Monday, August 31, 2026

Market Updates & Finance

A New Saudi-Syrian Bank Plan Aims to Unlock Reconstruction Capital

Syria and Saudi Arabia have agreed to establish a joint bank as Damascus seeks to rebuild the financial channels...

EGX Ends Week Higher as Smaller Stocks Rebound

Egyptian stocks ended the shortened week higher as smaller shares rebounded on Wednesday, easing concerns over narrowing market breadth...

Trade.xyz Hits $500bn as War Accelerates 24/7 Markets

Blockchain derivatives platform Trade.xyz has generated about $500 billion in trading volume less than a year after launch, as...

Egypt’s IPO Test: From Temporary Listings to Real Liquidity

Egypt has put 20 state-owned companies on the Egyptian Exchange as part of its latest privatization drive. But they...

EGX30 Edges Higher as Smaller Stocks Extend Sell-Off

Egyptian blue-chip stocks edged higher on Tuesday, while smaller shares fell sharply for a second session and foreign investors...

EGX30 Holds Near Records as Broader Market Loses Momentum

Egyptian stocks slipped on Monday, with the EGX30 holding close to record territory even as smaller shares fell more...

Shein Heads for Hong Kong IPO at a Quarter of Its Peak Valuation

Fast-fashion group targets September debut as slowing growth, squeezed margins and rising trade costs drive a sharp reset in...

EGX Rebound Broadens After S&P Retains Egypt’s Emerging-Market Status

Small-cap stocks lead Sunday’s recovery after last week’s sell-off, but foreign investors remain net sellers and high interest rates...

Why Gold in Egypt Jumped 5.8% in One Week

Gold prices in Egypt extended their rally for a third consecutive week, driven overwhelmingly by a surge in international...

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