CBE to Support Stock Market with EGP 20 bn: Sisi

• Sunday, 22nd March 2020
• by Invest Gate

President Abdel-Fattah El-Sisi said on March 22 the Central Bank of Egypt (CBE) will allocate EGP 20 billion to support the stock Exchange during the economic slowdown caused by the coronavirus pandemic

SODIC Intends to Acquire At Least 51% of MNHD

• Tuesday, 16th October 2018
• by Invest Gate

Sixth of October for Development and Investment (SODIC) announced its preliminary intentions to submit a mandatory tender offer to acquire at least 51% stake in Egypt’s urban developer Madinet Nasr Housing and Dev ...

Arabia Group to List Shares on EGX by end of 2018

• Monday, 19th March 2018
• by Invest Gate

Arabia Group for Real Estate Investment, a holding company of 10 companies, is planning to list 20-30% of its shares on the Egyptian Stock Exchange (EGX) by the end of 2018 to raise its capital to finance the comp ...

Egypt’s Stock Exchange to Reduce Trading Halt Time

• Monday, 11th September 2017
• by Invest Gate

Egypt's financial regulator has approved the stock exchange's decision to reduce trading halt times to 15 minutes, down from 30 minutes, as of Tuesday's session, the exchange said on Monday, in an effort to boost mar ...

EGX Increase Expected in 2017

• Tuesday, 7th February 2017
• by Farah Montasser

The Egyptian Stock Exchange (EGX) targets 20,000 points level by the end of 2017 amid the current economic conditions, achieving 60% increase compared to its closing level by the end of 2016