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money markets
EGX listing makes companies centre of foreign investor focus: Chairperson
Listing companies on the Egyptian Exchange (EGX) helps them become the centre of international investor focus, and attract foreign investments, EGX Chairperson Mohamed Farid has said.
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Egypt’s stocks close higher on Monday, benchmark EGX 30 gains 0.55%
Egypt’s stock exchange’s (EGX) indexes closed higher on Monday, with the benchmark EGX 30 index adding 0.55 percent to 10,450 points.
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Macro Group delays offering on EGX plans
Macro Group, one of the largest and the fastest growing cosmeceutical companies in Egypt, is delaying its planned initial public offering (IPO), which was expected to take place this month.
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Egypt’s financial regulator mulls caps on margin trading
The Financial Regulatory Authority (FRA) would introduce caps on how much stock investors can buy with borrowed funds in order to rein in margin trading, the regulator said (pdf) yesterday.
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Egypt’s Bourse needs more liquidity – Naguib Sawiris
The Egyptian Exchange (EGX) needs more listings to help with providing sufficient market liquidity, Naguib Sawiris said during Hapi Conference on Monday.
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Egypt’s education management company,Taaleem, over-subscribed 29x in its EGX offering
Higher education management company Taaleem’s IPO last week has seen retail investors flocking to it, leading the retail portion of the offering to close more than 29x oversubscribed, bookrunner CI…
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Egypt may witness 5-6 new new EGX listings during 2021, Farid
Egypt could be witnessing five or six new listings on its stocks market during 2021, which may pave the way for the return of institutional investors into the market, EGX Chairman Mohamed Farid…
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Arab markets contain 1,662 listed companies with $3.1T in capital: EGX Chairman
The total number of companies listed in the Arab markets reached 1,662 companies with a capital of $3.1 trillion by the end of 2019, Chairman of the Board of Directors of the Egyptian Exchange (EGX)…
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EGX ends in mixed notes on Monday, benchmark EGX 30 tumbles 1.19%
Egypt’s stock exchange’s (EGX) indexes ended in mixed notes on Monday, with the benchmark EGX 30 index tumbling 1.19 percent to 10,738 points.
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Infinity expected to IPO as it builds energy platform across Africa
Infinity company is currently building an energy platform across Africa, and is expected to IPO in the near future.
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