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Czech Export Bank allocates $300m for investments in Egypt
The Czech Minister of Foreign Affairs, Jakub Kulhánek, announced that financial institutions and banks in the Czech Republic have started helping companies to inject new investments into the Egyptian…
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DirectFN signs contract for African Exchanges Linkage Project
The African Securities Exchanges Association (ASEA) has signed a contract with DirectFN to procure an order-routing system, in support of cross-border trading between African markets.
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Crédit Agricole Egypt wins 4 international awards
Two major international publications, the Global Business Outlook and Global Banking and Finance Review have recently recognized Crédit Agricole Egypt as a winner of four prestigious awards, namely,…
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EGX introduces new methodology for calculating closing prices of shares
Egypt’s stock Exchange (EGX) announced in a statement on Sunday that it would lift the limit on intraday share price moves to 20 percent starting from September,
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Egypt’s top 10 exports accounted for 62.6% of overall value of its global shipments
The following export product groups represent the highest dollar value in Egyptian global shipments during 2020 which accounted for 62.6% of overall value of its global shipments. according to world's…
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Egypt’s manufacturing index down 5.8% in May – CAPMAS
Egypt’s index of manufacturing and extractive industries, excluding crude oil and petroleum products, fell by 5.85% month-on-month (MoM) to 102.72 (initial) in May from 109.10 (final) in April,…
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Egypt’s local liquidity hits all-time high at EGP 3.26trn in June
Egypt’s local liquidity continued its upward trend, advancing by EGP 103 billion or 1.9% month-on-month (MoM) to EGP 5.36 trillion in June, hitting its highest level ever recorded, compared to EGP…
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Financial Brokerage Group keeps top spot in Jult with 30% market share
The Financial Brokerage Group continues to occupy first place among Egypt’s brokerage companies in July, with a turnover of EGP 22.6 billion, making up 30.2% of the total traded value, through the…
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Main EGX index records 0.9% weekly gains
The main Egyptian Exchange (EGX) index, the EGX 30, closed at 10,742.23 points recording weekly gains of 0.9% at the end of trading last week, to record the 10,860 to 10,935 points range as a key…
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Arab Bank Group first half 2021 net profits grow by 20%
Arab Bank Group reported net income after tax of $182.4 million as compared to $152.1 million for the same period last year, recording a growth of 20%.
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