valU is intending to proceed with trading on the Egyptian Exchange (EGX) following the completion of an in-kind dividend distribution by EFG Holding.

Egypt Post purchased EGP 8.9 billion worth of shares in seven companies listed on the Egyptian Exchange (EGX) from the National Investment Bank (NIB).

ASEC Mining Company (ASCOM) announced that its fully owned subsidiary, APM Investment Holdings BVI, received 5.75 million shares from Canadian Allied Gold Corp in September as an installment for selling its stake in Kurmuk project.

Real estate player Tabarak Developments plans to offer 30% of its shares on the Egyptian Exchange (EGX) in the second half (H2) of 2025.

A trading transaction has been executed on 20 million shares of Madinet Masr at a value of EGP 82.8 million under the employee stock ownership plan (ESOP).

Egyptian transportation firm Go Bus is planning to list 30% of the company’s shares on the Egyptian Exchange (EGX) within two years.

Asek Company for Mining (Ascom) announced that its 100%-owned subsidiary APM Investment Holdings BVI has sold 2.2 million shares of Canadian Allied Gold Corp during the first quarter (Q1) of 2024 for a total of $5.16 million, as per a statement.

e-finance for Digital and Financial Investments has witnessed the implementation of a transaction worth EGP 67.692 million on 4.247 million issued shares.

The Egyptian Exchange’s (EGX) listing committee has endorsed listing the authorized capital increase of Beltone Financial Holding to EGP 11 billion from EGP 1 billion.

The Egyptian Exchange’s (EGX) listing committee has approved listing the issued and paid-up capital increase of the Arab Developers Holding.

Trading on the shares of TAQA Arabia in the Egyptian Exchange (EGX) has started today, July 9th at 10:00 am.

Qatari agricultural company Baladna has raised its stake in Juhayna Food Industries to 15.03%.

Orascom Construction PLC has purchased 6.517 million of its own shares on Nasdaq Dubai for $3.0 per share.

Egypt has addressed the German lenders of its joint power projects, known as Egypt Megaproject, with Germany’s Siemens to obtain their approval to offer shares in the project’s power plants for sale.

Arab Finance: B Investments Holding’s (BINV) board of directors will sign a put option agreement to sell the company’s entire stake of 6.38% in TotalEnergies Marketing Egypt to TotalEnergies Marketing Afrique (TEMA) for $27.6 million, according to a disclosure issued on December 25th. Under the agreement, B Investments is eligible for an additional amount of $2.2 million, which is subject to certain conditions regarding TEMA’s transaction with Abu Dhabi National Oil Company for Distribution (ADNOC). The board approved to assign the company’s chairman to take all necessary legal and regulatory procedures to carry out the sale as per the listing rule of the Egyptian Exchange (EGX); Article 43 (bis) before the implementation of the transaction. The transaction is expected to be complete in the first quarter (Q1) of 2023. Established in 2006, B Investments is an Egypt-based private equity firm and growth capital investor that pulls a wealth of expertise to actively create value in its portfolio companies.

Waha Investment Management Company has sold a 2.219% stake in Cairo for Investment and Real Estate Development (CIRA) for EGP 170.715 million, equivalent to an average price of EGP 13.2 per share, according to a shareholding disclosure on December 26th.

The transaction was executed on 10 million shares at an average price of EGP 1.9 per share.