Egyptian Exchange

Egypt Post to inject LE 6B in direct investments during 2024

Sun, 18 Feb 2024 - 04:24 GMT

These investments will aim to optimize operations in logistics, communications, microfinance, and consumer finance

Bourse ends Monday trading on a varied note

Mon, 08 Jan 2024 - 04:19 GMT

The top gains of the session were by Mena Touristic & Real Estate Investment which climbed by 19.93 percent, Raya Holding for Financial Investments by 19.8 percent, and Egyptian Gulf Marseilia for Real Estate Investment by 19.19 percent

EGX ends first week of 2024 with mixed performance after Wednesday’s strong close

Thu, 04 Jan 2024 - 02:26 GMT

Closing the first week of stock market trading with a mixed performance and a market cap. loss of LE 6.1 billion, the Egyptian Exchange (EGX) saw its benchmark index inch into the red by 0.23 percent

EGX rings in new year with strong performance during its first 2024 session

Tue, 02 Jan 2024 - 04:28 GMT

Stock market traders rang in the first session of the new year with a strong performance, closing on a significant high and adding LE 33.4 billion to the market cap

EGX reportedly studying new upgrade to trading system to address tampering concerns

Tue, 19 Dec 2023 - 05:45 GMT

Additionally, the EGX is studying a potential T+0 system that would enable settling trades on the very day they are executed, meaning that traders will be able to buy and sell stocks within the same session

FRA amends resolutions to allow more entities to set up investment funds

Sun, 17 Dec 2023 - 05:55 GMT

The newly launched Resolution No. (223) of 2023 modifies Resolution No. (58) of 2018, which pertains to the regulations for licensing banks and specific non-banking financial companies to engage in investment fund activities

Raya Holding signs agreement to acquire 27.69% stake in Ostool

Thu, 14 Dec 2023 - 11:09 GMT

Upon the successful closure of this acquisition, Raya Holding's ownership in Ostool will increase to 90 percent, as disclosed by the company on the Egyptian Exchange (EGX)

B Investments approves share swap ratio value for Orascom Financial Holding acquisition

Wed, 13 Dec 2023 - 12:29 GMT

The acquisition, which will see B Investments purchase up to 90% of OFH, was announced back in June

ACUD achieves LE 10B during H1 of 2023

Sun, 12 Nov 2023 - 05:44 GMT

ACUD will announce partnership opportunities soon with the private sector to implement projects together in the Administrative Capital

Monday bourse trading closes with mixed performance

Mon, 06 Nov 2023 - 05:24 GMT

The benchmark index slowed into the red by 0.15 percent to end the session at 23,059.15 points

Bourse stands firm in the green as indices witness strong upsurge in trading on Monday

Mon, 23 Oct 2023 - 02:47 GMT

Monday trading saw 892.96 million shares exchanged with a turnover of LE 4.63 billion

Bourse remains firmly in the green as market cap. sees added LE 32B

Sun, 15 Oct 2023 - 03:42 GMT

Sunday trading saw 532.69 million shares exchanged with a turnover of LE 2.55 billion

Bourse sees strong surge into the green to record LE 1.32trn in market cap.

Tue, 10 Oct 2023 - 05:09 GMT

Trading on securities recorded Egyptian investors as net sellers with LE 440.82 million. Arab and foreign investors were net buyers with LE 213.28 million and LE 227.53 million, respectively

Oriental Weavers sells its 0.70% stake in NBK Egypt

Mon, 02 Oct 2023 - 12:14 GMT

The sale involved 3.5 million shares valued at LE 44.66 million valued at almost $1.45 million.

Bourse prepares to launch digital registry for EGX-listed companies’ IR officers

Sun, 01 Oct 2023 - 01:56 GMT

The EGX statement explained that procedures for setting up the database and registering investor relations officers will begin once they pass interviews, tests, and training programs conducted by the bourse

CBE governor participates in 47th session of council of Arab central banks

Mon, 18 Sep 2023 - 03:41 GMT

During the session, fruitful discussions were held regarding the organization of specialized banking forums in Egypt, Tunisia, and Qatar.

TAQA Arabia lists its shares on the EGX with LE 676M capital

Mon, 05 Jun 2023 - 09:44 GMT

TAQA will be listing more than 1.3 billion shares for LE 0.50 per share.

Sunday EGX trading closes on a positive note, adding LE2B to market cap.

Sun, 21 May 2023 - 03:53 GMT

Today’s trading session saw 535.85 million shares exchanged with a turnover of LE 1.21 billion

NI Capital is preparing to sell stakes in 2 state-owned companies

Tue, 16 May 2023 - 02:25 GMT

He also said that the stakes in the remaining companies will be sold before the end of the year, and that the scope of work of these companies include: oil, petrochemicals, and transport.

UAE’s National Paints officially acquires state-owned Pachin in a $25m deal

Tue, 02 May 2023 - 04:08 GMT

UAE's National Paints acquired 81% of PACHIN purchasing a total of 19.358 million of the company’s shares in a 770 million EGP deal, which accounts for almost $25 million