Egyptian stock exchange
Egyptian Stock Exchange registers record gains in May 2024, main index jumps 10.12 percent
Economy
June 1, 2024
Egyptian Stock Exchange registers record gains in May 2024, main index jumps 10.12 percent
The Egyptian Stock Exchange achieved record gains in May 2024, supported by strong purchases of stocks in many sectors against…
Vodacom acquires 55% stake of Vodafone Egypt
Business
December 9, 2022
Vodacom acquires 55% stake of Vodafone Egypt
The telecommunications company Vodacom Group, South Africa, completed the purchase of 132 million shares of Vodafone Egypt. This happened on…
Cabinet prepares for offering public companies’ shares on stock exchange
Business
September 27, 2022
Cabinet prepares for offering public companies’ shares on stock exchange
Prime Minister Mostafa Madbouly held a meeting on Monday to follow up the procedures for restructuring a number of public…
Sawiris sells his share in Beltone to Emirati Chimera Investments
Business
August 18, 2022
Sawiris sells his share in Beltone to Emirati Chimera Investments
The board of directors of Orascom Financial Holding, whose main shareholder is Egyptian business tycoon Naguib Sawiris, has agreed to…
Immigration Ministry launches savings and investment pots for expats
Business
January 31, 2022
Immigration Ministry launches savings and investment pots for expats
The Ministry of Immigration and the Egyptian Stock Exchange has launched savings and investment pots in response to the request…
Ezz Aldekhela buys Abu-Hashima’s shares in El-Masreen Steel
Business
December 13, 2021
Ezz Aldekhela buys Abu-Hashima’s shares in El-Masreen Steel
The EL-Ezz Aldekhela Steel – Alexandria company announced on Sunday that it has purchased 18 percent of the ownership of…
Egypt’s stock exchange, banks resume work on Wednesday
Business
August 13, 2019
Egypt’s stock exchange, banks resume work on Wednesday
Egypt’s stock exchange and banks will resume work on Wednesday following the three-day-vacation from August 11 till August 13 for…
Banks to suspend work on July 1, 2 on occasion of June 30 revolution: CBE
Egypt
June 28, 2019
Banks to suspend work on July 1, 2 on occasion of June 30 revolution: CBE
The Central Bank of Egypt (CBE) has decided to suspend work in their local and foreign banks on June 30…
Egypt bourse caps firms raising cash abroad to deepen home market
Business
August 5, 2016
Egypt bourse caps firms raising cash abroad to deepen home market
Egypt's stock exchange is changing its rules on global depositary receipts (GDRs) to encourage companies to increase their "free float"…
Egypt surges on expectations of currency devaluation
Business
July 5, 2016
Egypt surges on expectations of currency devaluation
Cairo's main stock index rose 2.9 percent on Monday on expectations of a further currency devaluation this fiscal year, while…