News Analysis

Cairo – Mubasher: The indexes of the Egyptian Exchange (EGX) ended Tuesday’s trading session with a positive performance, after declining in the previous session. The EGX30 main index rose by 0.52% to 26,973 points. The small- and mid-cap EGX70 …

Cairo – Mubasher: The indexes of the Egyptian Exchange (EGX) closed Monday’s trading session with a negative performance after the EGX30 main index fell by 0.13% to  26,834.47 points. Both small- and mid-cap EGX70 EWI as well as EGX100 EWI indices …

Cairo – Mubasher: EFG Hermes ONE, the online trading platform of EFG Hermes, and has entered into a partnership with Banque Misr and PayTabs Egypt. The partnership allows for the introduction of a new debit card top-up feature on the EFG Hermes …

Cairo – Mubasher: The indexes of the Egyptian Exchange (EGX) ended Sunday’s trading session on a negative note, with the EGX30 main index slipping 0.20% to 26,869.85 points. The small- and mid-cap EGX70 EWI and EGX100 EWI indices declined by 0.60% …

UAE - Mubasher: The Dubai Chamber of Commerce highlighted that the GCC market remained the top global export and re-export destination for its member companies in the first quarter (Q1) of 2024. The GCC region accounted for 55.50% of total exports …

Cairo – Mubasher: Qalaa Holdings has announced the opening of the first phase for applications to participate in the purchase of the company’s debt owed to certain banks and financial institutions. The first phase will be open between 2 and 9 …

Mubasher: The Saudi Exchange (Tadawul) closed Thursday’s session with a mixed performance, while the Egyptian stock market showed a downward performance for all its indices. This is unlike the UAE stock markets which ended the session in the green …

Cairo – Mubasher: The indexes of the Egyptian Exchange (EGX) closed Wednesday’s trading session on a negative note, with the EGX30 main index down 0.39% to 27,089.68 points. Both small- and mid-cap EGX70 EWI as well as EGX100 EWI indices ended the …

Cairo – Mubasher: The Egyptian Exchange (EGX) indices closed negative for the second consecutive session on Tuesday, with the EGX30 index declining by 0.34% to 27,194.51 points. The EGX70 EWI decreased by 0.51% to 5,968.61 points, while the EGX100 …

Mubasher: The crude oil market is witnessing a rise due to escalating tensions in the Middle East following the killing of an Egyptian soldier in a clash with Israeli forces, according to a report by Saxo Bank. The price of West Texas Intermediate …

Mubasher: The Middle East ranked as the fastest-growing real-time payment market for the second consecutive year in 2023, according to the 2024 Prime Time for Real-Time report by ACI Worldwide and GlobalData. The region's real-time payment market …

UAE – Mubasher: The UAE came first in the MENA region and 18th globally in the World Economic Forum’s Travel & Tourism Development Index (TTDI) 2024, according to the WEF report. Abdulla bin Touq Al Marri, Minister of Economy and Chairman of the …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) ended in the red territory on Monday, with the EGX30 index shrank by 0.91% to close at 27,287.31 points. The EGX70 EWI declined by 0.65% to 5,999.23 points, while the EGX100 EWI …

Mubasher: The increased investor confidence is driving sustained demand across the healthcare value chain in the Middle East region, according to JLL. JLL recently advised a consortium led by UAE-based Fajr Capital to acquire a 65% shareholding in …

Cairo - Mubasher: The Egyptian Exchange (EGX) on Monday announced the acquisition of 6.36 million shares in Minapharm Pharmaceuticals in a block-trading transaction. The deal has a total value of EGP 1.27 billion. Block-trading transactions …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) started the week with strong performance, with the EGX30 index rising by 1.23% to close at 27,539.21 points on Sunday. Similarly, the EGX70 EWI grew by 1.65% to 6,038.28 points, while …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) registered a mixed performance on Thursday for the second day in a row, with the EGX30 index inching lower by 0.08% to 27,205.14 points. On the other hand, the EGX70 EWI rose by 0.82% to …

Riyadh – Mubasher: The third edition of the Future Aviation Forum has witnessed the signing of several agreements on the first two days of the event, which had nearly 5,000 delegates from over 100 countries to elevate global connectivity. On top …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) registered a varied performance on Wednesday, with the EGX30 index inching higher by 0.01% to 27,227.44 points. The EGX70 EWI declined by 0.35% to 5,891.86 points, while the EGX100 EWI …

Riyadh – Mubasher: The Future Aviation Forum 2024 is expected to showcase the $100 billion investment programme of opportunities available in the Saudi aviation sector that will accelerate the development of aviation globally. The three-day event, …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed a downward performance at the end of Tuesday, with the EGX30 main index inching down 0.01% to 27,224.80 points. The small- and mid-cap EGX70 EWI also retreated by 0.21% to …

Riyadh – Mubasher: Saudi Arabia’s civil aviation sector is contributing $53 billion to the kingdom's economy, according to a report by the General Authority of Civil Aviation (GACA). The contribution of the sector to the Saudi economy includes …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) witnessed mixed performance on Monday, with the EGX30 main index inching lower by 0.32% to 27,228.85 points. On the other hand, the small- and mid-cap EGX70 EWI edged higher by 0.65% to …