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 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 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

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

Sources for CNN in Arabic: Saudi sovereign wealth fund intends to buy new stakes in two companies on the Egyptian Stock Exchange

Cairo, Egypt (CNN) – CNN sources reported in Arabic that the Saudi Egyptian Investment Company – owned by the Saudi sovereign wealth fund – intends to increase the volume of its investments in Egypt in the coming period, by acquiring a stake in Misr Aluminum Company, and the increase in the stake in the Egyptian … Read more

The compensation of “Peugeot” and the seizure of City Stars events await the shareholders of the Stock Exchange

Shareholders on the Egyptian Stock Exchange are awaiting 6 events for companies registered this week, foremost of which is the ruling in the lawsuit of the Cairo Development and Automobile Industry Company, a subsidiary of Arabia Investments Holding, against Peugeot Automobile, France, to claim a compensation of 150 million euros from Peugeot International, and the … Read more

After exciting events .. The most important information about CIB and Arab

03:56 PM Sunday 25 October 2020 – Books – Mustafa Eid: Last Friday, the Commercial International Bank officially announced the appointment of Sherif Sami as the bank’s non-executive chairman to succeed Hisham Ezz Al-Arab. The departure of Ezz Al-Arab came after exciting events that began on Thursday morning when the Egyptian Stock Exchange announced the … Read more

The main index of the Egyptian Stock Exchange rose 2.07% … and the capital wins 10.6 billion pounds

The Egyptian Stock Exchange ended the trading session today, Sunday, the beginning of the week’s sessions, with a collective increase in all indices. The market capital of the Stock Exchange increased by 10.6 billion pounds, to close at 627.193 billion pounds. The EGX30 index rose by 2.07% to close at 11391 points, the EGX50 index … Read more

5 brokerage firms accounted for half of the trading value on the Stock Exchange during the week ended

Hermes Securities Brokerage Company topped the list of financial brokerage firms, in terms of the value of trading in the market inside and outside the cabin, and the Nile Stock Exchange last week, with a trading value of 1.03 billion pounds, with a market share of 13.4%, and Commercial International Brokerage Company came in securities, … Read more

The main stock index Egyptian loses 100 points in the first session of the week

Exchange indices the Egyptian Stock Exchange, at the conclusion of today’s meeting is Sunday, the beginning sessions of the week, down the main index for the fourth consecutive time, the pressure drop contributed leadership to the index 100 points, the index fell broader, while the index of small and medium businesses, as the decline of … Read more