INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Egyptian Exchange rises on buying by FIIs

Egyptian Exchange approved the listing of TAQA Arabia shares (EGX).
  • The market capital gained about $0.60 billion to close at $35 billion, amid transactions worth $0.08 billion
  • The broader EGX 70 EWI index of the leading small and mid-cap enterprises (SMEs) increased by 1.37 percent, ending at 2,550.95 points

Cairo, Egypt  – Egyptian Exchange (EGX) indexes posted collective gains at the close of Sunday’s trading session, driven by purchases by Egyptian and foreign financial institutions and investment funds, against sales by Arab financial institutions.

The market capital gained about LE14.7 billion ($0.60 billion) to close at LE 855.9 billion ($35 billion), amid transactions worth EGP2 billion.

The EGX 30 benchmark index was up 1.8 percent, registering 13,009.48 points.

The broader EGX 70 EWI index of the leading small and mid-cap enterprises (SMEs) increased by 1.37 percent, ending at 2,550.95 points.

The all-embracing EGX 100 index rose 1.6 percent, closing at 3,695.42 points.