amwalalghad :: EGX

Your English Portal To Arab Economy

Telecom Egypt   11.48        GMC GROUP FOR INDUSTRIAL COMME   1.29        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Ismailia Misr Poultry   2.45        Pioneers Holding   2.84        Ezz Steel   7.86        Egyptian Real Estate Group   6.85        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Egyptian for Tourism Resorts   0.69        Modern Shorouk Printing & Pack   7        Upper Egypt Contracting   0.8        Egyptian Financial Group-Herme   7.42        Orascom Construction Industrie   240.82        Heliopolis Housing   21.65        Raya Holding For Technology An   4.57        United Housing & Development   8.93        International Agricultural Pro   2.1        Gulf Canadian Real Estate Inve   18.08        Alexandria Pharmaceuticals   45.71        Arab Cotton Ginning   2.46        National Real Estate Bank for    11.84        Egyptian Chemical Industries (   7.26        Six of October Development & I   15.03        National Development Bank   6.72        Oriental Weavers   20.66        Arab Gathering Investment   16.29        Egyptians Abroad for Investmen   2.75        Credit Agricole Egypt   9.04        Palm Hills Development Company   1.61        Remco for Touristic Villages C   2.13        Commercial International Bank    29.87        El Ezz Porcelain (Gemma)   1.9        Egyptian Starch & Glucose   5.4        Arab Real Estate Investment (A   0.41        South Valley Cement   3.12        Citadel Capital - Common Share   2.5        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        Union National Bank - Egypt "    3.25        El Nasr Transformers (El Maco)   4.78        Egyptian Media Production City   2.31        GB AUTO   27        Sharkia National Food   3.78        Egyptian Transport (EGYTRANS)   7.85        El Kahera Housing   4.97        El Shams Housing & Urbanizatio   2.45        Egyptian Kuwaiti Holding   0.7        ARAB POLVARA SPINNING & WEAVIN   2.11        Cairo Poultry   8.32        Egyptian Financial & Industria   8        T M G Holding   4.03        Asek Company for Mining - Asco   10.66        Misr Hotels   27        Egyptian Electrical Cables   0.56        Medinet Nasr Housing   22.51        Mena Touristic & Real Estate I   1.21        ELSWEDY CABLES   18        Prime Holding   0.91        Al Arafa Investment And Consul   0.17        Alexandria Spinning & Weaving    0.74        Gharbia Islamic Housing Develo   8.41        General Company For Land Recla   16.6        Alexandria Cement   8.9        Arab Valves Company   0.94        Sidi Kerir Petrochemicals   12.4        TransOceans Tours   0.09        Egyptian for Developing Buildi   6.43        Egyptian Gulf Bank   1.24        Kafr El Zayat Pesticides   18.19        Faisal Islamic Bank of Egypt -   35.1        National company for maize pro   11.86        Delta Construction & Rebuildin   4.03        Zahraa Maadi Investment & Deve   48.25        Samad Misr -EGYFERT   3.52        Egypt for Poultry   1.41        Cairo Development and Investme   11.7        Cairo Pharmaceuticals   20.1        Maridive & oil services   0.9        Suez Canal Bank   3.75        Nile Pharmaceuticals   15.81        The Arab Dairy Products Co. AR   73.85        National Housing for Professio   14.39        El Ahli Investment and Develop   4.87        Egyptian Saudi Finance Bank   10.79        Ismailia National Food Industr   5.16        National Societe Generale Bank   25.52        Acrow Misr   19.16        Alexandria Mineral Oils Compan   63.63        Paper Middle East (Simo)   5.59        Egypt Aluminum   12.31        Giza General Contracting   13.12        Middle Egypt Flour Mills   5.82        Extracted Oils   0.6        Assiut Islamic Trading   4.56        Engineering Industries (ICON)   3.95        North Cairo Mills   15.3        Arab Pharmaceuticals   11.88        Grand Capital   5.38        El Ahram Co. For Printing And    10.68        Minapharm Pharmaceuticals   25.49        El Arabia Engineering Industri   13.52        El Nasr For Manufacturing Agri   9.71        Naeem portfolio and fund Manag   1.7        Faisal Islamic Bank of Egypt -   6.76        Natural Gas & Mining Project (   68.26        Housing & Development