Latest in Tag: Market Highlight
Latest in Tag: Market
LABRANDA Royal Makadi introduces the biggest Christmas market for the first time in Makadi Bay
The Christmas market started on 1 December in Labranda Royal Makadi hotel, and will last to 31 December, comprising all traditional Christmas celebrations such as Christmas parades, and live music and shows.
Top 10 Egyptian market banks report EGP 14.661bn in net profits in September
QNB Alahli accounts for 38% of total profits achieved by top 10 banks, recording EGP 5.572bn
Nasr City used car market faces move, EGP 400m redevelopment: Executive Director
Market closed in March due to COVID-19
Kayan Egypt launches new Seat Tarraco aiming to lead SUV market
The 2021 Seat Tarraco model can safely call itself the first fully German-made, seven-seat SUV to be launched on the domestic market.
EGX launches account aggregation system for Egypt’s SME market
New system facilitates institution ability to deal with shares in Egypt’s SMEs
Short-selling remains untapped despite possible gains in light of market slump
Tarek Abdel Bari, Managing Director of Misr for Central Clearing, Depository, and Registry, revealed that the volume of the short-selling transactions is so low to the extent that it is almost nonexistent. He added that there were just a handful of transactions valued at only EGP 100,000.
Efforts of bringing back Egyptian handicrafts to global market
Huge part of selling products is selling story of people who made it as person who made items is as important as product itself, say advisors
MEDAF plans to acquire 50% of E-payment market, penetrate African markets
Abou-El-Fotouh confirmed that MEDAF Investments has ambitious plans and aims to expand inside and outside Egyptian markets. He said, “The company is currently evaluating several investment opportunities, the details of which will be announced in due course.”
Fed rate cuts contradictory statement causes market confusion
Monetary easing from Fed could help EM central banks to cut rates
Recession hits gold market in Ramadan
Increase in companies’ demand indicates recovery after the season, says Rezk
Attracting right talent for thriving business
Yoga on the office roof, bring your dog to work, lunch by a five-star chef, nap pods for a quick siesta—these playful perks have become an all too familiar approach as a means to entice the very best candidates in the market. Consider these measures a result of an evolving work model, or a shift …
Chocolate market regains its taste and looks forward to growth
A number of companies in the chocolate industry are preparing to inject new investments into the market during the coming period as the economy recovers following the crises of the last two years. Chocolate production has declined in the last two years at rates ranging from 10 to 50% across many producers. The market expects …
Total Egypt controls around 10.5% of market, creates 500 jobs annually
It aims to be Africa’s top energy company with the largest production volume of oil, gas, most coherent, interconnected retail network, said Total CEO
Market & company news investors should track in the past week
Orange Egypt to complete management restructure by September
ETF market totalled $3.5tr in 2016: report
The number of ETFs in the world was close to 4,400 at the end of 2015
Smartphone acquisition accounts for 50-60% of the market’s sales
80-85% of our products support 4G services
Reveal announces plan to increase its schoolbag market share to 17%
The factory will manufacture 1.18m bags in 2018, according to the company’s CEO
Egyptian food retail market grows stronger despite challenges
Egypt continues to maintain its position as the Arab world’s largest consumer market. With an estimated 92 million citizens and one of the world’s fastest growing populations, the demand for food products will continue to grow. Although the country faced various economic challenges following the 2011 and 2013 regime changes and subsequent decreases in tourism …
EGX issues new controls to limit practices harmful for market
The decision is applicable in case of control violations of the capital market law
Egyptians abandon imported products for local ones
With the dramatic rise in prices of imported products, Egyptians turned to their local market for alternatives
Huawei acquires 10% of global smartphone market sales
The three Chinese brands among the top five make up almost 20% of the global market share
Future of Egypt’s automotive market is uncertain: merchants
50% decline in sales over the past three months, says Magdy
Internet market attracts 1.3m new customers in July
USB modem users decline, while usage of mobile internet rises
Car market has no spare parts
70% deficiency in the market; spare parts for Korean, Chinese, Japanese, European models are absent
Huawei aims to increase market share to 30% with new products in 2017
Sales of the Huawei Y family of products recorded 500,000 mobile phones, says director of Huawei Egypt office
The Mercedes story
This week has been full of contradictory talk around rumours that Mercedes-Benz Egypt is looking to exit the local market, what the dealership’s stance is on the matter, and whether it will choose to actually exit the market. Mercedes’ position is as it always has been. There have been assurances that Arab investors have already agreed …
Egypt to impose EGP 900 fee on sugar exports until year’s end: industry minister
This decision will secure the needs of the local sugar market, says Qabil
Number of injured in Attaba fire rises to 74, no deaths
Investigators have yet to explain the reason behind the fire, estimate losses
YouGov expects domestic stabilised growth in real estate over the next 12 months
The study revealed that 69% of workers and consumers in the real estate market believe that investment growth in real estate will proceed according to normal growth rates over the next 12 months
Hikma PLC acquires EIMC United Pharmaceuticals
Acquisition will strengthen Hikma’s market presence in Egypt