Egypt’s state-owned Egyptian National Railways (ENR) has chosen eight subsidiaries to sell their shares on the stock …
Hatem Asker
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EGXEgypt NewsFeatureNewsStocks
Egypt’s stock exchange hopes to launch derivatives market by mid-year: chairman
Egypt’s stock exchange (EGX), the Middle East’s best performer last year, plans to launch a derivatives market …
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Egypt NewsFeatureIndustry & TradeMENA NewsNewsTech/AI
Egypt’s GB Auto board approves unit stake sale talks with UAE’s Chimera
by Hatem Askerby Hatem AskerEgyptian car assembler and distributor Ghabbour Auto (GB Auto) said on Wednesday that its board approved to …
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EGXFeatureIndustry & TradeStocksTech newsTech/AI
Telecom Egypt shares jump on reports of Qatari fund offer to buy Vodafone Egypt stake
by Hatem Askerby Hatem AskerShares of state-run Telecom Egypt (TE) jump more than 9 percent in early trading on Monday following …
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FeatureFinancial InstitutionsIndustry & TradeMoneyTech/AI
Al Ahly, EgyptAir to launch insurance money market fund in Q4
by Hatem Askerby Hatem AskerEgypt’s Al Ahly Financial Investments Management (AFIM) is joining forces with EgyptAir Holding to launch an insurance …
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FeatureIndustry & TradeTech/AI
Egypt’s Abu Qir Fertilizers net profit jumps 157.8% in FY2021/22
by Hatem Askerby Hatem AskerEgypt’s state-run Abu Qir Fertilizers and Chemicals Industries reported on Thursday a 157.8 percent year-on-year growth in …
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ArabEGXFeatureIndustry & TradeStocksTech newsTech/AI
Swvl postpones dual listing in Egypt, Saudi Arabia
by Hatem Askerby Hatem AskerSwvl Holdings Corp., the Cairo-born, Dubai-based mass transit and shared mobility services provider, will have to postpone …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Saudi Arabia’s Sary acquires Egypt’s B2B platform Mowarrid
by Hatem Askerby Hatem AskerSaudi Arabia-based B2B e-commerce platform Sary has acquired Egyptian B2B marketplace Mowarrid for an undisclosed amount, the …