Bank   13.95        East Delta Flour Mills   31.5        Orascom Development Holding (A   3.22        Memphis Pharmaceuticals   11.12        Abou Kir Fertilizers   134.23        Delta Insurance   5        Cairo Investment & Real Estate   12.18        Cairo Oils & Soap   12.98        Egyptian Arabian (cmar) Securi   0.36        Egyptian Real Estate Group Bea   15.56        Alexandria Containers and good   85.51        Upper Egypt Flour Mills   45.78        Development & Engineering Cons   9.94        Sinai Cement   15.18        Medical Union Pharmaceuticals   28.01        Torah Cement   24.2        Alexandria New Medical Center   46.55        Export Development Bank of Egy   5.04        Egyptian Company for Mobile Se   92.02        Middle & West Delta Flour Mill   32.7        El Kahera El Watania Investmen   4.18        Mansourah Poultry   12.41        Delta Sugar   11.04        Misr Beni Suef Cement   41.21        Egyptian Satellites (NileSat)   6.14        Cairo Educational Services   17.75        Lecico Egypt   7.55        Sharm Dreams Co. for Tourism I   5.3        General Silos & Storage   10.77        Al Moasher for Programming and   0.66        UTOPIA   5.28        Arab Ceramics (Aracemco)   25.4        Barbary Investment Group ( BIG   0.98        


Money Markets - EGX

Yomna Yasser - 2016-08-15 15:05:04
Egypt’s stock market traded higher on Monday after the country agreed a three-year, $12 billion loan agreement with the International Monetary Fund. Main index, EGX30 also surged 1.04 percent, to 8377.71 points. Egypt’s stock market climbed to a multi-month high on Monday. Main index, EGX30 surged 1.23 percent, to a 14-month closing high of 8453.53 points. The market's index has advanced 2.0 percent since Egypt announced on Thursday that it had reached preliminary agreement on a three-year, $12 billion loan from the International Monetary Fund (IMF). Upon the IMF loan programme, the Egyptian government’s fiscal policy would be anchored to placing public debt on a clearly declining path toward more sustainable levels. Over the IMF programme period, Egypt’s general government debt is expected to decline from about 98 percent in 15/16 to about 88 percent of GDP in the financial year 2018/19. “the Egyptian government, the Central Bank of Egypt (CBE) and the IMF team have reached a staff-level agreement on a three-year Extended Fund Facility (EFF) in the amount of SDR 8.5966 billion (422 percent of quota or about US$12 billion).” Chris Jarvis, Head of IMF Mission to Egypt, said in a statement. More»
Amwal Al Ghad English - 2016-08-14 14:02:05
Cairo bourse started the week with modest losses estimated at 198 million Egyptian pounds on Arab selling pressures. The market capitalisation reached 418.442 billion pounds during the closing session of Sunday. More»
Amwal Al Ghad English - 2016-08-13 10:28:01
Egyptian global depository receipts (GDRs) trading on the London Stock Exchange close Friday trade mostly flat. The GDRs of the Commercial International Bank Egypt (CBKD) solely surged by 0.81 percent, to close at US$4.00. On the contrary, GDRs of Orascom Telecom Media and Technology Holding S.A.E. (OTMT), the investment bank EFG-Hermes Holding S.A.E. (EFGD), and Egyptian food-maker Edita Food Industries (EFID) concluded trading with no changes in values at US$0.40, US$2.10, and US$5.94 respectively. More»
Yomna Yasser - 2016-08-11 15:17:04
Egypt’s stock market traded higher on Thursday after the country agreed a three-year, $12 billion loan agreement with the International Monetary Fund. Main index, EGX30 also surged 1.04 percent, to 8377.71 points.The International Monetary Fund said earlier it has reached a deal to assist Egypt with a three-year loan programme worth about $12 billion tied to economic reforms.IMF added that upon the loan programme, the Egyptian government’s fiscal policy would be anchored to placing public debt on a clearly declining path toward more sustainable levels. Over the IMF programme period, Egypt’s general government debt is expected to decline from about 98 percent in 15/16 to about 88 percent of GDP in the financial year 2018/19.“the Egyptian government, the Central Bank of Egypt (CBE) and the IMF team have reached a staff-level agreement on a three-year Extended Fund Facility (EFF) in the amount of SDR 8.5966 billion (422 percent of quota or about US$12 billion).” Chris Jarvis, Head of IMF Mission to Egypt, said in a statement. Other indices; EGX50 EWI index fell 0.50 percent, to 1421.08 points; EGX20 added 0.21 percent, to 8532.51 points. Mid- and small-cap index EGX70 rose 0.34 percent, to 363.39 points. Price index, EGX100 went up 0.46 percent, to 806.66 points. More»
