Tag: EGX

GDR ratios not to exceed free-floating shares, MCDR to monitor

MCDR is closing the door for GDR transfers to Edita, OTMT, GTH,…

Mohamed Ahmed

Banque du Caire to remain under state control after increasing its capital by 20% on EGX: chairperson

The bank will continue its role in serving the economy, even after…

Hossam Mounir

EGX expected to range from 8,400 to 8,500 points this week

Technical analysts predict that the Egyptian Exchange (EGX) will continue its rising…

Mohamed Ahmed

NI Capital evaluates 5 oil companies to offer 20% of their shares on the EGX

The list includes Sidpec, AMOC, and MOPCO, while Petrojet may follow in…

Mahmoud Hashem

Recommendations to form purchasing centres in case EGX remains above 7,793 points this week

The Egyptian Exchange (EGX) is facing a tough challenge this week as…

Mohamed Ahmed

EGX jumps 5% during Wednesday trading, supported by IMF loan

The expected $12bn loan agreement with the IMF prompted institutions to increase…

Mohamed Ahmed

Egypt to sign contracts in 3 months for shares of state-owned banks, oil companies on EGX 

The IPO programme will span 5 years and priority is given to…

Mohamed Ayyad

Foreign cash flow must be transferred to banking sector via EGX due to US dollar crisis

Recent amendments aim to keep up with the economic conditions and not…

Mohamed Ahmed

EGX expected to stay at 7,400 during Sunday trading

Technical analysts predicted that the Egyptian Exchange (EGX) will continue its sideways…

Mohamed Ahmed