Hanan Mohamed

EGX ends mid-week session in green, market cap. gains LE 7.24B

Tue, 06 Dec 2022 - 04:27 GMT

The benchmark EGX30 increased 1.19 percent, or 170.52 points, to end at 14,498.29 points.

EGX ends Monday on mixed note, market cap. gains LE10.16B

Mon, 05 Dec 2022 - 05:02 GMT

The benchmark EGX30 increased 1.77 percent, or 249.24 points, to end at 14,327.77 points.

Stoppage of gold pricing after 21-carat reached LE 1,800

Mon, 05 Dec 2022 - 04:36 GMT

“The platform stopped the price movement until the market stabilized, in light of the existence of crude manipulation under the illusions of supply and demand, in addition to the existence of a discrepancy in prices within the market,” Saeed Imbaby, CEO of the "iSagha" platform, said.

"Agthia" has no plans to list Abu Auf on stock exchange: Group's CEO tells Et

Sun, 04 Dec 2022 - 04:47 GMT

On Nov. 30, Agthia Group announced the completion of its acquisition of a 60 percent stake in Auf Group at a value of LE 2.9 billion.

EGX adds LE23.59B to market cap. Sunday

Sun, 04 Dec 2022 - 03:47 GMT

The benchmark EGX30 increased 3.22 percent, or 438.8 points, to end at 14,078.53 points.

US Chevron discovers 3.5tcf gas well in Egypt

Sun, 04 Dec 2022 - 03:43 GMT

The discovery will be a huge boost to Egypt which has seen its output fall from a peak of 7.2bn cfd last September to 6.5bn cfd for Q3.

EGX ends week in green, market cap. gains LE8.09B

Thu, 17 Nov 2022 - 06:25 GMT

The benchmark EGX30 increased 1.41 percent, or 174.51 points, to end at 12,515.71 points.

Egypt back to Reform Track

Mon, 31 Oct 2022 - 01:50 GMT

Egypt announced reform procedures followed by announcing securing financing packages worth $9 billion.

EGX shows mixed performance Sunday, market cap. gains LE5.51B

Sun, 30 Oct 2022 - 03:13 GMT

The benchmark EGX30 hiked 0.26 percent, or 28.65 points, to end at 11,100.67 points.

EGX flags in green, market cap. gains LE25.42B in response to CBE's decisions

Thu, 27 Oct 2022 - 03:48 GMT

This came in response to the Central Bank’s decision to raise interest rates by about 2 percent in an exceptional meeting, and the flexibility to move the exchange rate against foreign currencies.

State ownership document not 'sale of assets': Madbouli at Egypt's Economic Conference 2022

Mon, 24 Oct 2022 - 04:46 GMT

Madbouli elaborated that the document aims to develop a clear and specific regulatory framework for regulating relations in economic activities between the state and the private sector.

Egypt's Planning Min. explains global economic crisis during Egypt's Economic Conference

Mon, 24 Oct 2022 - 01:31 GMT

This came during El-Said’s participation in Egypt’s Economic Conference which is currently being held for three days in the Administrative Capital in Egypt.

Egypt not tied to dollar, pound index to be conducted: CBE governor

Mon, 24 Oct 2022 - 10:29 GMT

He noted during Egypt’s Economic Conference that the CBE enjoys complete independence, and at the same time there is coordination with the government and the private sector as well.

Egypt plans to lower budget deficit to 4%, descend debt to 72% in 5 years: Maait

Mon, 24 Oct 2022 - 09:56 GMT

Maait elaborated that Egypt’s budget deficit recorded its highest rate during the period between 1980 to 1985, reaching 13.8 percent, before it started to decline to range from 4.4 percent to 6 percent.

Sisi focuses on electricity, eliminating slums, education at Egypt's Economic Conference 2022

Sun, 23 Oct 2022 - 06:34 GMT

In the following lines, Egypt Today (ET) reviews Sisi’s most prominent statements at the economic conference during its first activities.

Egypt's economic conference 2022 comes amidst global crisis.. know more of Madbouli's speech

Sun, 23 Oct 2022 - 04:25 GMT

Madbouli delivered a speech at the beginning of the activities of the first day of the conference, which will last for three days, under the title (The Egyptian Economy in Forty Years... What Next?)

EGX ends week in green, market cap gains LE4.34B

Thu, 20 Oct 2022 - 04:28 GMT

The benchmark EGX30 rose 1.15 percent, or 117.19 points, to end at 10,273.53 points.

EGX ends Wednesday on mixed note, market cap. gains LE113.95M

Wed, 19 Oct 2022 - 07:46 GMT

The benchmark EGX30 inched down 0.07 percent, or 7.22 points, to end at 10,156.34 points.

Know more about Egypt's Black Treasure

Wed, 19 Oct 2022 - 05:05 GMT

In Egypt, black sand is available on the coast overlooking the Mediterranean Sea from Rasheed to Rafah with a length of 400 km. It is spread by sea currents and waves in those areas and present in the sand dunes.

Egyptian, Arab purchases push EGX towards uptrend for 3rd session

Tue, 18 Oct 2022 - 04:31 GMT

The benchmark EGX30 increased 0.15 percent, or 15.16 points, to end at 10,163.56 points.