Tag: EGX

Legislative reform necessary to improve business environment: former EGX head

Amending laws of investment, capital market, and land allocation is necessary 

Hussein Abd Rabo

Devaluation of Egyptian pound increases EGX’s hopes for restoring ‘hot money’

Investment, initial public offering (IPO), and securities promotion managers have conflicting opinions…

Mohamed Ahmed

Experts advise government to offer controlling stake in upcoming IPO programme

Stock market experts maintain that government will secure only temporary financing if…

Mohamed Ahmed

EGX seeks to restore its role in financing economic growth amid economic, political challenges

The recent financial indicators clearly reflect the severe recession experienced by the…

Daily News Egypt

Stock market surpassed itself in supporting growth despite economic slowdown: EGX chairperson

Mohammed Omran, chairperson of the Egyptian Exchange (EGX), said that the stock…

Mohamed Ahmed

Two revolutions and a US dollar crisis dilute funding development dream of EGX

EGX peaked in 2008 when its market capital recorded unprecedented levels, but…

Mohamed Ahmed

EGX30 retreats 0.1% during early trading on third day of Eid Al-Adha

The broader index EGX100 also increased by 0.01%, registering 816.9 points

Daily News Egypt

EGX30 targets 7,900-8,000 points this week

Technical analysts predicted that Egyptian Exchange (EGX) will move sideways, dropping down during…

Mohamed Ahmed

Foreigners continue to decrease capital market portfolios, EGP 626m in net sales for August

EGS surpasses other brokerage companies in the first nine months of 2016…

Mohamed Ahmed

EGX issues amendment to suspend companies failing to send financial statements on time

The amendment substitutes an old rule that prevented the EGX from suspending…

Mohamed Ahmed