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Government resumes offering 25% of Enppi on EGX

The government committee supervising the state IPO programme gave the green light for resuming offering process of the Engineering for Petroleum and Process Industries (Enppi) on the Egyptian Exchange (EGX). Officials responsible for the offering process have resumed their meetings with Enppi’s representatives in the past period, an informed source told Daily News Egypt, adding …

Ahmed Farahat

EGX lists Orascom Development Egypt on EGX30 index

The Egyptian Exchange (EGX) listed Orascom Development Egypt (ODE), a subsidiary of Orascom Development Holding, on the EGX 30 index on Monday, as the company met the trading standards of the index, which includes the country’s top 30 listed companies. The move follows the success of ODE in 2018, as it was one of the …

Daily News Egypt

EGX aims to increase youth investors percentage, currently standing at 30-35%: EGX chairperson

The Egyptian Exchange (EGX) is targeting the younger generation to raise awareness, as currently, only 30-35% of them are investors. In order to increase this percentage, the EGX will introduce incremental savings approach to attract them an approach implemented in many capital markets for long-term investments, said Mohamed Farid, chairperson of the EGX. Farid statements …

Daily News Egypt