amwalalghad :: EGX

Your English Portal To Arab Economy

GMC GROUP FOR INDUSTRIAL COMME   1.29        Telecom Egypt   11.48        Ismailia Misr Poultry   2.45        El Arabia for Investment & Dev   0.34        Modern Company For Water Proof   1.03        Egyptian Real Estate Group   6.85        Pioneers Holding   2.84        Ezz Steel   7.86        Rakta Paper Manufacturing   4.39        Orascom Telecom Holding (OT)   3.92        Naeem Holding   0.19        Egyptian Iron & Steel   6.87        United Arab Shipping   0.43        Egyptians Housing Development    1.94        Universal For Paper and Packag   4.94        Northern Upper Egypt Developme   4.93        Canal Shipping Agencies   7.39        Misr Chemical Industries   5.65        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        Egyptian Chemical Industries (   7.26        National Real Estate Bank for    11.84        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        Palm Hills Development Company   1.61        Credit Agricole Egypt   9.04        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        Union National Bank - Egypt "    3.25        Ceramic & Porcelain   2.88        Rowad Tourism (Al Rowad)   5.05        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        Al Arafa Investment And Consul   0.17        Prime Holding   0.91        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 - 2016-09-07 17:22:05
Egyptian stock market ended lower on Wednesday on local selloff. Main index, EGX30 dropped 0.69 percent, to 8146.1 points, in the lowest daily volume for six weeks. Orascom Telecom (OTMT.CA), a stock favoured by local investors, declined 1.8 percent but Palm Hills Development (PHDC.CA), the most heavily traded share on the market, rose 0.4 percent. Other indices; EGX50 EWI index also traded lower 0.81 percent, to 1363.24 points; EGX20 tumbled 1.02 percent, to 8177.31 points. Mid- and small-cap index EGX70 dropped 0.16 percent, to 357.93 points. Price index, EGX100 went down 0.71 percent, to 813.43 points. More»
Amwal Al Ghad English - 2016-09-06 17:29:37
Egypt’s stock market traded lower on Monday driven by local and non-Arab investors’ selloff. In Egypt, the index fell 0.83 percent, to close at 8202.43 points, with nine of the 10 most heavily traded stocks declining. Other indices; EGX50 EWI index also sagged 0.92 percent, to 1374.44 points; EGX20 lost 1.29 percent, to 8261.26 points. Mid- and small-cap index EGX70 rose 0.26 percent, to 358.5 points. Price index, EGX100 went up 0.13 percent, to 819.25 points. More»
Gehad Abdel Ghany - 2016-09-06 13:39:10
Egyptian investment bank FEP Capital says talks were underway to make four new listings in the local stock market for small and medium-sized enterprises – NILEX. Omar El Maghawry, chief executive of FEP Capital, said on Monday that the three planned listings would be in food, health, and education sectors. The talks are part of FEP Capital’s strategy to boost IPO-under-management activities on NILEX in the coming period, El Maghawry added. FEP Capital is targeting running between three and four IPOs on NILEX annually, he said.FEP Capital, part of regional First Equity Partners (FEP), is a private Equity, investment banking, and consultancy company; it is the most recent investment bank working in Egypt.
Gehad Abdel Ghany - 2016-09-05 15:56:50
Egyptian Media Company, owned by tycoon Ahmed Abou Hashima, will raise at least one billion Egyptian pounds ($113 million) in an initial public offering in the first quarter of 2018, its lead advisor says. Egyptian investment bank FEP Capital signed on Sunday an agreement with Egyptian Media Company to restructure and sell the company's shares to the Egyptian stock exchange. Egyptian Media Company will be registered on the stock market as a holding company by 2017 and raise up to 1 billion Egyptian pounds in 2018 after the IPO, compared to 882 million Egyptian pounds it plans to raise from existing shareholders by the end of 2016, FEP Capital's Omar El Maghawry, said in a press conference on Monday. "The proposition value will not be less than one billion pounds," FEP Capital's Omar El Maghawry, told Reuters on Monday. On 15 May, Egyptian Media Company, owned by Abou Hashima, signed a contract to acquire tycoon Naguib Sawiris’ media outlets ONTV and ONLIVE. ONTV played an important role during and after the 25 January Revolution, as it hosted several political TV programmes. On 1 June, Abou Hashima finalised an agreement to purchases 51 percent of Presentation Sports, which holds the rights to broadcast the Egyptian league matches, at a cost of 185 million Egyptian pounds. On 6 June, Egyptian Media signed a contract to acquire 50 percent of the production company Egypt for Cinema, which is owned by producer and businessman Kamel Abu Ali. More»
Noha Gad - 2016-09-05 13:55:20
Egyptian stock market attained gains estimated at 1.17 billion Egyptian pounds (US$131.8 million) on Monday despite local and Arab sell off. The market capitalisation recorded 415.911 billion pounds during the closing session of Monday. More»
Amwal Al Ghad English - 2016-09-04 19:05:00
