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Liquidity Flees Egypt's Blue-Chips for Small Caps as EGX30 Lacks Catalysts
Markets

Liquidity Flees Egypt's Blue-Chips for Small Caps as EGX30 Lacks Catalysts

Egypt's benchmark EGX30 slipped 0.7% while the small-cap EGX70 jumped 1.25% as investors rotated out of heavyweight stoc...

Yael Ben-David 👁 21 💬 0
Egyptian Pound Breaches 51 Again as Foreign Outflows and Geopolitical Tensions Weigh
Economy

Egyptian Pound Breaches 51 Again as Foreign Outflows and Geopolitical Tensions Weigh

The Egyptian pound surpassed 51 per dollar for the first time since the 2024 float, driven by $1.45 billion in foreign o...

Niamh O'Sullivan 👁 15 💬 0
Egypt’s Central Bank Debuts EGP 150 Billion Variable-Rate Treasury Certificates
Economy

Egypt’s Central Bank Debuts EGP 150 Billion Variable-Rate Treasury Certificates

A new 63-day instrument linked to the corridor rate offers the government flexible funding and gives banks a fresh tool ...

Niamh O'Sullivan 👁 19 💬 0
Syrian Market Uncertainty Dashes Hopes for Egyptian Cement Export Revival
Companies

Syrian Market Uncertainty Dashes Hopes for Egyptian Cement Export Revival

Egypt's cement sector, once eyeing Syria as a reconstruction export hub, now faces unclear demand, with only 5,000 tonne...

Declan Byrne 👁 15 💬 0
Egypt Imports 223,000 Tonnes of Food as Wheat and Soybeans Lead Weekly Arrivals
Agriculture

Egypt Imports 223,000 Tonnes of Food as Wheat and Soybeans Lead Weekly Arrivals

Wheat and soybean shipments dominated Egypt's food imports in mid-July, with Russia remaining the top supplier. The Nati...

Padraig Nolan 👁 14 💬 0
Smart Wins Baker Approval for Egypt’s New Direct-Discount Bread System
Companies

Smart Wins Baker Approval for Egypt’s New Direct-Discount Bread System

Egypt’s General Division of Bakeries backed Smart’s electronic collection platform over offers from WE, Fawry and e& as ...

Declan Byrne 👁 14 💬 0
DeepSeek Targets $7.4 Billion Funding Round As Valuation Nears $74 Billion Ahead of Shanghai IPO
Technology

DeepSeek Targets $7.4 Billion Funding Round As Valuation Nears $74 Billion Ahead of Shanghai IPO

China's AI powerhouse DeepSeek is in talks for a new 50 billion yuan raise, following a similar-sized round last month, ...

Eitan Shapiro 👁 14 💬 0
From Oil to Inflation: How US-Iran Tensions and the Hormuz Risk Recast Global Economic Calculations
Economy

From Oil to Inflation: How US-Iran Tensions and the Hormuz Risk Recast Global Economic Calculations

Rising US-Iran tensions and instability around the Strait of Hormuz are sending shockwaves through oil markets, shipping...

Niamh O'Sullivan 👁 17 💬 0
Egypt Extends Tax Dispute Law, Offers Bookkeeping Relief for Small Firms to Tame Shadow Economy
Politics

Egypt Extends Tax Dispute Law, Offers Bookkeeping Relief for Small Firms to Tame Shadow Economy

The Egyptian Tax Authority is extending a dispute settlement mechanism, introducing simplified accounting for companies ...

Sinead Brennan 👁 16 💬 0
Egypt’s Poultry Industry Seeks Formal Commodity Exchange Listing to Tame Prices
Agriculture

Egypt’s Poultry Industry Seeks Formal Commodity Exchange Listing to Tame Prices

Moves to list poultry on Egypt’s commodity exchange aim to boost transparency and protect producers squeezed by a 15-pou...

Padraig Nolan 👁 13 💬 0
Saudi Real Estate Deals Surpass SAR 1.6 Trillion Under New Brokerage Law
Real Estate

Saudi Real Estate Deals Surpass SAR 1.6 Trillion Under New Brokerage Law

Over 13 million transactions recorded since July 2023 as licensing and oversight tighten, with 117,000 brokers now regis...

Cormac Doyle 👁 22 💬 0
Saudi Real Estate Registry Opens Title Registration for 1,491 Properties in Riyadh, Mecca and Tabuk
Real Estate

Saudi Real Estate Registry Opens Title Registration for 1,491 Properties in Riyadh, Mecca and Tabuk

Saudi Arabia’s real estate registry has opened online registration for 1,491 land parcels in Riyadh, Mecca and Tabuk, re...

Cormac Doyle 👁 41 💬 0
Tatweer Misr Targets 2027 Handover for First 1,000 Units of Solt Project
Real Estate

Tatweer Misr Targets 2027 Handover for First 1,000 Units of Solt Project

CEO Ahmed Shalaby confirms the Solt project timeline, unveils a 340,000 sqm marina phase, and projects annual revenues o...

Cormac Doyle 👁 27 💬 0
Tatweer Misr CEO Calls for Real Estate Developers' Union and Clearer Market Laws
Real Estate

Tatweer Misr CEO Calls for Real Estate Developers' Union and Clearer Market Laws

Ahmed Shalaby says an industry body and integrated legislation would protect all parties and boost stability, while also...

Cormac Doyle 👁 18 💬 0
Egypt's Severe Heatwave to Break by Next Week, Meteorology Authority Says
News

Egypt's Severe Heatwave to Break by Next Week, Meteorology Authority Says

The Egyptian Meteorological Authority says the current extreme heat and high humidity will begin to ease early next week...

