive as foreign investors buy
The main index ticks up 0.62 percent in four sessions buoyed by foreign purchases

Our 2018 priority is to view EGX as a value rather than a platform for buying, selling: chairperson
We will be focusing on offering new instruments and trade commodities in the market over the upcoming period, says Salah

EFSA approves decision to reduce trading time on stocks in EGX
EGX begins meetings with investor relations officials to improve communication and disclosure

EGX discuss requirements of the establishment of futures exchange with a number of global markets officials
Proposed amendments to the Capital Market Law regulating the establishment of stock exchanges and markets: chairperson

Cleopatra Hospital Group aims to increase issued capital by EGP 700m
The group will use the proposed increase to cover the EGP 580m acquisition of a new hospital comprising 150 beds

Egypt shares extend slide for 2nd week, await fresh stimulus
Foreign investors dump local stocks ahead of Eid Al-Adha vacation

Company news investors should track for the past week
Marsa Alam trims losses in H1 2017

Egypt shares resume fall in a week, as foreign investors sell
Profit-taking likely to continue ahead of Eid Al-Adha vacation

Attracting new companies at top of EGX priorities during coming period
There is an interest in providing investment opportunities and in SMEs to support them in financing their expansion

New EGX chairperson aims to stimulate primary market, attract new companies
I prepare to exit from Dcode within days to avoid a conflict of interest and intend to launch Gulf and European promotion tours: Farid

Egypt shares extend sideways, await new stimulus
EGX30 lost 0.5% in a week to close around 13,400 points

Governmental decree to appoint Farid as chairperson of EGX, Omran for EFSA
Developing the EGX plays a pivotal role in the economic reform programme, according to Nasr

EGX profits stand at EGP 103m in H1 2017
Egypt’s stock market’s net profit came in at EGP 103m in the first half (H1) of 2017, the stock exchange’s (EGX) chairperson Mohamed Omran said on the sidelines of a press conference in Cairo on Sunday. According to Omran, the exchange net profit in 2016 came in at EGP 101m. Omran, who was speaking about …

IPO and earnings to watch in a week
Ibn Sina hires Beltone to manage IPO on EGX Ibn Sina Pharma plans to offer part of its shares on the Egyptian Exchange (EGX) by the end of 2017, Ibn Sina’s managing director Amr Abdel Gawad told Al Borsa news. The pharmaceutical firm hired Beltone Financial Holding to manage its stake sale, or initial public …

Egypt shares hit by profit-taking, likely to extend gain on foreign purchases
EGX 30 targets 14,000 points in the mid-term, says analyst

Pioneers Holding to list 30% of Rooya Real Estate on EGX
The company seek to gather EGP 1bn from the IPO