EGX announces trading session dates during Ramadan

Thu, Apr. 25, 2019

It clarified that the trading session of listed securities (Main Market) and Small & Medium Enterprises Stock Exchange (NILEX) will be held from 10 a.m. to 1:30 p.m. and will be preceded by a discovery session at 9:30 a.m.

EGX loses LE 4.79B of market cap. in 4 sessions

Thu, Apr. 25, 2019

Market Capitalization recorded LE 805.61 billion by the end of Wednesday’s session compared to LE 810.41 billion in April 18’s session.

Moody’s upgrades credit rating of 5 Egyptian banks

Thu, Apr. 25, 2019

The five banks are Banque du Caire, commercial International Bank, the National Bank of Egypt, Banque Misr and Bank of Alexandria.

Centamin reports better-than-expected Q1 gold output

Wed, Apr. 24, 2019

The company’s output totalled 116,183 ounces of gold for the three months ended March 31, above its forecast range of 105,000 to 115,000 ounces.

EGX ends 4-session week in semi-collective rise

Wed, Apr. 24, 2019

The benchmark EGX30 rose 0.85 percent, or 124.49 points, to close at 14,770.27 points.

Egypt to collect proceeds of LE 100B from state’s IPO program

Wed, Apr. 24, 2019

IPO program is expected to raise the market capitalization by LE 450 billion and to be implemented within 23 months from January 2019.

Egypt’s reform program aims to achieve sustainable growth through 3 axes

Wed, Apr. 24, 2019

This came during his speech in a session entitled "The Challenges of Economic Reforms in the Arab Region" in the Arab Banking Conference in Beirut.

Egypt, EAEU seek establishing free trade zone

Wed, Apr. 24, 2019

The talks were held for three days, said a statement by the Ministry of Trade and Industry.