Elsewedy Electric to Invest $200M in Egypt’s Industrial Sector

EGX 30 rises 0.7% as Telecom Egypt drops proposed RDH deal

The EGX 30 closed up 0.7034% at 52,928.1 points on July 16. Telecom Egypt said it will not proceed with the proposed RDH transaction, according to a regulatory filing carried by TradingView. Elsewedy Electric wants to invest $200 million in Egypt's industrial sector, according to MSN. The group is also balancing regional growth against global challenges, Ad-hoc-news.de reports.

Cairo Stock Exchange — Amer Group Jumps 9.6% as EGX 30 Adds 0.70% on Broad-Based Buying

Amer Group led EGX gainers with a 9.6% jump to 3.88 EGP, helped by renewed interest in its project launches and first-half sales momentum. The EGX 30 rose 0.70% as market breadth stayed firmly positive, with 33 advancers out of 44 tracked stocks.

First Investment Company And Real Estate Development (FIRE.CA) - Disclosure Form for the BoD & the Shareholders' Structure (SMEs Market)