As of the first week of December, shares of just one government company has been listed on EGX.
Egypt’s stock market, once one of the country’s economic success stories, has been sliding for the past two weeks. After closing 2014 as one of the world’s best performing equity…
Enthusiasm over the launch of three initial public offerings (IPOs) on Egypt’s market this year has been relatively dampened by the disappointing performance of the most recently floated Emaar Misr…
Following an initial public offering (IPO) that was over-subscribed by 18.5 times, Arabian Cement saw its stock price jump from LE9 per share to LE10.39 per share on Sunday, its…
This program is a repackaging of a 2018 IPO program that stumbled due to hostile market conditions.
The Egyptian Stock Exchange (EGX) advanced slightly on Monday, following a dramatic seven-day slide. The benchmark EGX 30 index rose by 3.14 percent on…
Investment Minister Ashraf Salman’s widely reported comments about the need to devalue the Egyptian pound appear to have kicked off a public…
The benchmark EGX30 index rallied by 2.99 percent Thursday to close the week at 7,079 points. The rise in Egypt's market came…
The stock market's downward trend continued on Sunday, despite the air of positivity officials tried to induce with last week's opening of…
Egypt’s benchmark EGX30 index fell to 7550.98 points Wednesday, the lowest level recorded since April 2014. The index opened the month of July…
You have a right to access accurate information, be stimulated by innovative and nuanced reporting, and be moved by compelling storytelling. Subscribe now to become part of the growing community of members who help us maintain our editorial independence.
Join us
