Foreign direct investment (FDI) is a leading contributor to real economic growth, which prompts the Egyptian economy to attract long-term investors, says Managing Director of Al Ahly Capital Holding Karim Saada.
Al Ahly Capital's investment (...)
Egyptian Exchange (EGX) indexes rose collectively at the end of last week, with market dealers expecting the EGX to continue its upward to test 15,000 points in the short term, after Saudi Telecom Company (STC) offered to buy a majority stake of (...)
Pioneers Securities rose 8 positions to the top spot among brokerage firms in January, during January, with a trading value that amounted to EGP 3.6bn, individually accounting for 11.7% of the total volume of market transactions during the (...)
Mohamed Omran, head of the Financial Regulatory Authority (FRA), reviewed the most important events that happened to the authority throughout the last year, including the approval of the consumer finance draft law and sending it to the parliament (...)
The Egyptian Exchange (EGX) saw ups and downs last week, where separate movements of some stocks made the difference. The Commercial International Bank (CIB) played the main role recently, in the absence of regular incentives, in pushing the EGX (...)
Arab Moltaqa Investments Company (AMIC) aims to double its investment portfolio over the next two years by entering new sectors, such as education, real estate, and logistics, which have strong investment opportunities.
Managing Director of AMIC (...)
The Egyptian Exchange (EGX) witnessed an increase last week with the support of the banking sector led by the Commercial International Bank (CIB), which accounted for about a third of the market's trading during the week. Traders expected the market (...)
The Egyptian Exchange (EGX) witnessed some losses at the beginning of last week, affected by geopolitical tensions in the region. However, the market limited its losses by the weekend session. Traders expected the market to see more upside in the (...)
Sideways trend dominated the last week's trading sessions in the Egyptian Exchange (EGX), and traders expected this trend to continue this week amid positive expectations for the EGX in 2020.
This positive outlook is supported by the easing monetary (...)
The Egyptian Exchange (EGX) witnessed a rise over the past week sessions, and traders are expecting a strong rebound in the medium term after the Christmas holidays, to test the level of 14,500 points.
The benchmark index EGX30 saw a rise of 0.35% (...)