Browsing Category
money markets
FRA allows factoring companies to finance purchase of securities on margin
Financial Regulatory Authority (FRA) approved the creation of a new source to finance the activity of buying securities on margin, according to FRA’s Chairman Mohamed Omran
Read More...
Read More...
Egypt’s stocks close lower on Tuesday, benchmark EGX 30 falls 0.43
Egypt’s stock exchange’s (EGX) indexes closed lower on Tuesday, with the benchmark EGX 30 index falling 0.43 percent to 11,417 points.
Read More...
Read More...
EGX to launch ‘Tamayoz’ index, new closing prices mechanism in 2021: Chairperson
The Egyptian Exchange (EGX) plans to launch a new index to track the performance of small- and medium-sized enterprises (SMEs) during this year. The “Tamayoz” index will include the best SMEs in…
Read More...
Read More...
FRA approves MTO for Alexandria National Co for Financial Investment
The Egyptian Financial Regulatory Authority (FRA) approved the publication of the mandatory tender offer (MTO) submitted by UAE’s Zeta Investment to acquire Alexandria National Company for Financial…
Read More...
Read More...
Egypt’s stocks in green territory on Thurday, benchmark EGX 30 climbs 1.60%
Egypt’s stock exchange’s (EGX) indexes traded higher on Thursday, with the benchmark EGX 30 index climbing 1.60 percent to 11,618 points.
Read More...
Read More...
Egypt’s stocks end lower on Tuesday, benchmark EGX 30 tumbles 1.15%
Egypt’s stock exchange’s (EGX) indexes closed lower on Tuesday, with the benchmark EGX 30 index plummeting 1.15 percent to 11,417 points.
Read More...
Read More...
EGX was in green for 2nd session in row Monday
Egypt’s stock exchange’s (EGX) indexes ended higher on Monday, with the benchmark EGX 30 index surging 1.09 percent to 11,550 points.
Read More...
Read More...
Egypt’s FRA approves maximum limit on trading value for youth under 21 years old
The Egyptian Financial Regulatory Authority (FRA) approved the maximum limit on the value of trading allowed for those aged between 16 and 21 years old at EGP 10,000.
Read More...
Read More...
Raya Holding’s unit mulls EGP 600m securitisation bond issuance
Aman Financial Services, a subsidiary of Raya Holding for Financial Investments, is considering the issuance of securitisation bonds worth EGP 600 million.
Read More...
Read More...
Adopting conservative attitude, selected stocks purchases are best investment policy
With the Egyptian Exchange’s (EGX) continued fluctuating performance, purchases of only selected stocks have become the best investment policy, especially for companies that announce strong financial…
Read More...
Read More...