Market activity

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(2017-11-22) HSBC agrees to inject LE600 m into Roya Holding
HSBC Bank Egypt has agreed to inject a financing segment worth EGP 600 million into the mutual loan of the Arab African International Bank in favor of Roya Holding (RAYA), sources told Al-Mal newspape...
(2017-11-22) Dec 16: Ascom's EGM to review authorized capital hike
Asek Company for Mining - Ascom (ASCM) declared in a statement sent to EGX, it called the extraordinary general assembly to be convened on December 16.�
The EGM will discuss authorized capital hike t...
(2017-11-22) Pachin profits jump to LE114 m in FY 16/17, Borad suggests dividends
Paint and Chemicals Industries (PACH)�announced in a statement sent to EGX, the audited financial results for the fiscal period starting July 1, 2016,�and ending June 30, 2017.
The company posted con...
(2017-11-20) Orascom Development plans to settle some of its debts in 2018
Should Orascom Development Egypt (ODE)�(ORHD)�be able to repay between LE 700 million and LE 1 billion of its debt in 2018, its financial situation will be much better, the company�s CEO Khaled Bichar...
(2017-11-20) HDB submits documents to hike capital by LE253 m -EFSA
Egyptian Financial Supervisory Authority (EFSA) announced on November 19 that�Housing and Development Bank�(HDBK) submitted disclosure report to conduct procedures of issued and paid capital hike to L...