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EGX Recovery Narrows to Blue Chips as Foreign Selling Persists

Market Updates & Finance Mona Alameddine -
Egypt's benchmark EGX30 rose 1.52% to 52,273.34 points on Thursday, extending its recovery for a second consecutive session as...

Egypt’s Equity Rebound Masks Continued Institutional Selling

Market Updates & Finance Mona Alameddine -
CAIRO — Egyptian shares rebounded on Wednesday, ending three consecutive sessions of losses that had wiped more than EGP200bn...

IMF Warns 22% of Global Banking Assets Vulnerable to Financial Shocks

Market Updates & Finance Middle East Observer Staff -
Strong bank profits are masking mounting financial vulnerabilities as sovereign debt pressures, nonbank lending and volatile investment markets test...

EGX Loses EGP53bn as Institutional Buying Fails to Halt Market Correction

Market Updates & Finance Mona Alameddine -
CAIRO — Egyptian equities extended their correction on Tuesday, wiping approximately EGP53bn from market capitalisation as smaller companies suffered...

Klivvr Targets EGP 6.5bn Consumer Portfolio and EGP 3bn SME Lending

Egypt Middle East Observer Staff -
Egyptian financial technology company Klivvr plans to expand its consumer finance portfolio by as much as 160% to EGP...

EGX Erases October Recovery as Institutional Selling Hits Smaller Stocks

Market Updates & Finance Mona Alameddine -
CAIRO, October 12, 2026 — The Egyptian Exchange extended its correction on Monday, with EGX30 falling 1.14% to 51,613.92,...

EGX Loses EGP81bn as Institutional Selling Tests Egypt’s IPO Revival

Market Updates & Finance Mona Alameddine -
Egypt's stock market erased nearly 85% of its early-October rebound on Sunday as domestic institutions led a broad sell-off,...

Africa Challenges Big Three’s Dominance in Credit Risk Assessment

Market Updates & Finance Middle East Observer Staff -
The African Union launched the Africa Credit Rating Agency (AfCRA) in Mauritius on 7 October 2026, introducing a new...

EGX Correction Loses Momentum as Broader Market Stabilises

Market Updates & Finance Mona Alameddine -
Egyptian equities showed their first meaningful signs of stabilisation since Sunday's rally on Wednesday, as the EGX30's decline narrowed...
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The Middle East Observer is a leading online platform dedicated to providing unbiased, in-depth coverage of the Middle East, North Africa and the world. Our expert team of journalists delivers timely news and analysis across a diverse range of topics, including politics, economics, life style, science, and technology. We strive to inform and engage our readers with informative, premium coverage, and thought-provoking content.

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