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16 May 12:08 PM
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Mercon Developments launches Nurai in New Cairo with EGP 10bn

Cairo – Mubasher: Mercon Developments has launched a 16-acre real estate project in New Cairo with EGP 10 billion in investments. Located in the Lotus area at Golden Square, the Nurai project's plan includes 350 units, with a built-up area (BUA) …
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CBE issues T-bills worth EGP 45bn on Thursday
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Masdar, partners secure land for 10 GW wind power plant in Egypt
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ALEXBANK’s net profit leaps 78% YoY in Q1-24
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Devaluation leads Orascom Development Egypt to EGP 984m loss in Q1-24
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GSK Egypt turns to loss in Q1-24
Egypt Arab Global Commodities
EGX30
25,582.88 1.05% 266.80
Volume 378,959,780 Turnover 1,142,125,622 No. of Trades: 40,740
69 Down 10 Flat 131 Up
No. of Traded Stocks : 210
Last Update: 10:53 AM
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Mercon Developments launches Nurai in New Cairo with EGP 10bn Companies Investments
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CBE issues T-bills worth EGP 45bn on Thursday Macroeconomics
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EGX ends Wednesday with varied performance Trading Activities
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Masdar, partners secure land for 10 GW wind power plant in Egypt Companies Investments
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ALEXBANK’s net profit leaps 78% YoY in Q1-24 Financial Results
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Devaluation leads Orascom Development Egypt to EGP 984m loss in Q1-24 Real estate
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GSK Egypt turns to loss in Q1-24 Financial Results
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NileSat records plunge in Q1-24 financials Financial Results
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Egyptian Exchange sees negative performance on Tuesday Trading Activities
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Al Baraka Group launches portal to boost Egyptian, Pakistani cooperation Banking and Finance
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Mubasher Exclusive
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Masdar to expand green hydrogen projects in Egypt’s SCZONE, Mediterranean coast Companies Investments
Mostafa Abdelaziz, Managing Partner at Act Financial
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Arab stock markets show varied performance in Ramadan 2024 Market News
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Madinet Masr considers purchase of 400 feddans in North Coast – CEO Companies Investments
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Al Ahly Sabbour Developments considers EGP 450m in loans for 2024 – Chairman Banking and Finance
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USD hits record high of over EGP 50 at Egyptian banks Macroeconomics
GTN expands commodities offering for digital investing in physical gold and silver
GTN expands commodities offering for digital investing in physical gold and silver Trading Activities
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Islamic Finance
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Al Rajhi Bank concludes $1bn USD-denominated sukuk Sukuk and Islamic Finance
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Aldar Properties’ investment arm issues $500m green sukuk Sukuk and Islamic Finance
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Al Rajhi Bank to issue USD sukuk to Saudi, int’l investors Banking and Finance
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Moody’s upgrades ADIB’s BCA to 'baa3'; affirms long-term issuer ratings Banking and Finance
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DSI’s shareholders pass restructuring plan General Assembly
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Cenomi Centers concludes $100m sukuk private placement Sukuk and Islamic Finance
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Al Rajhi Bank issues $1bn sustainable sukuk Banking and Finance
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Al Rajhi Bank to issue USD-denominated sukuk Banking and Finance
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Cenomi Centers completes $500m sukuk issuance Sukuk and Islamic Finance
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Cenomi Centers to offer USD-denominated Sukuk Companies Investments
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Arab Markets
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Morabaha Marina Financing eyes SAR 25.5m cash dividends for 2023 Board of Directors
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Amanat logs over AED 48m net profits in Q1-24 Financial Results
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Cenomi Centers’ profits drop 52% YoY in Q1-24; dividends proposed Real estate
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BinDawood’s profits surge 16% in Q1-24; dividends for H2-23 unveiled Cash Dividends
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DP World opens 3 facilities in Romania with EUR 130m Companies Investments
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ACWA Power’s solar power project in UAE receives operation certificate Companies Investments
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Eshraq Investments incurs higher losses in Q1-24 at AED 306m Board of Directors
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Mercon Developments launches Nurai in New Cairo with EGP 10bn Companies Investments
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MBC Group sees 36% higher revenues in Q1-24; profits exceed SAR 121m Financial Results
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CBE issues T-bills worth EGP 45bn on Thursday Banking and Finance
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International Markets
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