• Wednesday, 11 March 2020

    EGX boss expects fresh IPOs this year despite market turmoil

    EGX boss expects fresh IPOs this year despite market turmoil: The current market volatility will not prevent new companies listing on the Egyptian Exchange, according to EGX boss Mohamed Farid, who said yesterday that two or three IPOs will go...
  • Monday, 24 February 2020

    Last night’s talks shows for Monday, 24 February

    It was a fairly uneventful night on the airwaves, save for a chat with EGX boss Mohamed Farid and updates on the Grand Ethiopian Renaissance Dam (GERD). Unnamed energy company to IPO before Ramadan; financial services, chemicals companies after September...
  • Tuesday, 28 January 2020

    Foreigners net buyers of Egyptian securities in 2019 + more from Mohamed Farid

    Strong appetite for Egypt’s fixed-income assets meant that net foreign purchases of Egyptian securities came in at EGP 42.3 bn last year, despite equities seeing EGP 1.7 bn in net outflows, EGX boss Mohamed Farid said in an interview yesterday....
  • Wednesday, 8 January 2020

    Last night’s talk shows for Wednesday, 8 January 2020

    Business and economic news took a backseat on the airwaves last night as the talking heads focused their attention on the deteriorating situation in Libya and Iraq. The commodities exchange got top billing on the econ side of things: EGX...
  • Monday, 30 December 2019

    Mohamed Farid: Aramco has no direct impact on EGX

    Saudi Aramco’s IPO has had no direct impact on the EGX, exchange boss Mohamed Farid said at a symposium organized by Youm7 to discuss raising listings on the bourse. Aramco had only an indirect impact by changing companies’ relative weight...
  • Monday, 30 December 2019

    Mohamed Farid: Aramco has no direct impact on EGX

    Saudi Aramco’s IPO has had no direct impact on the EGX, exchange boss Mohamed Farid said at a symposium organized by Youm7 to discuss raising listings on the bourse. Aramco had only an indirect impact by changing companies’ relative weight...
  • Monday, 30 December 2019

    Mohamed Farid: Aramco has no direct impact on EGX

    Saudi Aramco’s IPO has had no direct impact on the EGX, exchange boss Mohamed Farid said at a symposium organized by Youm7 to discuss raising listings on the bourse. Aramco had only an indirect impact by changing companies’ relative weight...
  • Thursday, 14 November 2019

    EGX approves using private investment funds’ cash securities as collateral for margin trading

    REGULATION WATCH- The EGX has decided to allow using private investment funds' cash securities as collateral for margin trading, according to a statement picked up by Hapi Journal. The securities will be evaluated on a daily basis by management companies,...
  • Wednesday, 2 October 2019

    Derivatives trading and Egypt’s first futures exchange are coming next year -Farid

    Futures exchange, derivatives trading are coming next year: Egypt could launch derivatives trading and its first futures exchange in 1H2020, EGX boss Mohamed Farid said yesterday, according to the local press. No further details were provided on the plans to...

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