1. Business Description Eastern Company S.A.E. (ticker: EAST) sells cigarettes, cigars and moassel products. It also exports its products primarily to Kingdom of Saudi Arabia, the Malawi, Bahrain, Madagascar, Kuwait, Qatar, Lebanon, […]
Eastern Tobacco (EAST.CA) Share Overview
Why Mbappé has the highest Market Value?
Paris Saint-Germain’s (PSG’s) superstar Kylian Mbappé became the world’s most valuable football player in 2019 topping a valuation of a whopping €200 million. The French Forward is considered by many one of the greatest […]
CIB Egypt (COMI.CA) Share Overview
1. Business Description Commercial International Bank -Egypt S.A.E (ticker: COMI) was founded in 1975. The bank was formerly known as Chase National Bank of Egypt until it changed its name to Commercial […]
EGX 30
The EGX 30 contains the 30 most highly capitalized and liquid stocks traded on the Egyptian Exchange (Cairo and Alexandria Stock Exchange). The following article lists the components of the EGX 30. […]
How the Pandemic will change our World
After each major event in history the trajectory of a nation and the world changes. This is what Daron Acemoglu and James Robinsion, writers of Why Nations Fail, call a critical juncture. […]
The End of the Pandemic?
Hopes that the coronavirus pandemic will come to an end have spiked this week after news that a coronavirus vaccine was developed. The vaccine proved to be more than 90% effective in […]
What Joe Biden’s win means for Egypt and the Middle East
After four days of vote-counting, Joe Biden and running mate Kamala Harris crossed the 270 electoral college vote mark and won the 2020 U.S. elections. According to the Associated Press, Biden has […]
Why banking regulations could not save the financial system during the global financial crisis?
Even today, the world is still suffering from the financial crisis of 2007/2008, which had catastrophic consequences on economic growth, home values, stock prices and jobs. The main reason for this financial […]
Macron’s speech cost France billions
On the 6th of October 2020, a history and geography teacher in a quiet suburb area in France showed a cartoon of the prophet Muhammad. Ten days later, he was beheaded. This […]
Egypt’s Banking Sector: An Overview [2020]
As of October 2020, there are 38 banks which are licensed to operate in Egypt. This number was higher back in 2005 but decreased gradually after a number of consolidations. This article […]
Are Pokemon cards a good investment?
The market for alternative investments has been a really exciting field in recent years as investors are actively searching for high returns outside the “boring old” stock market. Similar to sneakers and domain names, […]
Why did the CBE remove the chairman of the CIB?
Yesterday, the CBE dismissed the chairman and managing director of the Commercial International Bank in Egypt (CIB) Hisham Ezz Al-Arab. The CBE decision came after an investigation which showed “serious violations of […]
EgyptAir and Ghana sign partnership MoU for new national carrier
Ghana seeks to become the aviation hub of the Sub-Saharan Africa region through to establishing a new flag carrier. Interestingly, the country has one of the fastest growing economies in the world. Last […]
What determines the price of Gold?
As gold prices rose almost 30% since the beginning of 2020, the global gold market has attracted a lot of attention. Basic economic principles have taught us that price of an asset, […]
The Reason behind the devaluation of the Egyptian Pound
The 25th of January 2011 marked the outbreak of the Egyptian revolution. It marked a day were Egyptians aspired to improve the social, economic and political landscape of the region. But the […]