👁 20 💬 0
Gold at a Crossroads: Analyst Flags $4,000 as Decisive Level for the Next Move
Markets

Gold at a Crossroads: Analyst Flags $4,000 as Decisive Level for the Next Move

Gold's recent pullback is likely a deeper correction within a long-term structural bull run, not a loss of allure, says ...

Yael Ben-David 👁 16 💬 0
Qatar Leads Diplomatic Push to Defuse Regional Tensions, Spotlighting Strait of Hormuz Security
Politics

Qatar Leads Diplomatic Push to Defuse Regional Tensions, Spotlighting Strait of Hormuz Security

Doha held talks with Jordan, Oman, and Saudi Arabia to calm Iran-linked unrest, underlining the critical importance of k...

Sinead Brennan 👁 19 💬 0
Egypt Fast-Tracks Industrial Prosthetics Hub to Serve Disabled and Target Regional Market
Health

Egypt Fast-Tracks Industrial Prosthetics Hub to Serve Disabled and Target Regional Market

Prime Minister Madbouly chaired a high‑level review of plans for a national prosthetics manufacturing complex, aiming to...

Noa Feldman 👁 16 💬 0
Egyptian Union Chief Demands Formal Status for Gig Workers, Calls for Minimum Wage Enforcement
Politics

Egyptian Union Chief Demands Formal Status for Gig Workers, Calls for Minimum Wage Enforcement

The deputy head of Egypt's trade union federation says regulating ride-hailing and delivery platforms is now urgent to s...

Sinead Brennan 👁 13 💬 0
India's Wealthy Flee in Record Numbers: 200,000+ Renounce Citizenship Each Year
News

India's Wealthy Flee in Record Numbers: 200,000+ Renounce Citizenship Each Year

Sanjaya Baru's new book reveals a record exodus of wealthy Indians, with over 1.88 million citizenship renunciations in ...

👁 13 💬 0
Masaharu Returns: Key Figure in NHK Drama 'Massan' Stirring Final Plot Twist
News

Masaharu Returns: Key Figure in NHK Drama 'Massan' Stirring Final Plot Twist

The return of a long-absent character played by Yuki Izumisawa marks a turning point in the NHK morning drama's re-broad...

👁 13 💬 0
Hungary’s Premier Proposes Chess Icon Judit Polgar for Presidency
Politics

Hungary’s Premier Proposes Chess Icon Judit Polgar for Presidency

Prime Minister Peter Magyar wants the former chess prodigy to become head of state, signalling a clean break from the Or...

Sinead Brennan 👁 13 💬 0
US Military Confirms Another Soldier Killed in Iran War, Toll Hits 17
Defense

US Military Confirms Another Soldier Killed in Iran War, Toll Hits 17

A soldier died during clearance of unexploded ordnance from an Iranian drone in northern Iraq, raising the US military's...

Doron Avidan 👁 12 💬 0
Tokyo City Hall Permits Shorts in Offices as Cool Biz Campaign Expands
Energy

Tokyo City Hall Permits Shorts in Offices as Cool Biz Campaign Expands

Tokyo’s municipal government has formally allowed male employees to wear shorts and T-shirts, extending the Cool Biz sch...

Aoife Keane 👁 18 💬 0
FIFA Banks $15 Billion From 2026 World Cup as Deutsche Telekom Snags 2030 Media Rights
Companies

FIFA Banks $15 Billion From 2026 World Cup as Deutsche Telekom Snags 2030 Media Rights

Record $15bn revenues, a €44m winner’s cheque, and Deutsche Telekom’s 2030 rights grab show the commercial muscle of FIF...

Declan Byrne 👁 14 💬 0
Hungary's Premier Taps Chess Prodigy Judit Polgar for Presidential Role
Politics

Hungary's Premier Taps Chess Prodigy Judit Polgar for Presidential Role

Prime Minister Peter Magyar has proposed former world number one Judit Polgar as Hungary’s next head of state, turning t...

Sinead Brennan 👁 25 💬 0
US Soldier Killed Clearing Iranian Drone Munition; Death Toll in Iran War Rises to 17
Defense

US Soldier Killed Clearing Iranian Drone Munition; Death Toll in Iran War Rises to 17

A controlled detonation of an unexploded Iranian one-way drone killed one American soldier and wounded another in northe...

Doron Avidan 👁 21 💬 0
EU Ban on Destroying Unsold Clothing Takes Effect — But the Fast-Fashion Loophole Remains
Retail

EU Ban on Destroying Unsold Clothing Takes Effect — But the Fast-Fashion Loophole Remains

Large companies can no longer discard unsold apparel. The rule will boost discount and secondhand channels, but critics ...

Orla Fitzpatrick 👁 17 💬 0
Goldman Sachs: Why Heavy-Asset Stocks Like BMW, ASML Are the Next AI Winners
Markets

Goldman Sachs: Why Heavy-Asset Stocks Like BMW, ASML Are the Next AI Winners

The bank’s HALO framework targets companies with heavy, durable assets that profit from AI infrastructure spending, givi...

Yael Ben-David 👁 20 💬 0
Webinar Claims 849% Return Using 'Stock-Box' Momentum Strategy on NASDAQ
Markets

Webinar Claims 849% Return Using 'Stock-Box' Momentum Strategy on NASDAQ

A free webinar on 21 July presents a rule-based momentum system that has reportedly returned 849% over 9.5 years. But th...

Yael Ben-David 👁 15 💬 0