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money markets
EGX executes $424m MTO on Blom Bank Egypt’s shares
The Egyptian Exchange (EGX) announced the execution of a mandatory tender offer (MTO) on the unlisted shares of Blom Bank Egypt.
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Mohamed Farid re-appointed as EGX Chairman
Egypt’s Cabinet has renewed Mohamed Farid’s mandate as chairman of the country’s stock Exchange (EGX) for another four years, an EGX statement showed on Sunday.
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EGX to launch new index tracking government treasury bonds Tuesday
Egypt’s stock exchange (EGX) will launch on Tuesday a new index to track the listed and traded government treasury bonds, the bourse said in a statement on Monday.
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Financial Brokerage Group keeps top spot in Jult with 30% market share
The Financial Brokerage Group continues to occupy first place among Egypt’s brokerage companies in July, with a turnover of EGP 22.6 billion, making up 30.2% of the total traded value, through the…
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Main EGX index records 0.9% weekly gains
The main Egyptian Exchange (EGX) index, the EGX 30, closed at 10,742.23 points recording weekly gains of 0.9% at the end of trading last week, to record the 10,860 to 10,935 points range as a key…
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SODIC closes first securitisation bond issuance worth EGP 343m
Six of October Development and Investment (SODIC) announced that its wholly-owned subsidiary SODIC for Securitization closed its first securitisation bond issuance of EGP 343 million
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Contact Financial Holding closes second Sukuk issuance worth EGP 2.5bn
Contact Financial Holding has closed its second Sukuk issuance worth EGP 2.5 billion by its Sukuk arm, Sarwa Sukuk Company.
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Arab Banking Corporation offers to acquire BLOM Bank – Egypt
The Egyptian Exchange (EGX) revealed the details of the mandatory tender offer (MTO) submitted by Bahrain's Arab Banking Corporation (Bank ABC) to purchase up to 300 million shares or 100% of Blom…
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FRA approves Bank ABC’s MTO for Blom Bank Egypt
The Egyptian Financial Regulatory Authority (FRA) approved the publication of a mandatory tender offer (MTO) submitted by Bahrain's Arab Banking Corporation (Bank ABC) to acquire Blom Bank Egypt.
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Newly elected board of Egyptian Exchange announced
The Egyptian Exchange (EGX) announced, on Thursday, its new board of directors, consisting of 5 members who won in the internal election t
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