News Analysis

Cairo – Mubasher: The Egyptian Exchange (EGX) indices ended Tuesday with mixed performance after achieving outstanding performance in the first session after Eid El-Fitr holiday. The EGX30 main index declined by 0.73% to close at 29,400.84 points. …

Cairo – Mubasher: The Egyptian Exchange (EGX) indices achieved good leaps on Monday, the first after the Eid Al Fitr holiday. The EGX30 main index surged by 3.90% to close at 29,616.47 points. The small- and mid-cap EGX70 EWI jumped by 2.36% to …

Mubasher: The Saudi crude oil production surged by 20,000 barrels per day (bpd) to hit 9.03 million bpd in March 2024 compared with 9.01 million bpd in February, according to the latest OPEC report. The average crude oil production by Saudi Arabia …

Mubasher: The performance of the capital markets in the Arab region was mixed during the holy month of Ramadan, with five markets rising and eight declining. The Palestine Exchange was the top performer, with the main index increasing by 20.48% …

Cairo – Mubasher: Egypt registered a 6.10% increase in tourism revenues to $7.80 billion in the first six months (6M) of the fiscal year (FY) 2023/2024. The recorded amount is compared to$7.30 billion a year earlier, according to official data. …

Cairo – Mubasher: Egypt's overall balance of payments (BOP) deficit reached $409.60 million in the first half (H1) of fiscal year (FY) 2023/2024, registering a surplus of $599.10 million in the same period the previous year. The current account …

Cairo – Mubasher: The Egyptian Exchange (EGX) closed in the green territory on Monday after the EGX30 main index grew by 1.25% to close at 28,503.75 points. The small- and mid-cap EGX70 EWI rose by 0.88% to stand at 6,541.52 points. On the other …

Cairo – Mubasher: Egypt’s annual headline urban consumer price index (CPI) inflation retreated to 33.1% in March 2024 from 36% in February, recording 221.6 points. The Central Agency for Public Mobilization and Statistics (CAPMAS) highlighted that …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) ended Sunday’s trading session with varied note after the EGX30 main index retreated by 1.24% to close at 28,151.66 points. The small- and mid-cap EGX70 EWI closed higher by 0.05% at …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed a positive performance on Thursday, with the EGX30 main index rising by 2.04% to close at 28,506.16 points. The small- and mid-cap EGX70 EWI also closed higher by 1.79% at …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed a mixed performance on Wednesday, with the EGX30 main index going up 0.01% to 27,937.22 points. Meanwhile, the other two indices fell as the small- and mid-cap EGX70 EWI retreated …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed negative performance at the end of Tuesday’s session, with the EGX30 main index falling by 1.28% to 27,934.36 points. The small- and mid-cap EGX70 EWI went down by 0.05% to …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) achieved exceptional performance on Monday, with the EGX30 main index soaring 5.26% to close at 28,297.17 points. The small- and mid-cap EGX70 EWI rose by 3.72% to 6,403.71 points. …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed negative performance at the end of Sunday’s session, with the EGX30 main index dropping 2.45% to close at 26,883.39 points. The small- and mid-cap EGX70 EWI plummeted by 3.51% to …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed negative performance at the end of Thursday’s session, with the EGX30 main index falling by 2.36% to 27,559.35 points. The small- and mid-cap EGX70 EWI plunged by 1.80% to …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed negative performance on Wednesday, with the EGX30 benchmark index declining by 2.87% to 28,224.37 points. Likewise, the small- and mid-cap EGX70 EWI fell by 2.71% to close at …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) declined collectively on Tuesday, with the EGX30 main index falling by 0.98% to 29,057.50 points. The small- and mid-cap EGX70 EWI retreated by 0.40% to 6,697.35 points. Similarly, the …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) closed Monday’s session higher, with the EGX30 main index rising by 0.98% to 29,344.46 points. The small- and mid-cap EGX70 EWI also went up by 0.72% to 6,724.52 points. Similarly, the …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) closed higher at the end of Sunday’s session, with the EGX30 main index up by 0.02% to 29,060.02 points. The small- and mid-cap EGX70 EWI rose by 1.22% at 6,676.65 points. Similarly, the …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) closed Thursday’s trading session in the green zone, with the EGX30 main index rising by 1.63% to 29,054.96 points. The small- and mid-cap EGX70 EWI closed higher by 3.16% at 6,596.40 …

Mubasher: EFG Hermes, an EFG Holding Company, concluded its advisory on the $428.70 million initial public offering (IPO) of Parkin on the Dubai Financial Market (DFM), according to a press reelase. EFG Hermes acted as a joint bookrunner on the …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) settled at a mixed note at the end of Wednesday’s trading session, with the EGX30 main index falling by 0.30% to 28,589.37 points. On the other hand, both the small- and mid-cap EGX70 …

Cairo – Mubasher: Fintech company Valu, a subsidiary of EFG Holding Company, is considering an initial public offering (IPO) of 25% of its shares on the Egyptian Exchange within the next 12 months, revealed Walid Hassouna, CEO of Valu, in an …