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19 October 03:30 AM

Minister of Communications and Information Technology Amr Talaat
Egypt hosts 13 subsea cables with five more under construction

Cairo – Mubasher: The Egyptian Minister of Communications and Information Technology, Amr Talaat, said that the country hosts 13 subsea cables with five more under installation.  During his talk at the “Investment Opportunities in IT and …
The market cap value increased by EGP 6.14 billion
EGX ends Monday in green as Emerald makes trading debut
The new factory has the capacity to produce up to 400 tonnes per day
Egypt inaugurates EGP 55m animal, poultry feed factory in New Valley
Trading on e-finance’s issued shares will start on 20 October
EGX executes public, private offerings on e-finance at EGP 5.84bn
The project is expected to generate EGP 4 billion in sales
Emerald Development to build EGP 2bn commercial project
The revenues declined to EGP 574.18 million
Heliopolis Housing's adjusted profit down 51% in FY20/21; dividends proposed
Egypt Arab Global Commodities
EGX30
11,276.17 1.08% 120.60
Volume 431,497,335 Turnover 1,413,600,500 No. of Trades: 42,016
114 Down 10 Flat 98 Up
No. of Traded Stocks : 222
Last Update: 18 October 02:29 PM
Latest News
Minister of Communications and Information Technology Amr Talaat
Egypt hosts 13 subsea cables with five more under construction Macroeconomics
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The market cap value increased by EGP 6.14 billion
EGX ends Monday in green as Emerald makes trading debut Trading Activities
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the cement producer logged net losses of EGP 35.69 million in three months
EGX approves South Valley Cement's authorised capital cut Financial Results
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The new factory has the capacity to produce up to 400 tonnes per day
Egypt inaugurates EGP 55m animal, poultry feed factory in New Valley Macroeconomics
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Total dividends amount to EGP 97.5 million
Middle and West Delta Mills approves EGP 13/shr dividend for FY20/21 General Assembly
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Trading on e-finance’s issued shares will start on 20 October
EGX executes public, private offerings on e-finance at EGP 5.84bn Initial Public Offerings
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The project is expected to generate EGP 4 billion in sales
Emerald Development to build EGP 2bn commercial project Real estate
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The revenues declined to EGP 574.18 million
Heliopolis Housing's adjusted profit down 51% in FY20/21; dividends proposed Cash Dividends
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The company will start its operations upon the issuance of the required licences
Aspire Capital to set up micro-finance firm Corporate Actions
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Central Bank of Egypt
Remittances from Egyptian expats hit $18.7bn in seven months Central Banks
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Mubasher Exclusive
Tatweer Misr has invested over EGP 4.5 billion in smart solutions
Tatweer Misr inks deal with Huawei to launch fully connected smart cities Real estate
Photo Archive
Sorouh Developments plans EGP 1bn investments in NAC project Companies Investments
The CEO of O West, Tarek Kamel
Orascom announces operation of two new schools in O West Real estate
The project is expected to be established within two years
First Group launches EGP 750m residential project in Sheikh Zayed Companies Investments
Nihal El-Chami, Head of Programme and Marketing at Falak Startups
Startup Lounge: More VC investors now interested in Africa, Middle East – Nihal El-Chami Macroeconomics
The company's stock rose by 73% to EGP 55.98
Zahraa Maadi becomes largest market-cap real estate developer on EGX Trading Activities
The Egyptian market accounts for 10-15% of Mrsool's total operations
Mrsool eyes expansion in Africa via Egypt, listing on an Arab stock exchange Global Economy
Financial inclusion with digital solutions could boost economic growth
Digital transformation, FinTech could drive financial inclusion in Egypt’s rural areas Banking and Finance
A total of 53 unplanned areas have already been developed at a cost of EGP 1 billion
Egypt develops 79 unplanned areas with EGP 2.4bn Macroeconomics
The inflation rate is expected to exceed 6% in October
CBE likely to keep interest rates unchanged for sixth time in row Central Banks
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Islamic Finance
The Sukuk offering is subject to the approval of the competent authority.
Al Kathiri Holding intends to issue SAR 500m Sharia-compliant Sukuk Sukuk and Islamic Finance
DIB has hired the banks to arrange the deal
DIB plans to sell US dollar senior Sukuk Banking and Finance
Minister of Finance, Mohamed Maait
Egypt to issue first batch of sovereign Sukuk in H2-FY21/22 Macroeconomics
President Abdel Fattah El-Sisi
El-Sisi ratifies Sovereign Sukuk Law Law
The Murabaha loan has an eight-year duration
Alujain secures SAR 1bn Murabaha facility from Alinma Bank Sukuk and Islamic Finance
Banque Misr will contribute EGP 650 million to the loan
Banque Misr, BM Lease ink EGP 700m Musharaka deal Sukuk and Islamic Finance
This brings Contact's total Sukuk issuances to EGP 5 billion
Contact Financial Holding closes second Sukuk issuance worth EGP 2.5bn Sukuk and Islamic Finance
The settlement of the Sukuk will take place on 28 July
Arabian Centers raises $225m from USD-denominated Sukuk issue Sukuk and Islamic Finance
Arabian Centres will later announce the size and value of the Sukuk
Arabian Centres starts issuing USD-denominated Sukuk Companies Investments
The Sukuk has been priced at 3.7% yield
Emaar Properties lists $500m Sukuk on Nasdaq Dubai Sukuk and Islamic Finance
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Arab Markets
Minister of Communications and Information Technology Amr Talaat
Egypt hosts 13 subsea cables with five more under construction Macroeconomics
Photo Archive
Saudi Arabia records 38 new COVID-19 cases Sector Reports
The market cap value increased by EGP 6.14 billion
EGX ends Monday in green as Emerald makes trading debut Trading Activities
Photo Archive
Arabian Centres, Alhokair complete acquisition of 51% stake in VogaCloset Companies Investments
the cement producer logged net losses of EGP 35.69 million in three months
EGX approves South Valley Cement's authorised capital cut Financial Results
Photo Archive
Saudi Paper’s board proposes SAR 145m capital raise Board of Directors
Photo Archive
AFG announces IPO of Group Five Pipe Saudi Initial Public Offerings
Both entities have been co-investing in the Middle East
Azimut, Gellify launch $50m VC Fund to support MENA startups Companies Investments
The new factory has the capacity to produce up to 400 tonnes per day
Egypt inaugurates EGP 55m animal, poultry feed factory in New Valley Macroeconomics
The initiative has partnered with the incubators and accelerators
MBRSC launches Space Ventures to boost UAE's space sector Companies Investments
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International Markets
Gold demand declines in Q1 due to ETF outflows
Eurozone manufacturing growth at fastest pace since May 2018
Eurozone manufacturing sector sees strongest growth in over two years
Eurozone inflation turns negative for first time in four years
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