Latest in Tag: Mohamed Omran Highlight
Latest in Tag: Mohamed Omran

EGX provides EGP 20bn for listed companies since 30 June uprising
EGP 5bn volume of IPOs in 1H 2015, Omran says

EGP 14bn in net profits recorded by 135 EGX-registered companies
39 companies recorded EGP 570m in total losses in H1 of 2015

EGX has sufficient liquidity to finance canal projects: Chairman
Consultations began with government agencies, including Suez Canal Authority to issue companies’ shares in stock market

20 companies listed on EGX with EGP 5bn capital since May 2014
Egypt’s stock market to launch second annual IPO summit

Halting capital gains tax means government supports investment climate: Omran
Prime Minister and Minister of Investment opened Monday’s trading session

Government halts 10% capital gains tax for 2 years after market investor pressures
Market indices increase more than 5% following the decision

Public companies’ IPOs will be through capital increase: Omran
Investors do not mind applied taxes, but seek a clear and simple mandate, EGX chairman said

Petroleum prices drive stock market down: Experts
Market gains EGP 5.9bn Monday after witnessing a huge loss the previous day

Capital market eager to present exchange traded funds (ETF) to investors: EGX chairman
Infrastructure, telecommunication and real estate show stock market promise
EGX chairman urges international financial institutions to acquire stake in SMEs
Mohamed Omran says new listing rules aim to encourage companies to join stock market

Egyptian Stock Exchange ratifies new strategy
Strategy involves modernising Egyptian market and overcoming current obstacles it faces

Omran: my nomination was a surprise
Local media have reported news of new bourse head and chief of EFSA

EGX board elections
Call for membership nominations 12 May, elections due 17 June

EGX head requests to step down from position for second time
Integration project between EGX and Borsa Istanbul to take place by 30 September
Closing price mechanism to be launched Thursday
The Egyptian Stock Exchange (EGX) will implement a new closing price mechanism on Thursday. Egypt’s financial watchdog, the Egyptian Financial Supervisory Authority (EFSA), approved the new regulations for changing stocks’ closing prices, as suggested by EGX board of directors, on 28 August in an effort to impose more discipline over trading operations. The new regulations …