Tuesday, October 27, 2026

Business & Economix

Egypt Halts Stock Trading as Market Loses EGP171bn

First market-wide suspension since 2021 follows a 10% plunge in EGX100, while the pound's accelerating depreciation deepens pressure on...

Egypt-China Ventures Plan $500m Power Equipment Expansion

CAIRO — Two Egyptian-Chinese joint ventures plan initial investments of up to $500 million to expand electrical-equipment manufacturing and...

Egypt’s EGX30 Rallies as Broader Stocks Fall, Debt Selling Persists

CAIRO, October 22 — Egypt's benchmark EGX30 extended its recovery on Wednesday, rising 1.47% to 52,854.95 points, but the...

EGX Rally Gains Institutional Support as Foreigners Sell Government Debt

Egyptian equities extended their recovery on Tuesday, October 20, as the benchmark EGX30 rose 1.94% to 52,089.01 points and...

EGX Rebounds Sharply as Bank IPO Faces Pricing Test

Egyptian equities recovered sharply from an intraday sell-off on Monday, October 19, with the benchmark EGX30 rebounding nearly 1,478...

EGX Recovery Collapses as Foreign Selling Deepens Ahead of Major IPOs

Egypt's stock market suffered a sharp reversal on Sunday, October 18, as the benchmark EGX30 fell 2.63% to 50,896.19...

EGX Recovery Narrows to Blue Chips as Foreign Selling Persists

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

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

Strong bank profits are masking mounting financial vulnerabilities as sovereign debt pressures, nonbank lending and volatile investment markets test...

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