Egyptian bourse chief Mohamed Omran is heading to Singapore to attend UN's 2016 Sustainable Stock Exchanges Global Dialogue. The event will be held on 5-6 September. The 2016 SSE Global Dialogue aims to provide a platform for stock exchanges to meet with their peers and stakeholders to evaluate the impact of new global sustainable development and green-finance policy agendas on capital markets. Omran is participating in the event based on an invitation by UN's Sustainable Stock Exchanges (SSE) initiative, as he would share best practices on sustainability and capital markets. Held once every two years, the SSE flagship Global Dialogue is a unique global gathering designed to bring together market leaders to analyse, promote and foster communication on stock exchanges’ sustainability initiatives. Attracting speakers and audience members from around the world, the SSE Global Dialogue has become the main global platform for convening dialogue on sustainable capital markets. The 2016 Global Dialogue will build on the launch of the United Nations Sustainable Development Goals and the outcomes of the United Nations Paris Summit on Climate Change (COP21). These two agreements have led to a new Global Sustainable Development Agenda, which is further strengthened by the 2016 G20 China presidency Green Finance Study Group. More»
Amwal Al Ghad English - 2016-09-04 18:20:26
Egyptian stock market started week higher backed by foreign investors’ buying appetite. Main index, EGX30 climbed 1.29 percent, to 8241.16 points. Other indices; EGX50 EWI index also rose 0.71 percent, to 1383.61 points; EGX20 added 0.64 percent, to 8313.27 points. Mid- and small-cap index EGX70 were 0.02 percent higher, to 356.69 points. Price index, EGX100 inched up 1.68 percent, to 819.6 points. Market Cap Market capitalisation gained 2.6 billion Egyptian pounds ($292.7 million), to record 414.740 billion pounds during the closing session of Sunday. More»
Gehad Abdel Ghany - 2016-09-04 15:45:16
Egyptian Media Company, owned by business tycoon Ahmed Abou Hashima, has picked investment bank FEP Capital as the lead advisor for its planned initial public offering on local stock exchange. FEP Capital, part of regional First Equity Partners (FEP), is a private Equity, investment banking, and consultancy company; it is the most recent investment bank working in Egypt. The recently-formed Egyptian Media Company has signed the contracts on Sunday with in a ceremony at FEP Capital’s headquarters attended by Abou Hashima, Omar El Maghawry, CEO of FEB Capital, Abdullah Shahin, Chairman of FEP Capital and other leaderships in the two firms. “Being one of the most powerful investment bankers in the Egyptian market currently, the choice of FEP capital was based on its firm position and our confidence in their expertise. The Egyptian Media Group aims to become regionally and internationally stronger,” said Abou Hashima. Shahin said putting Egyptian Media Group up for an IPO on the stock market would have a major positive impact and move the stagnant water in the Egyptian stock market. The agreement includes a financial restructuring process of Egyptian Media Group and all its affiliates to integrate activities in different companies and financial savings, in preparation for an IPO on Egypt’s stock exchange (EGX), Omar El Maghawry said. He added that there is a plan for the group’s financial future, which would include setting up and rehabilitating any future expansions whether by pumping new investments, or acquisition of other entities. The plan will also involve examining all market and competitive opportunities that will complement the group’s activities, El Maghawry said. On 15 May, Egyptian Media Company, owned by Abou Hashima, signed a contract to acquire tycoon Naguib Sawiris’ media outlets ONTV and ONLIVE. ONTV played an important role during and after the 25 January Revolution, as it hosted several political TV programmes. On 1 June, Abou Hashima finalised an agreement to purchases 51 percent of Presentation Sports, which holds the rights to broadcast the Egyptian league matches, at a cost of 185 million Egyptian pounds. On 6 June, Egyptian Media signed a contract to acquire 50 percent of the production company Egypt for Cinema, which is owned by producer and businessman Kamel Abu Ali. Egyptian Media said it is looking to restore Egypt’s role as the leader in the media, television industry, and drama series production. More»
Amwal Al Ghad English - 2016-09-03 17:01:13
Egypt’s main stock index, EGX30 rose 0.06 percent in a week witnessed unsteady performance. Market Capitalisation: Egypt's stock market incurred weekly mild losses worth 97 million Egyptian pounds ($11 million), closing at 412.159 billion pounds during the closing session of Thursday versus 412.256 billion pounds at the end of a week earlier. More»
Amwal Al Ghad English - 2016-09-01 15:08:46
Egyptian stock market edged down on Thursday, trimming some of Wednesday’s gains. Main index, EGX30 fell 0.26 percent, to 8136.44 points as 70 percent of traded shares retreated. Telecom Egypt, which rose 2.7 percent on Wednesday after announcing it had acquired the country's first 4G mobile licence, shed 1.0 percent to 10.00 Egyptian pounds. Other indices; EGX50 EWI index dropped 0.47 percent, to 1373.82 points; EGX20 rose 0.04 percent, to 8260.32 points. Mid- and small-cap index EGX70 were lower 0.24 percent, to 356.62 points. Price index, EGX100 sagged 0.17 percent, to 806.08 points. More»