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Egypt plans to issue international sovereign sukuk in 2019-2020 -minister

Wednesday 17/10/2018 12:04

(Reuters) - Egypt plans to issue its first international sovereign sukuk, or Islamic bonds, in the 2019-2020 financial year, Finance Minister Mohamed ...
Tharwa Capital falls 15 pct on market debut

Tuesday 16/10/2018 10:22

Reuters: Shares in Egypt’s Tharwa Capital (IPO-SARW.CA) fell 15.1 percent on their first day of trading on the Egyptian stock exchange, bourse d...
Sodic to boost capital by 90% to acquire Madinet Nasr Housing

Monday 15/10/2018 14:01

By Ahmed Aly and Mostafa Talaat: Sixth of October Development & Investment Company (Sodic) will raise capital by 89.4% through issuing 306 new sha...
Cairo looks to tap Asian debt markets under debt restructuring

Saturday 13/10/2018 10:26

Reuters: Egypt is considering issuing bonds in currencies other than the euro and the U.S. dollar after launching a roadshow in Asia, Finance Ministe...
Heavy sell-offs led by foreigners dominated Thursday's trades

Thursday 11/10/2018 20:33

By Ragab Ezz El-Deen  The Egyptian Stock Exchange ended Thursday's trades on a down note amid heavy sell-offs led by foreigners.  EGX30 fel...
Tharwa Capital develops new financial products

Wednesday 10/10/2018 13:02

Al Mal: Tharwa Capital is poised to launch several new financial products as part of an expansion plan. The products include issuing covered bonds in ...
Hassan Allam valued at EGP 9bn

Tuesday 09/10/2018 13:20

By Sherif Omar: Grant Thornton LLP, member of Grant Thornton International Ltd, has completed evaluating Hassan Allam Holding Company in preparation f...
EGX sinks to 12-month low as margin calls weigh

Tuesday 09/10/2018 11:15

Reuters: Egypt’s blue-chip stock index plunged 3.6 percent on Monday to its lowest level in 12 months, dragged down by weakness in emerging mark...
Egypt kicks off pan-Asian bond roadshow in South Korea: finance ministry

Monday 08/10/2018 14:04

(Reuters) - Egypt launched a pan-Asian roadshow to promote its international bonds in South Korea on Sunday, part of a bid to bring down rising yields...
Arabs bought, foreigners sold stocks at EGX' last week

Saturday 06/10/2018 20:33

By Mostafa Talaat Arab investors executed heavy purchases during last week's trades at the Egyptian Stock Exchange whereas foreigners inclined to sell...