Latest Business News
Fawry’s private placement, IPO oversubscribed for 16, 1.8 times, respectively
IPO to close tomorrow, trading begins on Thursday
Cautious optimism at EGX this week
Fawry’s IPO is likely to boost hopefulness in market, Eid holiday signals…
EFG Hermes accounts for 33.5% of EGX transactions in July
EFG Hermes conducted EGP 8.2bn of transactions thanks to institutions deals
Juhayna’s net profit declines 24.6% in H1 of 2019
Corporate’s consolidated revenues see 8% y-o-y rise in this period
Banks operating in Egypt celebrate International Youth Day
New accounts opened free of charge, special offers made on 1-15 August
CI Capital records EGP 1.1bn revenues in 1H19, growing 35% y-o-y
Company achieves net profit of EGP 207.7m in this period, up 39%…
US enshrining of FX controls to carry serious implications for global market: HSBC
Moving parts involved in current trade negotiations are similar to those evident…
CBE reveals Egypt’s economy external position
Foreign debt reached 35.1% of GDP at end December 2018, compared to…
Cairo Airport obtains license to distribute electricity for five years
Airport expected to sell 171m kw/h in FY 2020
Egypt’s Supply Ministry reveals 12 determinants to exclude Egyptians from ration cards by end August
Indicators include electricity consumption, EGP 15,000 salary, EGP 100,000 in taxes, and…
