🇪🇬 Egyptian Exchange

The Ministry of Finance confirmed that the sale of the first batch of Telecom Egypt’s shares in the secondary market on the Egyptian Exchange, which targets financial institutions, high-net-worth individuals, and individuals and entities with experience in the field of securities, has been completed.

Informed sources have revealed to Daily News Egypt that the Egyptian Mercantile Exchange (EMX) considers trading in aluminum and gold during the second half of this year.

During The Egyptian Exchange (EGX)'s annual Suhoor on Tuesday, April 18th, 2023, Rami El-Dokany, EGX Executive Chairman announced that EGX’s Holding Company for Financial Markets Development submitted a request to the Financial Regulatory Authority (FRA) to establish a clearing house specialized in futures contracts.

The Commercial International Bank Egypt (CIB) has opened its first branch Nairobi, Kenya, the Egyptian Ministry of Foreign Affairs stated on April 9th.