Hanan Mohamed

business reporter

EGX records collective rise Tuesday, market cap. gains LE6.63B

Tue, Aug. 20, 2019

The benchmark EGX 30 increased 0.86 percent, or 123.71 point, to close at 14,428.08 points.

EGX shows mixed performance Monday

Mon, Aug. 19, 2019

The benchmark EGX 30 dropped 0.66 percent, or 95.33 point, to close at 14,304.37 points.

Facebook’s Cryptocurrency: A Game Changer

Wed, Aug. 14, 2019

Will Facebook be able to turn Libra into a global currency?

Into Egypt’s Black Treasure

Tue, Aug. 13, 2019

Owning large reserves of minerals-rich black sand, Egypt has taken official steps to benefit from this valuable treasure.

EFG Hermes' consolidated profits jump 44% in 1st half of 2019

Thu, Aug. 8, 2019

During the second quarter of 2019, the company's profits surged to LE 306.5 million, compared to LE 213.5 million during the same quarter of 2018.

EGX flattens out during Fawry's 1st trading session

Thu, Aug. 8, 2019

The benchmark EGX 30 jumped 2.16 percent, or 299.87 point, to close at 14,180.44 points.

Telecom Egypt records profits of LE 2.13B in 1st half of 2019

Thu, Aug. 8, 2019

As per standalone profits, the company's profits surged 253.95 percent during January-June period of 2019, recording LE 5.04 billion, compared to LE 1.4 billion during the same period of 2018.

Egyptian investors allocate 80% of Fawry's IPO: EGX

Thu, Aug. 8, 2019

Arabs and foreigners represented 19.7 percent of the IPO and 49.3 percent of the private offering.