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money markets
Egypt’s EFG Hermes arranged $1.2 billion market transactions in Africa Sub Saharra during 2020
EFG Hermes, an Egyptian investment management firm, facilitated $1.25 billion worth of securities transactions on sub-Saharan African stock markets in 2020, according to a press release issued by the…
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Egypt’s Juhayna says Safwan Thabet resigns, names Ahmed Al Wakil as new board member
Egypt’s Juhayna Food Industries chairman Safwan Thabet resigned and has handed over the role of board member to Ahmed El Wakil, the company announced in a bourse filling on Wednesday.
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EGX develops EGX30 index methodology
The Egyptian Exchange (EGX) completed the development of the EGX30 index methodology to boost the ability of the index to attract more investments.
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Optimism at Egyptian Exchange performance though experts recommend caution
A state of optimism at the performance of the Egyptian Exchange (EGX) is dominating investors’ dealings.
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S. Africa Stocks Slip From Record as Miners Fall Most in a Month
South African stocks retreated from a record as shares in miners tumbled the most in a month, with metals prices falling amid doubts regarding the approval of a U.S. stimulus package.
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EGX30 rises above 11,400 pts at Thursday’s close
The Egyptian Exchange (EGX) closed Thursday’s trading session in the green territory on the back of foreign and Arab purchases.
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Asian stocks mixed as China’s December trade data beat expectations
Stocks in Asia-Pacific were mixed on Thursday as investors regionally reacted to Chinese trade data for December.
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EU stocks advance as U.S. stimulus hopes and China data boost sentiment
European stocks made tentative gains Thursday as hopes of substantial fiscal stimulus from the incoming U.S. administration and positive data out of China boosted sentiment.
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EGX gains EGP 760m in market cap at Tuesday’s close
The Egyptian Exchange (EGX) closed Tuesday’s trading session mostly on a positive note as the main EGX30 rose by 0.54% to 11,339 points.
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Consortium offers to acquire controlling stake in El Nasr for Agricultural Crops
A consortium containing Al Raed for Agricultural Production and Real Estate Investment and New Smart for Construction submitted an offer to acquire a controlling stake in El Nasr for Manufacturing…
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