T
EGX Rebounds as Foreign Buying Reinforces Confidence in Egyptian Assets

Financial Shares Lead Recovery as Overseas Investors Return Amid Improving Liquidity Outlook Cairo — Egyptian equities rebounded on Tuesday as foreign and Arab investors returned to the market, reversing part of the previous session’s losses and reinforcing signs of improving confidence in Egyptian assets despite ongoing global uncertainty and regional geopolitical tensions. The recovery followed…

Read more →
T
EGX Opens Week Lower as Investors Digest Recent Rally

Cairo — Egyptian stocks (EGX) opened the week lower on Sunday as investors locked in profits following recent gains, while foreign, Arab and local investors all turned net sellers despite continued strength in trading volumes and improving sentiment toward Egypt’s broader economic outlook. The decline follows several sessions during which Egyptian assets benefited from renewed […]

The post EGX…

T
Gulf Bourses Lose $24bn in May Despite Higher Oil Prices

Gulf stock markets lost an estimated $24 billion in market value during May, reducing the combined capitalization of regional exchanges to approximately $4.08 trillion, according to a CNBC Arabia survey. While the decline represents only about 0.6% of total Gulf market capitalization, it reflects persistent investor caution amid regional geopolitical tensions, uncertainty surrounding the Strait…

Read more →
T
Foreign Buying Persists Despite Tax and Classification Uncertainty

Cairo — Overseas investors continued to accumulate Egyptian equities on Wednesday despite ongoing debate over proposed tax reforms and the review of Egypt’s market classification by S&P Dow Jones Indices, suggesting market participants remain broadly constructive on the country’s medium-term investment outlook. The resilience comes as Egypt’s macroeconomic backdrop shows signs of improvement,…

Read more →
Page 1