Telecom Egypt Reaches FTSE Russell Mid Cap Status as Market Cap Hits $3.9bn

Cairo Stock Exchange — Al Alamia Ceramics Jumps 3.6% Even as EGX 30 Drops 1.14%

Al Alamia Ceramics posted the day’s top gain on the Cairo Stock Exchange, rising 3.6% to EGP 34.3 while the EGX 30 fell 1.14%. The move highlights selective appetite for construction-linked names even as a weaker pound and higher oil prices weighed on broader sentiment.

EGX 30 falls 1.14% as Elsewedy studies Algeria auto project

The EGX 30 closed down 1.14% at 51,613.9 points on October 12, after a 1.99% drop a day earlier, according to market data and an analyst note. Elsewedy Electric is studying the establishment of an electric and hybrid car factory in Algeria, waya.media reported, preserving the project’s conditional status. Talaat Moustafa Group signed a strategic partnership with AXA Egypt to provide integrated insurance solutions for Spine unit owners, according to Zawya. EFG Hermes advised Banque du Caire as joint global coordinator and joint bookrunner for its IPO on the EGX, شبكة تواصل الإخبارية reported.

Egyptian Media Production City (MPRC.CA) - Disclosure Form for the BoD & the Shareholders' Structure