News Analysis

Mubasher: Under the sponsorship of Mubasher Global, the 1st Investor Competition for traders in the US stock market will kick off next month, from 2 until 31 October 2023. Registration for Mubasher’s U.S. markets Virtual Stock Trading Competition …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed varied performance on Monday, with the EGX30 main index closing higher by 0.53% at 20,320.56 points. The small- and mid-cap EGX70 EWI retreated by 0.40% to 3,812.64 points. …

Mubasher: Mubasher Global is launching the Egyptian Exchange (EGX) Virtual Stock Trading Competition – Season 9, where participants will be getting a virtual amount equivalent to EGP 100,000 to start actual trading. The one-month contest, which …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) closed Thursday’s trading session in the green zone, with the EGX30 main index up 1.43% to 20,080.57 points. Both the EGX70 EWI and the EGX100 EWI ended the trading session higher by …

Cairo - Mubasher: The Egyptian Exchange (EGX) and the Central Bank of Egypt (CBE) will suspend their operations on Thursday, 28 September 2023, in celebration of Prophet Muhammad's birthday (Mawlid El-Nabawi). Trading and work at the EGX and banks …

Riyadh – Mubasher: ADES Holding Company, a leading oil and gas drilling and production services provider in the MENA region, set the final offer price for its initial public offering (IPO) on the Saudi Exchange (Tadawul) at SAR 13.50 per share. …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed a negative performance on Wednesday, with the EGX30 main index down 0.79% to 19,797.23 points. Both the EGX70 EWI and the EGX100 EWI ended the trading session lower by 1.97% at …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed a varied performance on Tuesday after the EGX30 main index rose by 1.03% to 19,954.30 points. On the other hand, the EGX70 EWI and the EGX100 EWI ended the trading session lower …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) ended Monday’s trading session in the green zone, with the EGX30 main index up by 0.42% to 19,751.78 points. Both the EGX70 EWI and the EGX100 EWI also ended the trading session higher …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed a positive performance on Sunday after the EGX30 main index rose by 0.66% to 19,668.82 points. Both the EGX70 EWI and the EGX100 EWI also ended the trading session higher by 0.40% …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) ended Thursday’s trading session higher with the EGX30 main index up by 0.92% to 19,540.33 points. Both the EGX70 EWI and the EGX100 EWI also ended the trading session in the green zone …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) closed Wednesday’s trading session in the green zone after the EGX30 main index rose by 1.14% to 19,361.70 points. Both the EGX70 EWI and the EGX100 EWI also ended the trading session …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed a negative performance on Tuesday after the EGX30 main index went down by 0.70% to 19,144.09 points. Both the EGX70 EWI and the EGX100 EWI also closed the trading session lower by …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) closed Monday’s trading session with a negative performance after the EGX30 main index declined by 1.53% to 19,278.72 points. Both the EGX70 EWI and the EGX100 EWI ended the session down …

Cairo – Mubasher: The annual core inflation rate in Egypt hit 40.4% in August 2023 when compared to 40.7% in July this year, according to data computed by the Central Bank of Egypt (CBE). The CBE added that the monthly core consumer price index …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) showed positive performance on Sunday, with the EGX30 main index closing higher by 1.04% at 19,577.85 points. The small- and mid-cap EGX70 EWI went up by 0.55% to 3,831.98 points. In …

Cairo – Mubasher: Egypt’s net international reserves amounted to more than $34.92 billion at the end of August 2023, according to official data by the Central Bank of Egypt (CBE). This year’s August figures signalled an approximate surge of 5.39% …

UAE – Mubasher: The UAE Carbon Alliance intends to pledge an indicative intended purchase amounting to $450 million in African carbon credits by 2030. The targeted purchase is a result of a recent non-binding Letter of Intent between the UAE …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) ended Thursday’s trading session with a positive note after the EGX30 main index rose by 0.79% to 19,375.68 points. Both the EGX70 EWI and the EGX100 EWI closed the session up by 0.43% …

Cairo – Mubasher: Egypt’s headline seasonally adjusted Purchasing Managers’ Index (PMI) reached 49.2 in August 2023, remaining the joint-highest level in exactly two years. Non-oil companies witnessed modest drops in activity and new orders in the …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) ended Wednesday’s trading session with a varied performance after the EGX30 main index rose by 0.95% to 19,224.52 points. On the other hand, the EGX70 EWI and the EGX100 EWI closed the …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) ended Sunday’s trading session in the red zone after the EGX30 main index declined by 0.78% to 18,726.01 points. Both the EGX70 EWI and the EGX100 EWI closed the session lower by 0.45% …

  Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) ended Thursday’s trading session higher after the EGX30 main index rose by 0.30% to 18,873.82 points. Both the EGX70 EWI and the EGX100 EWI also increased by 0.44% to 3,829.51 points …