Egypt’s benchmark EGX30 rose 1.52% to 52,273.34 points on Thursday, extending its recovery for a second consecutive session as buying shifted towards leading shares. Yet market breadth narrowed, trading activity weakened and foreign institutions remained net sellers, exposing the limits of the rebound. Market capitalisation increased EGP 25.6bn to EGP 4.051tn, bringing the two-session recovery […] The post EGX Recovery Narrows to Blue Chips as Foreign Selling Persists appeared first on The Middle East Observer.

State-owned manufacturer targets EGP 2.19bn in revenue as new railway contracts and domestic production underpin expansion. Egypt’s state-owned railway components manufacturer Siegwart reported a 2.3% decline in annual net profit to EGP 608 million, despite expanding domestic production of high-speed rail components and securing new infrastructure contracts aimed at reducing reliance on imports. The Egyptian […] The post Egypt’s Siegwart Expands Rail Manufacturing as EGP 608mn Profit Slips 2.3% appeared first on The Middle East Observer.

Oct 13, 23:07 UTC **Identified** - Dear Valued Merchant, Outbound NGN payouts, including transfers from your dashboard, are back online and processing normally, so you can safely resume NGN transfers. Outbound payouts remain temporarily paused in GHS, KES, UGX, ZMW, RWF, TZS, MWK, EGP, XOF, XAF, USD, GBP and EUR while we complete scheduled updates, and we are restoring them one at a time. Please avoid repeatedly retrying failed transfers in these currencies, as this could create duplicate payout attempts once they reopen. Payment acceptance is unaffected across all payment methods, and your account balances are secure. You may notice a delay in seeing recent balance history while it updates. We will share another update as more currencies are restored. We apologize for the inconvenience and thank you for your patience. Affected Services: Affected Markets: Global

Click to view the official SEC document.

Click to view the official SEC document.

Click to view the official SEC document.

Egyptian financial technology company Klivvr plans to expand its consumer finance portfolio by as much as 160% to EGP 6.5 billion in 2027 while preparing to enter small and medium-sized enterprise lending, in a move that could widen credit access but increase pressure on funding costs and portfolio quality. The company, part of Sawiris family-owned […] The post Klivvr Targets EGP 6.5bn Consumer Portfolio and EGP 3bn SME Lending appeared first on The Middle East Observer.

Click to view the official SEC document.

Click to view the official SEC document.

Egypt’s state-owned banks are unlocking substantial real estate assets for development, as Hyde Park Real Estate Development acquires 415 feddans in West Cairo while its subsidiary secures EGP 10 billion in separate long-term housing finance. Hyde Park signed the land acquisition agreement on 12 October with National Bank of Egypt (NBE) and Banque Misr for […] The post Egyptian Banks Unlock 415 Feddans as Hyde Park Secures EGP 10bn Financing appeared first on The Middle East Observer.

ACAP meldete am 09.08.2026 262,72 Mio. EGP Quartalsumsatz. Die A-Capital-Holding-Aktie kostet am 12.10.2026 8,05 EGP nach 8,05 EGP.