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18 June 06:37 PM
EGP 12 billion will be spend to develop informal settlements by the end of FY19/20
Egypt to inaugurate 8 developed slums in months – Official

By: Abdullah Bedeir Cairo – Mubasher: Informal Settlements Development Fund (ISDF) has completed developing eight informal settlements to be inaugurated within the coming months, ISDF’s executive director, Khaled Siddiq, told Mubasher. The …
The winning firm will be required to provide a two-year insurance coverage
Four firms compete to provide EGP 58m insurance coverage
The value of lands is estimated to be between EGP 1.6 billion and EGP 2.4 billion
Heliopolis Housing seeks to sell 3% of land portfolio
US, China officials to restart trade talks before G20–Trump
The average consumption of fish per capita is estimated to increase to 18.5 kilograms
Egypt targets to raise fish production to 2m tonnes by 2030 – Minister
The company’s net profits registered EGP 22.13 million in Q1-19
Arabia Investments’ board approves EGP 288m capital hike
Egypt Arab Global Commodities
EGX30
14,202.86 -0.27% -38.35
Volume 82,410,552 Turnover 570,001,164 No. of Trades: 13,303
127 Down 7 Flat 33 Up
No. of Traded Stocks : 167
Last Update: 02:29 PM
Latest News
US, China officials to restart trade talks before G20–Trump Global Markets brief
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The average consumption of fish per capita is estimated to increase to 18.5 kilograms
Egypt targets to raise fish production to 2m tonnes by 2030 – Minister Macroeconomics
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The company’s net profits registered EGP 22.13 million in Q1-19
Arabia Investments’ board approves EGP 288m capital hike Corporate Actions
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Facebook confirms new crypto debut in 2020 Global Reports
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EGP 12 billion will be spend to develop informal settlements by the end of FY19/20
Egypt to inaugurate 8 developed slums in months – Official Macroeconomics
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Market capitalisation lost about EGP 3.35 billion
EGX ends Tuesday in red on local sales Trading Activities
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Egypt’s imports from India grew 18.2%
Egypt’s exports to India soars in 2018 Macroeconomics
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The new project is expected to be inaugurated in August
Saudi Alhokair’s unit injects EGP 1.2bn in Mall of Tanta Companies Investments
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UK fintech Finastra names new CFO Global Markets brief
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Non-oil imports valued at AED 7.093 billion in March
Abu Dhabi’s non-oil trade hits AED 15.9bn in March Commodities
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Mubasher Exclusive
EGP 12 billion will be spend to develop informal settlements by the end of FY19/20
Egypt to inaugurate 8 developed slums in months – Official Macroeconomics
The winning firm will be required to provide a two-year insurance coverage
Four firms compete to provide EGP 58m insurance coverage Companies Investments
The value of lands is estimated to be between EGP 1.6 billion and EGP 2.4 billion
Heliopolis Housing seeks to sell 3% of land portfolio Companies Investments
All the construction work of at the new capital's is set for completion in H1-20
Egypt completes 70% of New Administrative Capital’s infrastructure Real estate
EGP 18bn were spent for informal settlements development
Egypt to allocate $720m to informal settlements development Real estate
CIB topped the list
Profits of 12 EGX-listed banks reach $500m in Q1 Sector Reports
Speed Medical plans to establish a hospital at a cost of EGP 180 million
Speed Medical eyes listing on EGX’s main market in 2019 – Chairman Companies Investments
The decline in the USD-EGP rate will cut the cost of car imports
Car prices to go down in Egypt Companies Investments
Egypt has purchased 3.2 million tonnes of local wheat
Egypt’s strategic wheat reserves sufficient for 5M Macroeconomics
The supply ministry aims to buy 3.6 million tonnes of local wheat
Egypt pays EGP 14bn for local wheat since April – Minister
Egypt will pay farmers between EGP 655 and EGP 685 per ardeb
Egypt receives 3.2m tonnes of local wheat since April Commodities
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Islamic Finance
Savola to start offering its 1st issuance of sukuk Companies Investments
Saudi Arabia would continue to be an “active” issuer on dollar bond markets
Saudi Arabia to issue dollar sukuk by end of 2019 Sukuk and Islamic Finance
The conference will discuss mechanisms of sukuk finance
EIFA's annual conference to kick off in Egypt on Thursday Macroeconomics
SCA approved to register around AED 7 billion bonds and sukuk in local securities markets in 2018
UAE SCA approves AED 7bn bond, sukuk issuance in 2018 Banking and Finance
The First Group appointed Shuaa Capital to arrange the anticipated transaction
Shuaa Capital to arrange $135m sukuk issue for First Group Real estate
The sukuk offering was listed on the Irish Stock Exchange
KIB receives proceeds of $300 million sukuk issue Banking and Finance
The shareholders in DIB will weigh up the acquisition of 100% stake in Noor Bank
DIB considers acquisition of Noor Bank Sukuk and Islamic Finance
This newly-launched index will offer a new revolving instrument to annalise USD-denominated sukuks in global markets
KFH Capital arranges $5bn sukuk issues Sukuk and Islamic Finance
The issue comes along with the company’s $5 billion sukuk programme
KFH Capital arranges 1st sukuk transaction for STC Macroeconomics
This AT1 Sukuk has been issued as an advanced capital instrument
KIB issues $300m AT1 perpetual Sukuk Sukuk and Islamic Finance
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Arab Markets
US, China officials to restart trade talks before G20–Trump Global Markets brief
The average consumption of fish per capita is estimated to increase to 18.5 kilograms
Egypt targets to raise fish production to 2m tonnes by 2030 – Minister Macroeconomics
The company’s net profits registered EGP 22.13 million in Q1-19
Arabia Investments’ board approves EGP 288m capital hike Corporate Actions
The Omani economy suffers tighter liquidity conditions
Omani bank’s liquidity to remain tight; funding costs may go up – Moody’s Macroeconomics
Facebook confirms new crypto debut in 2020 Global Reports
EGP 12 billion will be spend to develop informal settlements by the end of FY19/20
Egypt to inaugurate 8 developed slums in months – Official Real estate
The utilities sector topped the risers adding 1.23%
TASI up, Nomu down late Tuesday Stock Evaluations
This partnership offers flexible and reliable data connectivity
Batelco boosts partnership with Tata Communications Companies Investments
Market capitalisation lost about EGP 3.35 billion
EGX ends Tuesday in red on local sales Trading Activities
Egypt’s imports from India grew 18.2%
Egypt’s exports to India soars in 2018 Macroeconomics
More
International Markets
HSBC, UBS upgrade Malaysian stocks on US-China trade war
AccorHotels EBITDA seen at EUR 712m in FY18
Gold stays near 10M-hike; markets closely await Fed minutes
Global sovereign sukuk issuance may exceed $93bn by 2020 –Moody’s
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