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Egyptian Exchange

Electra to acquire 20% of Elsewedy Electric in $450M deal

This follows Electra's reported purchases of Elsewedy Electric shares since early June, after receiving regulatory approval to proceed with their offer.

Egyptian stock market launches inaugural Sharia-compliant index

The newly-launched EGX33 index, consisting of 33 selected companies from various sectors listed on the EGX, adheres to a methodology approved by the Shariah Supervisory Committee

ACT Financial to go public on EGX in Q2

Act Financial intends to use 100% of the IPO proceeds to increase the company’s capital without any exit from existing shareholders

FRA to potentially establish hedge funds on EGX

Farid said that these amendments aim to diversify investment tools, enhance competitiveness, and make the Egyptian market more attractive to investors

Egyptian Exchange Sees Collective Surge in Post-Holiday Trading Session

Egyptian Exchange posts gains post-Eid holiday, Citadel Capital in debt settlement deal.