The Egyptian state-owned company E-Finance For Digital and Financial Investments (EGX:EFIH) is studying launching a digital bank, the company's chairman Ibrahim Sarhan announced in a bourse statement on Tuesday.

Beltone Financial Holding has concluded the largest capital increase ever in the history of the Egyptian Exchange (EGX) after the completion of subscription rounds of the EGP 10 billion rights issue of 5 billion new ordinary shares, as per a press release on July 19th.

The Egyptian Exchange (EGX) has shown a mixed performance at the closing of Thursday’s trading session.

Egypt's Suez Canal Authority (SCA) will offer a 20% stake in its subsidiary, Al Rabat Company, on the Egyptian Exchange (EGX) within the framework of the country’s initial public offering (IPO) program, SCA’s Chairman Osama Rabie announced in an interview with Ahmed Moussa’s Ala Mas’ouleety on June 21st.