The Egyptian government is stepping up preparations to meet an anticipated 8% increase in electricity demand this summer as compared to last year.
The Egyptian Exchange (EGX) ended Tuesday's trading session in positive territory, snapping a five-session losing streak, with the benchmark EGX30 index rising 1.33% to close at 50,487.96 points.
The exchange rate between the USD and EGP recorded EGP 49.15 for buying and EGP 49.25 for selling at the Commercial International Bank (CIB) on Tuesday, June 30th.
Pioneers Properties for Urban Development (PRE Group) reported a 337.73% year-on-year (YoY) increase in consolidated net profit after tax and attributable to the parent company during the first quarter (Q1) of 2026.
The Egyptian Transport & Commercial Services Co. (Egytrans NOSCO) has received notification from Africa Global Logistics of its intention to submit a mandatory tender offer (MTO) to acquire the company's shares, paving the way for its voluntary delisting from the Egyptian Exchange (EGX).
