Latest Stock Market News
Real estate funds will enter Egypt through three contenders in 2017
NAEEM to issue two tranches, each at EGP 1bn
Foreign institutions, Aramco support EGX performance, boost expectations for continued growth
Foreign institutions, Aramco support EGX performance, boost expectations for continued growth
MM Group submits IPO request to EGX to float 30% of its capital
IPO procedures to begin after EGX approval this week with a maximum…
The Pound losing ground despite rising stock prices
In November, the Egyptian administration floated the Egyptian pound to secure a…
Strong USD drives EGX up by 500 points during last week
Potential slowdown in upward movement as the index reaches 13,000 points, says…
EGX issues new controls to limit practices harmful for market
The decision is applicable in case of control violations of the capital…
A proposal to reduce stamp tax supports the cohesion of EGX
The Egyptian Exchange (EGX) indexes strengthened at the end of last week,…
EFSA approves deal to sell CI Capital to Arab and Egyptian investors
This comes after the deal of selling CI Capital Holding to Naguib…
Finance Ministry proposes stamp tax on EGX transactions
Tax starts at 1.25‰ in the first year and will reach 1.75‰…
Expectations of EGX’s rebound to continue towards 13,000 points this week
Analysts in the market expect the rebound of the Egyptian stock exchange…