Director of Research at brokerage and securities company Ehab Saeed said the Egyptian stock indexes lead indicator EGX30 succeeded during the past three trading sessions and continues to rise, which balanced much of the losses over the past two (...)
A decline in the stock market trading at the end of September, causing the main stock index EGX30 to decrease by 10.83 percent and close at 4,137 points, was due to the country's political tension, according to a formal Egyptian Financial (...)
CAIRO: The color green overwhelmed the stock market indicators at the end of this week's trading, led by the financil services sector, which rose by 1.66 percent.
The index of ‘Basic Resources' rose by 1.28 percent, ranking second in terms of (...)
CAIRO – In its first day of trading for the week, the Egyptian Stock Exchange launched the new EGX20 index, which includes the 20 most active and liquid companies in Egypt.
Egyptian Finance Minister Hazem al-Beblawy and Chairman of the Exchange (...)
Islamic investment funds are at risk of losing customers despite their popularity amongst foreign investors and Arabs, especially after the deterioration of the U.S. bond market. After the U.S. debt crisis, which reduced its credit rating, it caused (...)
Having a clear vision for the direction of the Egyptian market would help predict the quality of investors and the behavior of investment during the upcoming period, said a member of the Board of Directors of Osool for brokerage and securities, Ihab (...)
The Saudi-Egyptian Investment and Finance Company did not report the value of its accrued interest, said the Central Auditing Agency in a report on the monitoring of financial statements.
The unreported interest was in regard to one of the sister (...)
econ
Ihab Said, a member of the Board of Directors of Securities Brokerage Company and Director of Research, said the Egyptian economy is currently facing grave difficulties.
According to Said, the Egyptian government is in an unenviable (...)
The abolition of precautionary measures for the Egyptian Stock Exchange is a positive indicator of a return to normalcy, said the Executive Director of the assessment management of HC Securities, Omar Radwan. The decision gives investors a boost of (...)