Egypt's FM highlights 'soft power' in Mali meeting with alumni    Egypt's foreign minister opens business forum in Niger, targets new partnerships    Egypt's FM delivers Al-Sisi message to Niger's leader, seeks deeper security ties    Rafah Crossing 'never been closed for one day' from Egypt: PM    Egypt will keep pushing for Gaza peace, aid: PM    Remittances from Egyptians abroad surge 70% YoY in July–May: CBE    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    Egypt's current account gap narrows, but overall BoP records deficit    Al-Sisi urges accelerated oil, gas discoveries, lower import bill    SCZONE signs $52.6m textile industry deals during China investment tour    Egypt hosts international neurosurgery conference to drive medical innovation    Egypt's EDA discusses Johnson & Johnson's plans to expand investment in local pharmaceutical sector    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    EGX to close Thursday for July 23 Revolution holiday    Egypt, Senegal sign pharma MoU to unify regulatory standards    Egyptian Drug Authority discusses plans for joint pharmaceutical plant in Zambia    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt foils terrorist plot, kills two militants linked to Hasm group    Giza Pyramids' interior lighting updated with new LED system    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Fatma Salah Farouk Halbawi
Port Said Container and Cargo Handling plans to offer 15% stake on EGX in 2023
Port Said Container and Cargo Handling — the operator of the West Port Said Container Terminal — is preparing to offer part of its shares on the Egyptian Exchange (EGX) in 2023. Informed sources told Daily News Egypt that the company plans to offer (...)

06 - 12 - 2022
Egypt Post to acquire SMART for smart cards for EGP 1bn
The Egyptian Post Authority intends to acquire SMART for smart card applications as part of supporting the company's plan for digital transformation during the coming period. SMART works in the field of e-government projects and electronic (...)

07 - 09 - 2022
Public Enterprise Ministry reveals latest developments in restructuring plans
The Ministry of Public Enterprises witnessed a strong movement on the path of development over the past five years after it adopted a plan for financial, administrative, and organisational restructuring to get companies under the ministry's umbrella (...)

10 - 08 - 2022
alfanar to pump $533m in Egyptian energy, telecommunications sectors
Amer Al-Ajmi, Executive Vice President of alfanar, said Tuesday his company aims to pump about SAR 2bn ($533m) in the Egyptian energy and telecommunications sectors. The Saudi company signed two agreements, one of which was with the Arab (...)

22 - 06 - 2022
Benya targets EGP 5bn in business volume by end of 2022
Benya — which specialises in providing digital solutions and technology infrastructure — is targeting a business volume of EGP 5bn by the end of this year after reaching more than EGP 3.5bn last year, according to Chairperson and CEO of Benya Group (...)

22 - 06 - 2022
Poor horizontal performance dominates EGX
A horizontal trend dominated the performance of the Egyptian Exchange (EGX) in Sunday's session, recording a decline in liquidity levels to about EGP 370m due to the varying performance of indicators. The main index of the market, the EGX30, (...)

22 - 06 - 2022
Lacklustre performance dominates Egyptian Exchange
The sideways trend dominated the performance of the Egyptian Exchange (EGX) during Monday's session, amid the decline in liquidity levels to about EGP 370m, due to the varying performance of indicators. The benchmark index EGX30 decreased by 0.21% (...)

21 - 06 - 2022
Saudi Arabia's Hadhim aims to expand into Egyptian market in 2023
Abdulaziz Al-Tuwaijri, Chairperson of Hadhim company for dates, said they aim to invest in the Egyptian market and plant 10 million palm trees in New Valley governorate, in cooperation with the Egyptian private sector, starting from next year. He (...)

21 - 06 - 2022
Technology, population are crucial to digital payments growing without a ceiling
The coronavirus pandemic has accelerated the growth of the digital payments market — especially in Egypt and emerging markets — doubling the size of the market locally, especially since Egypt has more promising opportunities in the sector and is (...)

16 - 06 - 2022
EGX closes at highest level of 10,500 points buoyed by local purchases
The Stock Exchange's (EGX30) main index closed with an upward move of 2.84% at the end of session on Tuesday, reaching a stable 10,588 points. It was supported by local purchases on a package of low priced stocks selected that were attractive to (...)

12 - 05 - 2020
COVID19-caused economic recession fears cost EGX biggest decline since 2012
The Egyptian Exchange (EGX) fell by 9.34% on Sunday, suffering its biggest decline since November 2012, losing 1,045 points as a result of the measures announced by the government last Friday to face the COVID-19 epidemic. The benchmark index EGX30 (...)

15 - 03 - 2020
Investment funds attract EGP 6.3bn in assets end-June
For the eighth consecutive quarter, investment funds continue to attract investors to their assets to exceed EGP 50.4bn after adding EGP 6.3bn in the first half (H1) of 2019, compared to EGP 44.1bn at the end of 2018, a growth of 14.3%. The growth (...)

01 - 09 - 2019
ValU, Revolta launch electric car recharge cards finance service
Revolta Egypt and EFG Hermes Financial Group signed an agreement to finance electric car charging cards, the two companies revealed in a joint press conference Monday. Mohamed El Shabrawy, the chief business officer at ValU, EFG-Hermes's non-bank (...)

26 - 08 - 2019
Holding Company for Cultural & Cinematic Investment to turn field into profitability: Khaled Abdel-Galil
The General Assembly of the Holding Company for Cultural and Cinematic Investment was held at the headquarters of the Supreme Council of Culture in the middle of July after Prime Minister Mostafa Madbouli had issued the decree No. 1432 of 2019 to (...)

20 - 08 - 2019
Amer Group Holding appoints Hisham Arafat as new chairperson
Amer Group Holding's board of directors has approved the appointment of Hisham Arafat as the company's new chairperson. Arafat will succeed Mansour Amer who submitted his resignation on Monday, the company said in a statement. As Egypt's former (...)

09 - 07 - 2019
Amer Group Holding appoints Hisham Arafat as new chairperson
Amer Group Holding's board of directors has approved the appointment of Hisham Arafat as the company's new chairperson. Arafat will succeed Mansour Amer who submitted his resignation on Monday, the company said in a statement. As Egypt's former (...)

08 - 07 - 2019
Sarwa Capital records EGP 27.5bn in public and private offerings
The public offering of Sarwa Capital was oversubscribed around 30.1 times, recording a strong demand of EGP 6.5bn, equivalent to 887,409,725 shares, compared with 29,517,073 shares offered. Brokerage CEO at Beltone Financial, Mostafa Abdel Aziz, (...)

10 - 10 - 2018
EGX witnesses largest daily loss since five years in wake of stock market manipulation case
The decision by the Cairo Criminal Court to hold the defendants in the case of manipulating the Egyptian Exchange (EGX), including the sons of former president Hosni Mubarak led to the fall of the EGX indicators by 3.6%, making it the largest daily (...)

16 - 09 - 2018
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