EGX eyes breaking 11,500 points resistance level
The benchmark index EGX30 closed at 11,318.35 points, recording a decline of…
EGX expected to continue sideways movement between 11,300 – 11,750 points
The benchmark index EGX30 closed at 11,431.24 points last week, an increase…
Egypt reports highest quarterly growth in 2 decades at 9.8% in 1Q FY22
Annual growth to range between 5.5 - 5.7% by FY22-end
FRA issues rules governing SPACs in Egypt
Rules include timeline for companies to pull trigger on SPAC mergers, list…
Recovery expected in EGX performance after government’s incentives package
He also ordered the establishment of a special unit in the General…
Misr Cement’s net profit hikes 211% to EGP 122m in 9M 2021
Company’s exports hike by 200% YoY, amounting to 208k tonnes in 9M…
MNHD reports 39.6% sales drop in 9M 2021
Company’s revenue down 4.3% y/y to EGP 428.4m in 3Q 2021
Egypt to open world’s largest spinning factory by 2Q 2022, with EGP 7bn investment
It comes during the minister's meeting with the contracting company responsible for…
Edita Food Industries commences operations in Morocco in November
Company reports rapid growth in revenues for 3Q2021, driven by higher volumes,…
FRA gives green light to SPACs in Egypt
SPACs to provide funding alternatives to emerging companies, especially in technology, digital…