Back in September 2020, NBE and Banque Misr stopped offering 15% fixed-rate savings certificates launched in mid-March. These high-interest rates were the highest in the market. Given that these high high-yield rates […]
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, […]
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 […]
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. […]
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 […]
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 […]
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, […]
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, […]
I started investing in the Egyptian stock market over 5 years ago. At that point in time, I had already traded stocks listed in the United States and Germany and decided to […]
When I was 15, I was fascinated with the world of investing. To be honest, all I really cared about was making money on my own. Up to that point in my […]
Back in 2009, Quinstreet bought the domain name ‘insure.com’ for a whopping $16 million. This has raised many eyebrows and attracted people to buy and sell domains -even those who are not […]
During the last 15 years a lot has happened in Egypt. From the Egyptian Revolution to the devaluation of the Egyptian pound, the EGX 30 has seen some turbulent years. But how […]
Although the first coronavirus case dates back to November 2019, global markets seemed unaffected until mid February 2020. In March 2020, the World Health Organization declared the COVID-19 outbreak as a pandemic […]
The aftermarket for high-end fashion has been booming in the last years. Ever heard of the Nike Dunk SB Low Yellow Lobster? As of the 24th of Semptember 2020, the highest bid […]
The term EGX stands for Egyptian Exchange and is the only registered securities exchange in Egypt. According to their official website, “the EGX is the trading venue whereby member firms or brokers […]
