Egypt identifies 61,000 companies eligible for bourse listing as investment authority, EGX deepen cooperation
Some 61,000 joint-stock companies in Egypt are eligible to benefit from the advantages of listing on the Egyptian Exchange (EGX), representing a promising opportunity to deepen the capital market and expand the base of listed companies, Mohamed Awad, Chief Executive
EGX to launch futures contracts on CIB, TMG shares from 18 June
The Egyptian Exchange (EGX) announced on Monday the launch of futures contracts on the shares of Commercial International Bank (CIB) and Talaat Moustafa Group Holding (TMG), with trading set to begin on 18 June. The new contracts will be available
PIF, Talaat Moustafa Group Saudi sign MoU to explore mixed-use developments across Saudi Arabia
Saudi Arabia’s Public Investment Fund (PIF) and Talaat Moustafa Group Saudi for Real Estate Development (TMG Saudi) have signed a Memorandum of Understanding (MoU) to explore collaboration opportunities in mixed-use real estate projects across the Kingdom, marking a significant step
Sharif El Akhdar Appointed Chairman of Rameda Following LVP Pharma Investment
Tenth of Ramadan for Pharmaceutical Industries and Diagnostic Reagents (Rameda), one of Egypt’s leading pharmaceutical manufacturers, has announced the appointment of Sharif Ahmed El Akhdar as non-executive Chairman of its Board of Directors, representing LVP Pharma. LVP Pharma, the investment
EGX chairman says petroleum firms to list soon, urges family businesses to join market
Omar Radwan, Chairman of the Egyptian Exchange (EGX), said Egypt’s capital market is entering a new phase of growth and expansion, supported by the government’s IPO programme, an increase in listed companies, wider market tools, and digital transformation. Speaking during
Asian suppliers seen as next winners from AI fundraising wave
Investors are increasingly looking to Asia’s technology supply chain as a major beneficiary of a new wave of expected stock offerings by SpaceX, OpenAI, and Anthropic, betting that fresh capital raised in the US will fuel another round of artificial
EGX listing aims to broaden investor base beyond fundraising: Korra Energi CEO
Korra Energi adopted an accelerated timetable for its debut on the Egyptian Exchange (EGX), moving quickly between regulatory approval of its prospectus and a mid-week investor roadshow as part of a strategy to complete both the private placement and public
Edita doubles net profit in Q1 2026 as revenues climb 35%
Edita Food Industries has reported a strong start to 2026, posting significant growth in revenues and profitability during the first quarter, supported by rising demand, strong volume growth, and improved operational efficiency. The company announced that consolidated revenues rose by
Government confirms plans to list four military-owned companies on Egyptian Exchange
The government confirmed its commitment to list several Armed Forces-affiliated companies on the Egyptian Exchange (EGX), including National Company for the Sale and Distribution of Petroleum Products (Wataniya), Silo Foods, ChillOut, and the National Company for Road Construction, Development and
Talaat Moustafa Group Q1 2026 Net Profit Rises 24% to EGP 5.5bn
Talaat Moustafa Group reported strong financial results for the first quarter of 2026, posting a 24% year-on-year increase in net profit to EGP 5.5bn, reflecting the group’s continued operational momentum across its core business segments. The group’s revenues rose 39%