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23 May 03:25 PM EGX maintains mixed results for 2nd consecutive session

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 …

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22 May 05:47 PM Future Aviation Forum 2024 attracts historic investments within 2 days

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 …

Companies Investments

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22 May 03:17 PM Egyptian stock market’s indices end Wednesday with mixed results

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 …

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21 May 05:31 PM Future Aviation Forum 2024 likely to showcase $100bn opportunities in Saudi aviation sector

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, …

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21 May 04:48 PM EGX closes Tuesday in decline; market cap value hits EGP 1.84trn

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 …

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20 May 04:10 PM Civil aviation contributes $53bn to Saudi economy – GACA

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 …

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20 May 03:01 PM EGX sees varied performance on Monday

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 …

Trading Activities

Future Aviation Forum in Riyadh

20 May 12:14 PM Future Aviation Forum 2024 launches in Saudi Arabia

Riyadh – Mubasher: The third edition of the Future Aviation Forum has kicked off today in the capital of Saudi Arabia under the patronage of the Custodian of the Two Holy Mosques King Salman. The event is being held for three days, 20-22 May 2024, …

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19 May 03:14 PM EGX’s indices soar on Sunday; turnover surpasses EGP 6bn

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) achieved outstanding performance on Sunday, with the EGX30 main index surging by 4.49% to 27,315.83 points. The small- and mid-cap EGX70 EWI jumped by 3.91% to close at 5,886.88 points. …

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16 May 03:28 PM Egyptian Exchange’s main index leaps over 3% on Thursday; market cap hits EGP 1.75trn

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) experienced significant gains on Thursday, with the EGX30 main index jumping by 3.27% to 26,142.84 points. The small- and mid-cap EGX70 EWI soared by 3.46% to close at 5,665.24 points. …

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15 May 03:18 PM EGX ends Wednesday with varied performance

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) closed Wednesday with mixed performance, with the EGX30 main index inching lower by 0.09% to 25,316.08 points. On the other hand, the small- and mid-cap EGX70 EWI grew by 0.58% to close …

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14 May 03:47 PM Egyptian Exchange sees negative performance on Tuesday

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) ended in the red territory on Tuesday, with the EGX30 main index declining by 0.16% to 25,339.77 points. The small- and mid-cap EGX70 EWI shrinks 0.56% to close at 5,444.38 points. The …

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14 May 09:01 AM GCC companies raise $931m from IPOs in Q1-24 – Report

Mubasher: Initial public offering (IPO) in the GCC has raised $931 million in the first quarter (Q1) of 2024, a 73% year-on-year (YoY) plunge from $3.50 billion in the comparative period of 2023, according to a report by Kuwait Financial Centre …

Initial Public Offerings

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13 May 03:28 PM EGX30 adds 0.9% on Monday; market cap totals EGP 1.7trn

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed a varied performance on Monday, with the EGX30 main index rising by 0.90% to 25,381.25 points. The small- and mid-cap EGX70 EWI went down by 0.96% to close at 5,474.85 points. The …

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12 May 04:26 PM EGX starts week in collective-index decline

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed a downward performance at the end of Sunday’s session, with the EGX30 main index falling by 3.26% to 25,155.92 points. The small- and mid-cap EGX70 EWI retreated by 4% to close at …

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9 May 03:19 PM EGX’s indices rise slightly on Thursday

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) inched higher at the end of Thursday’s session, with the EGX30 main index increasing by 0.05% to 26,003.16 points. The small- and mid-cap EGX70 EWI also grew by 0.13% to close at …

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8 May 05:41 PM EGX’s indices close Wednesday lower

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed a downward performance at the end of Wednesday’s session, with the EGX30 main index falling by 1.67% to 25,988.93 points. The small- and mid-cap EGX70 EWI also retreated by 1.86% …

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7 May 03:40 PM EGX’s indices end Tuesday higher; market cap hits over EGP 1.7trn

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) ended in a positive performance at the first session after the Labour Day and Eastern Christian Easter holidays, with the EGX30 main index increasing by 1.21% to close at 26,429.69 …

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2 May 03:08 PM EGX’s indices surge on Thursday, market cap exceeds EGP 1.76trn

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed a positive performance at the end of Thursday’s session, with the EGX30 main index rising by 3.34% to 26,113.71 points. The small- and mid-cap EGX70 EWI added 2.23% to close at …

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1 May 03:10 PM EGX ends Wednesday in green; market cap hits EGP 1.7trn

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) rose at the end of Wednesday’s session, with the EGX30 main index gaining by 3.36% to 25,270.55 points. The small- and mid-cap EGX70 EWI tumbled 1.74% to close at 5,670.65 points. The …

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Mostafa Abdelaziz, Managing Partner at Act Financial

1 May 12:52 PM Act Financial plans EGX listing in Q2-24 after decade of continuous work – Abdelaziz

By: Abdel Razek El-Showeikhy Cairo – Mubasher: Act Financial is in negotiations to acquire equities in four companies that plan to list their shares on the Egyptian Exchange (EGX), Managing Partner Mostafa Abdelaziz told Mubasher in an interview. …

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30 April 03:25 PM Egyptian Exchange’s indices tumble on Tuesday

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) dropped at the closure of Tuesday’s session, with the EGX30 main index dropping by 6.01% to 24,448.73 points. The small- and mid-cap EGX70 EWI tumbled 4.92% to close at 5,573.72 points. …

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29 April 05:05 PM EGX’s indices surge on Monday amid over EGP 1.76trn market cap

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) recorded a positive performance at the end of Monday’s session, with the EGX30 main index rising by 5.57% to 26,011.28 points. The small- and mid-cap EGX70 EWI added 2.59% to close at …

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28 April 03:04 PM Egyptian Exchange’s indices tumble on Sunday; turnover reaches EGP 2.3bn

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) fell on Sunday, with the EGX30 main index plunging by 4.93% to 24,639.63 points. The small- and mid-cap EGX70 EWI tumbled 4.72% to 5,714.19 points, while the EGX100 EWI plummeted by …

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28 April 11:12 AM EGX greenlights listing Act Financial

Cairo - Mubasher: The Egyptian Exchange (EGX) has approved listing investment company Act Financial under ticker ACTF.CA. Act Financial is looking forward to finalising the initial public offering (IPO) within the second quarter (Q2) of 2024, …

Initial Public Offerings