Cairo Stock Market Achieves Record High Amid Improving Egyptian Economy

Cairo Stock Market Achieves Record High Amid Improving Egyptian Economy

Cairo, Egypt (CNN) — The relative improvement of the Egyptian economy’s indicators was reflected in the stock market’s performance, which recorded the highest level in its history during the Sunday and Monday sessions of this week, and foreign investments resumed pumping investments again with limited values ​​after a continuous sale that lasted 18 months. Capital … Read more

The Saudi index declined at the beginning of the week.. and the Egyptian Stock Exchange rose

The Saudi index declined at the beginning of the week.. and the Egyptian Stock Exchange rose

The Saudi stock market closed lower on Sunday, affected by the decline in oil prices, on Friday, amid fears of the European Union’s ban on Russia’s refined oil products. Oil prices fell on Friday, as Brent crude futures fell $2.23, or 2.7 percent, to $79.94 a barrel. Meanwhile, Saudi Energy Minister Prince Abdulaziz bin Salman … Read more

The Egyptian Stock Exchange is the best performing stock exchange in the region in 2022

The Egyptian Stock Exchange is the best performing stock exchange in the region in 2022

The Egyptian Prime Minister’s page published a statement released by the Egyptian Stock Exchange, as stock markets in the Middle East region have witnessed a difficult period in 2022, as inflation, high interest rates and the war in Ukraine have seriously affected investor sentiment, according to Chief Market Strategist – Middle East and North Africa … Read more

Gains for the Egyptian Stock Exchange totaled £22.2 billion in a week

Gains for the Egyptian Stock Exchange totaled £22.2 billion in a week

The Egyptian Stock Exchange made market gains of £22.2 billion, closing the market capitalization of shares of listed companies at £973.5 billion, up from £951.3 billion, a growth rate of about 2.34%. The leading market index, EGX30, rose by 2.04%, to 15,141.55 points, and the small and medium-sized business index, EGX70, rose by 4.97%, to … Read more