Hanan Mohamed

EGX ends its 4-session week in green, market cap. gains LE 1.92B

Wed, 29 Jun 2022 - 04:29 GMT

EGX decided earlier that Thursday, June 30, is an official holiday,on the occasion of the 30th June Revolution anniversary. Trading will be resumed effective Sunday, July 3.

EGX trades in red, market cap. loses LE3.69B

Tue, 28 Jun 2022 - 04:54 GMT

The benchmark EGX30 decreased 0.82 percent, or 75.8 points, to end at 9,179.63 points.

Arab, foreign selling push EGX into red zone, market cap. loses LE4.18B

Wed, 22 Jun 2022 - 04:17 GMT

The benchmark EGX30 slipped 0.88 percent, or 84.98 points, to end at 9,612.9 points.

Egypt signs agreement with Lebanon, Syria to supply natural gas

Tue, 21 Jun 2022 - 03:17 GMT

Under the agreement, the gas will be pumped through a pipeline to the Deir Ammar power station in northern Lebanon, where it can add about 450 megawatts to the grid, equivalent to about four additional hours of electricity per day.

EGX ends Tuesday in green despite slight decrease in market cap. amid local, Arab purchases

Tue, 21 Jun 2022 - 02:25 GMT

The benchmark EGX30 rose 0.18 percent, or 17.7 points, to end at 9,697.88 points.

Egypt looking forward to increasing Gulf investments in Country: Min.

Tue, 21 Jun 2022 - 01:49 GMT

Maait expressed his country’s aspiration to transform Gulf deposits in Egypt into real investments that take advantage of the promising development opportunities available in various fields, and the business-stimulating environment.

Agreements signed bet. Egypt, Saudi Arabia to develop capabilities of Egyptian economy: GAFI

Tue, 21 Jun 2022 - 12:16 GMT

These agreements will support the infrastructure, logistics and technology sectors; which work to develop the capabilities of the Egyptian economy.

Egypt, Chevron sign MoU for cooperation on East Mediterranean Gas

Mon, 20 Jun 2022 - 04:43 GMT

Chevron Corporation, which is an American multinational energy corporation, plans to drill its first exploration well in its concession area in the Mediterranean Sea next September.

EGX flags in red during Monday session, market cap. loses LE 2.78B

Mon, 20 Jun 2022 - 03:53 GMT

The benchmark EGX30 declined 0.49 percent, or 48.01 points, to end at 9,680.18 points.

EGX ends Sunday in red, market cap. loses LE8.1B

Sun, 19 Jun 2022 - 01:58 GMT

The benchmark EGX30 declined 1.40 percent, or 138.56 points, to end at 9,728.19 points.

EGX ends week in red, market cap. loses LE4.14B

Thu, 16 Jun 2022 - 04:38 GMT

The benchmark EGX30 declined 1.04 percent, or 103.22 points, to end at 9,866.75 points.

Afreximbank aims to pump $20B to support African trade over 5 years

Thu, 16 Jun 2022 - 03:54 GMT

The bank has pumped $20 billion over the past five years to support African trade.

How will Egypt benefit from gas export agreement with Israel, EU?

Wed, 15 Jun 2022 - 08:40 GMT

Certainly, Egypt’s share of the total natural gas exports worldwide will increase on the back of signing an agreement with Israel and the European Union (EU) on natural gas delivery to the European Union (EU) from the East Med region.

Egypt postpones electricity prices increase for 6 months, state to bear LE10B

Wed, 15 Jun 2022 - 03:43 GMT

President Sisi announced the postponement of the tariff increase and the reduction of electricity subsidies in Egypt, for the third time in two years,

The Big 5 Construct Egypt exhibition returns in June with participation of Armed Forces Engineering Authority

Mon, 06 Jun 2022 - 06:58 GMT

The exhibition runs under the patronage of Egypt’s Prime Minister Mostafa Madbouly, Prime Minister of Egypt, and will be inaugurated by Minister of Housing, Assem El Gazzar, as it is the only construction event supported by the Ministry of Housing, Utilities and Urban Communities.

EGX ends Wednesday in red zone, market cap. loses LE4.6B

Wed, 01 Jun 2022 - 05:46 GMT

The benchmark EGX30 declined 0.65 percent, or 66.07 points, to end at 10,083.98 points.

EGX ends Sunday in red amid Arab, foreign selling

Sun, 29 May 2022 - 03:36 GMT

The benchmark EGX30 dipped 1.12 percent, or 113.84 points, to end at 10,086.72 points.

Egypt plans to expand establishment of seawater desalination projects

Thu, 26 May 2022 - 04:34 GMT

The Prime Minister affirmed the state's interest in expanding seawater desalination projects during the next stage, especially in coastal and border cities, given the importance of these projects in providing part of the local water needs to support various development purposes.

EGX ends Tuesday in red, market cap. loses LE5.7B

Tue, 24 May 2022 - 04:43 GMT

The benchmark EGX30 dipped 0.95 percent, or 99.41 points, to end at 10,415.54 points.

EGX ends Monday in semi-collective rise, market cap. gains LE1.3B

Mon, 23 May 2022 - 04:42 GMT

The benchmark EGX30 rose 0.50 percent, or 52.21 points, to end at 10,514.95 points.