The National Bank of Egypt (NBE) has purchased 102.51 million shares in Fawry for Banking Technology and Electronic Payment (FWRY) for EGP 1.05 billion, representing an average price of EGP 10.25 per share, according to a shareholding disclosure filed to the Egyptian Exchange (EGX).

Research centres unanimously agreed that some economic sectors that are tied to the Egyptian Exchange (EGX) benefited directly from the Central Bank of Egypt’s (CBE) decision to raise interest rates by 100 basis points during an emergency meeting of the Monetary Policy Committee (MPC) on Monday.

CI Capital Holding for Financial Investments’ (CICH) board of directors have approved the fully acquisition of Misr Capital’s shares in Misr Capital Brokerage and Lighthouse for Education Investment, according to a filing to the Egyptian Exchange (EGX) on Wednesday.

The board of directors of Macro Group Pharmaceutical (Macro Capital) (MCRO) has proposed the distribution of EGP 40 million in cash dividends for the full year ended December 31st 2021, according to a filing to the Egyptian Exchange (EGX) on Tuesday.