The Saudi Egyptian Investment Company, a newly launched investment firm of the Kingdom’s Public Investment Fund (PIF), has agreed to acquire minority stakes in four large listed Egyptian companies, with a total investment of $1.3bn.
🇪🇬 Egyptian Exchange
30,248.44 -589.00 (-1.91%)EGX 30 INDEX | As of 19-Jun-2025
| 1M | 3M | YTD | 1Y | 2Y |
| -3.53% | -3.51% | +1.71% | +14.50% | +68.15% |
| Value Traded (Mln EGP) 4,450.91 | Volume 954,941,592 |
| Transactions 92,352 | Market Cap. (Bln EGP) 2,240.84 |
19-Jun-2025
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The Commercial International Bank (CIB) reported on Monday a consolidated net income of EGP 3.51bn — or EGP 1.58 per share — in the second quarter (2Q) of 2022 — up by 9% from 2Q 2021.
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The Egyptian Cabinet has agreed to prepare both Wataniya Petroleum Company and the National Company for Producing and Bottling Water (Safi), the subsidiaries of the National Service Projects Organization (NSPO), for listing on the Egyptian Exchange (EGX).
Egypt’s Financial Regulatory Authority (FRA) approved a request on Tuesday filed by UAE-based investment company Chimera Investments for a non-binding offer to acquire a controlling stake in Egypt-based Beltone Financial Holding.
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