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Latest Stock Market News

Turnkey segment to drive Elsewedy Electric revenue growth in 2019: report

Company likely to secure average awards of $959m, margins to hover around…

Daily News Egypt

Egypt shares to extend bearish action towards end 2018 amid turmoil in global markets

EGX30 lost 7% in a week; market cap fell to its lowest…

Daily News Egypt

EGX rises again after 5 days from tax accounting decision on governmental debt instruments

Today the Egyptian capital market has started to rise again by small…

Daily News Egypt

Raya Holding’s founder seeks bank finance to acquire 58% stake

Company plans to hold talks with investments banks to resolve issue

Daily News Egypt

MENA Cables Transaction saved bottom line for Orascom Investment in Q3: report

Company posted a 346% y-o-y hike in consolidated profits for 9M18

Daily News Egypt

Egypt shares to move sideways as CBE leaves interest rates on hold

EGX30 closed almost flat last week as foreign investors book gains awaiting…

Daily News Egypt

Global Telecom revenue declines despite organic growth, net losses magnified by impairments

Company reported net losses of $379m in Q3 2018 against $9m last…

Daily News Egypt

Egypt shares resume rally bolstered by positive earnings season amid heavy liquidity

EGX30 records biggest weekly gains in 3 months, moving upwards in short…

Daily News Egypt

CI Capital reports 128% hike in 9-month profit as revenues accelerate

Company’s profit after taxes, minority interest, increased by 2.3 times

Daily News Egypt

Sidi Kerir Petrochemicals margins strained by feedstock quality: report

Company registers a 31% year-over-year rise in profits for first nine months…

Daily News Egypt