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23 May 10:23 AM
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Philip Morris International acquires 14.7% of Eastern Company

Cairo – Mubasher: Philip Morris International (PMI) has acquired a 14.70% stake in Eastern Company. The two companies also signed a nonexclusive letter of intent (LOI) to explore potential strategic areas for mutual long-term collaboration, in the …
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CBE offers EGP 50bn T-bills end-week
Jad Antoun, CEO and Co-Founder of Huspy
UAE-headquartered Huspy fuels growth plans in MENA via funding round
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Future Aviation Forum 2024 attracts historic investments within 2 days
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flyadeal expands fleet size with new order at Future Aviation Forum
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Maait announces EGP 500m additional financing for special funds employees’ salaries
Egypt Arab Global Commodities
EGX30
27,387.76 0.59% 160.32
Volume 27,306,364 Turnover 158,189,306 No. of Trades: 4,747
38 Down 6 Flat 113 Up
No. of Traded Stocks : 157
Last Update: 09:08 AM
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Philip Morris International acquires 14.7% of Eastern Company Mergers and Acquisitions
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CBE offers EGP 50bn T-bills end-week Treasury Bills
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Jad Antoun, CEO and Co-Founder of Huspy
UAE-headquartered Huspy fuels growth plans in MENA via funding round Global Economy
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Photo Gallery
Future Aviation Forum 2024 attracts historic investments within 2 days Global Economy
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Photo Archive
Egyptian stock market’s indices end Wednesday with mixed results Trading Activities
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Maait announces EGP 500m additional financing for special funds employees’ salaries Macroeconomics
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EFG Hermes acquires equity ownership in Danish fintech Kenzi Wealth Mergers and Acquisitions
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NBE secures $119m loan from EBRD Banking and Finance
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flyadeal expands fleet size with new order at Future Aviation Forum Global Economy
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Remco’s consolidated losses deepen to EGP 1.8bn in 2023 Real estate
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Mubasher Exclusive
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Riyadh Air’s Coste unveils plans until 2030, impact on Saudi employment ecosystem – Interview Event
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Masdar to expand green hydrogen projects in Egypt’s SCZONE, Mediterranean coast Global Economy
Mostafa Abdelaziz, Managing Partner at Act Financial
Act Financial plans EGX listing in Q2-24 after decade of continuous work – Abdelaziz Global Economy
Mohammed Al Ballaa, Chairman of Mubasher Financial Group
Highlights of Chairman Al Ballaa’s speech during AFCM 2024 Global Economy
Mohammed Rashid Al Ballaa, Chairman of MubasherTrade Global
Mubasher aims at broadening investors base in Arab exchanges – Chairman Al Ballaa Companies Investments
Mohammed Rashid Al Ballaa, Chairman of MubasherTrade Global
Mubasher Global has the largest network, covers 3m investment tools – Chairman Al Ballaa Event
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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 Companies Investments
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USD hits record high of over EGP 50 at Egyptian banks Macroeconomics
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Islamic Finance
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Emirates Islamic issues $750m sustainability sukuk Banking and Finance
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Saudi Arabia’s NDMC closes SAR 3.2bn sukuk issuance Banking and 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 Companies Investments
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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 Sukuk and Islamic 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 Sukuk and Islamic Finance
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Al Rajhi Bank to issue USD-denominated sukuk Banking and Finance
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Arab Markets
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SRMG appoints Chairman, Vice President Board of Directors
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Philip Morris International acquires 14.7% of Eastern Company Companies Investments
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CMA approves Ayyan Investment’s capital hike Management Decisions
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CBE offers EGP 50bn T-bills end-week Banking and Finance
Jad Antoun, CEO and Co-Founder of Huspy
UAE-headquartered Huspy fuels growth plans in MENA via funding round Global Economy
Photo Gallery
Future Aviation Forum 2024 attracts historic investments within 2 days Companies Investments
Photo Archive
Aljazira Takaful Taawuni’s board nods for SAR 0.3/shr dividends for 2023 Banking and Finance
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Egyptian stock market’s indices end Wednesday with mixed results Trading Activities
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Emirates Islamic issues $750m sustainability sukuk Banking and Finance
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Aldar, Dubai South join forces to build facility for Kuehne+Nagel Companies Investments
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International Markets
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