News Analysis

Riyadh – Mubasher: Issam Abu Sulaiman, Regional Director for the GCC countries at the World Bank, stated that transactions worth more than $2.70 billion are being traded on a daily basis through mobile applications. Abu Sulaiman highlighted that …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) closed Monday’s trading session with a mixed performance. The EGX30 main index increased by 1.77% to 14,327.77 points. Likewise, the EGX50 EWI added 0.60% to close at 2,423.13 points. On …

Riyadh – Mubasher: The World Fintech Show has launched today, 5 December, in Saudi Arabia’s capital Riyadh at InterContinental Riyadh.   The event aims to connect the world’s fintech innovators with enterprises, investors, policymakers, startups, …

Cairo – Mubasher: The EGX30 main index of the Egyptian Exchange (EGX) closed Sunday’s trading session in the green zone, growing by 3.22% to stand at 14,078.53 points. The EGX50 EWI also gained 3.40% to settle at 2,408.73 points. Moreover, the …

Cairo – Mubasher: Trade exchange between Egypt and Jordan increased by 2.70% year-on-year (YoY) during the first eight months (8M) of 2022 to $646.10 million, compared to $629.10 million. Egypt’s exports to Jordan amounted to $481.60 million …

Cairo – Mubasher: The EGX30 main index of the Egyptian Exchange (EGX) closed Thursday higher by 2.87% to 13,639.73 points. The EGX50 EWI grew by 2.08% to 2,329.43 points. Moreover, the small- and mid-cap EGX70 EWI as well as EGX100 EWI increased …

Cairo – Mubasher: The EGX30 main index of the Egyptian Exchange (EGX) closed Wednesday higher by 0.57% at 13,259.26 points. The EGX50 EWI went up by 0.18% to 2,282 points. The small- and mid-cap EGX70 EWI as well as EGX100 EWI also closed higher …

Cairo – Mubasher: Egypt’s production index for transformative and extractive industries, excluding crude oil and petroleum products, recorded 115.58 during September 2022, according to data from the Central Agency for Public Mobilization and …

Cairo – Mubasher: The indexes of the Egyptian Exchange (EGX) ended Tuesday’s trading session in the green zone, with the EGX30 main index surging by 2.07% to 13,184.26 points. Likewise, the EGX50 EWI rose by 1.56% to 2,277.84 points. The small- …

Cairo - Mubasher: Egyptian Financial Group Hermes Holding’s (EFG Hermes) investment banking division closed advisory as joint arranger and global coordinator on Taaleem Holdings’ initial public offering (IPO) at $240 million. The UAE-based firm …

Cairo – Mubasher: The indexes of the Egyptian Exchange (EGX) ended Sunday’s trading session on a positive note, with the EGX30 main index rising by 1.80% to 13,009.48 points. Likewise, the EGX50 EWI increased by 1.84% to 2,251.55 points. The …

Cairo – Mubasher: The indexes of the Egyptian Exchange (EGX) ended Thursday’s trading session on a positive note, with the EGX30 main index growing by 1.42% to 12,779.44 points. Likewise, the EGX50 EWI went up by 1% to 2,210.94 points. The small- …

Cairo – Mubasher: Shareholder Ayman Ibrahim Abdel Moneim El-Nahhas has reduced his stake in the Egyptian Company for Construction Development (Lift Slab Misr) to 6.05% from 7.12% for a total value of EGP 2.04 million. El-Nahhas sold 6 million …

Cairo – Mubasher: The indexes of the Egyptian Exchange (EGX) ended Wednesday’s trading session on a varied note, with the EGX30 main index down 0.18% to 12,600.09 points. On the other hand, the EGX50 EWI went up by 0.55% to 2,189.01 points. The …

Dubai - Mubasher: Dubai Financial Market (DFM) has launched its new general index culminating the successful accomplishment of a comprehensive transformation of its indices’ methodology. The developed indices provide various market participants …

Cairo – Mubasher: Egypt’s exports of agricultural crops totalled $123.52 million during the first eight months (8M) of 2022, Akhbar El-Yom cited a report from the Central Agency for Public Mobilization and Statistics (CAPMAS).  In the January …

Cairo – Mubasher: The trade exchange value between Egypt and the African Union (AU) member countries hiked by 38.20% year-on-year (YoY) in 2021. Egypt exported goods to the AU states at a value of $5.48 billion in 2021, an annual leap of 37.70% …

Cairo – Mubasher: The EGX30 main index of the Egyptian Exchange (EGX) closed Thursday’s session in the green zone after increasing by 1.41% to 12,515.71 points. The EGX50 EWI rose by 0.55% to 2,185.74 points. Likewise, the small- and mid-cap EGX70 …

Cairo – Mubasher: The indexes of the Egyptian Exchange (EGX) closed Wednesday’s trading session on a positive note, with the EGX30 main index up 1.68% to 12,341.20 points. The EGX50 EWI also rose by 1.97% to 2,173.80 points. Furthermore, the …

Cairo – Mubasher: The EGX30 main index of the Egyptian Exchange (EGX) closed Tuesday higher by 0.01% at 12,137 points. The EGX50 EWI went up by 0.02% to 2,131.89 points. The small- and mid-cap EGX70 EWI as well as EGX100 EWI also closed higher by …

Cairo – Mubasher: The EGX30 main index of the Egyptian Exchange (EGX) closed Monday’s trading session higher by 1.30% at 12,136.37 points. The EGX50 EWI rose by 0.33% to 2,131.50 points. The small- and mid-cap EGX70 EWI as well as EGX100 EWI also …

Cairo – Mubasher: The indices of the Egyptian Exchange (EGX) ended Sunday’s trading session on a positive note, with the EGX30 main index growing by 1.91% to 11,980.62 points. Meanwhile, the EGX50 EWI rose by 1.51% to 2,124.59 points. The small- …

Abu Dhabi – Mubasher: The derivatives market of the Abu Dhabi Securities Exchange (ADX) has recorded AED 1 billion in traded value during the first year of its launch. More than 1 million contracts were traded with over 100% above peers in the …