Latest in Tag: EGX Highlight

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Latest in Tag: EGX


A general view of the Egyptian Exchange (EGX) in Cairo August 18, 2013. Egypt's stock market fell sharply on Sunday as it resumed trading after hundreds of people were killed in a crackdown by the army-backed government on supporters of the Muslim Brotherhood. Banks and the stock market reopened for the first time since Wednesday's carnage, with shares rapidly falling 2.5 percent.

Redcon mulls listing 30% stake on EGX with appropriate market conditions

Tarek El-Gammal, Chairperson of Redcon Development, revealed that the company is preparing to offer the company on the Egyptian Exchange during the coming period to finance its future expansions, provided that the final timing of the offering will be determined according to an assessment of market conditions, especially with the expected repercussions of the fourth …

Alyaa Stohy

Egypt’s United Media Services reveals board reshuffle, plansEGX debut by 2024

Egypt’s United Media Services (UMS) has revealed its new Board of Directors, with Hassan Abdallah appointed as the group’s Chairperson.  The company’s board members include Ashraf Salman, Tamer Morsi, Mohamed Saadi, Amr El Fekky, and Mohamed Samir.  The company also revealed its plan to launch a new regional news station using the latest technologies in the first quarter (Q1) of 2022, the company revealed …

Mohamed Samir