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money markets
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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Egypt’s FRA grants first SME funding licence in non-banking sector
The Egyptian Financial Regulatory Authority (FRA) has licensed a micro-funding company to provide funding to small- and medium-sized enterprises (SMEs), the first licence given to a non-banking…
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Egypt’s stocks start week lower, benchmark EGX 30 edges down 0.31%
Egypt’s stock exchange’s (EGX) indexes closed in red on Sunday, with the benchmark EGX 30 index edging down 0.31 percent to 10,153 points.
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EGX is testing out closing auctions today
The EGX will today trial a new system to calculate closing share prices that is hoped to improve accuracy, increase trading volumes and boost foreign investment in Egyptian shares.
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