Yomna Yasser - 2016-08-10 15:43:25
Stocks in Egypt climbed fresh multi-month highs on Wednesday backed by local and Arab investors’ buying appetite. Main index, EGX30 edged up 1.12 percent, to 8291.51 points, a 13-month closing high. Other indices; EGX50 EWI index gained 0.99 percent, to 1428.23 points; EGX20 rose 1.07 percent, to 8514.43 points. Mid- and small-cap index EGX70 added 0.35 percent, to 362.16 points. Price index, EGX100 picked up 0.43 percent, to 802.97 points. More»
Noha Gad - 2016-08-09 14:37:13
Egyptian stock market dropped by 0.89 percent on Tuesday, incurring losses estimated at 2.1 billion Egyptian pounds (US$236.5 million). The market caplitalisation recorded 416.933 billion pounds during the closing session of Tuesday. More»
Amwal Al Ghad English - 2016-08-08 13:59:18
Egypt’s stock market rose Monday as local and non-Arab foreign investors buy. Main index, EGX30 edged up 0.60 percent, to 8273.14 points. Other indices; EGX50 EWI index added 0.53 percent, to 1415.41 points; EGX20 went up 0.58 percent, to 8527.63 points. Mid- and small-cap index EGX70 increased 0.28 percent, to 362.65 points. Price index, EGX100 inched higher 1.02 percent, to 803.5 points. More»
Islam Salah & Gehad Abdel Ghany - 2016-08-07 16:16:16
Egypt’s Pioneers Holding plans an initial public offering of real estate developer Rooya Group within this year, its deputy chief executive told Amwal Al Ghad in an interview Sunday. Rooya has a real estate portfolio of about 9 million square metres, with 6 million of that currently under development. The planned IPO aims to finance Rooya’s future expansions in future projects in the country, Pioneers' deputy chief executive Yasser Zaki. Earlier, Pioneers’ chief executive Waleed Zaki said in an interview with Reuters in 2015: "We cannot specify the size right now, but it will be a large public offering and will certainly exceed one billion (Egyptian) pounds," Pioneers specialises in market research and brokerage services but also has investment arms in real estate, industry and financial services. Pioneers currently runs two funds;  Al-Raed, an equity fund with a capital of 50 million Egyptian pounds ($5.6 million), and a real estate direct investment fund of a capital of 126 million pounds ($14.2 million).Pioneers acquired 60 percent of Rooya's shares in March 2015 for 1.2 billion pounds. More»
Amwal Al Ghad English - 2016-08-07 13:59:27
Egypt’s stock market traded lower on Sunday weighed by non-Arab foreign investors’ selling pressures. Main index, EGX30 tumbled 0.39 percent, to 8223.46 points. Other indices; EGX50 EWI index rose 0.09 percent, to 1407.93 points; EGX20 fell 0.66 percent, to 8478.49 points. Mid- and small-cap index EGX70 added 0.33 percent, to 361.64 points. Price index, EGX100 increased 0.11 percent, to 795.35 points. More»
Amwal Al Ghad English - 2016-08-07 08:44:36
The Ministry of Investment, in cooperation with the National Investment Bank-affiliated NI Capital Consulting, is examining a list of 17 or 18 state-owned companies before they are offered to the public and listed on the Egyptian Exchange (EGX), according to a government source. The list covers the petroleum, electricity and petrochemical sectors. NI Capital is the general coordinator of the state programme to list shares in state-owned companies and banks on the stock market. The official said that the programme of listing state-owned companies on the stock market comes as part of the current economic reform programme. The International Monetary Fund (IMF) mission, which is currently visiting Egypt, will review the programme to discuss the possibility of facilitating a $12bn load to Egypt. Egypt initiated negotiations with the IMF a few weeks ago to obtain the loan, which would span three years. More»