Al Ahly Pharos
Welcome to our daily podcast featuring the day's top news commentary and technical recommendations delivered to you before the opening bells of the Egyptian Stock Exchange (EGX).Alongside our morning podcasts, we will be publishing a collection of episodes presenting indepth analysis and insights on EGX's equities, all brought to you by Al Ahly Pharos.
Episodes
1443 episodes
Pre-Trading Thoughts
Net foreign asset (NFA) surplus fell 27% to USD9.7 bn in August, down from USD13.3 bn in July. NFA of banks registered a deficit of USD536 mn, down from a surplus of USD2.8 bn in July. Egypt's PMI registered 48.8 in September, the h...
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4:41
Pre-Trading Thoughts
The CBE has released the Balance of Payment (BoP)'s performance report for FY2023/24. Key points are:The overall BoP recorded a surplus of c.USD9.7 bn during FY 2023/24.Egypt's current account deficit more than quadrupled, ...
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5:55
Pre-Trading Thoughts
Emirati sovereign wealth fund ADQ will lay the foundation stone for its USD multi-billion Ras El Hekma project on Friday, Deputy Housing Minister said.The Madbouly government will start introducing cash-based subsidies on a trial basis i...
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5:29
Pre-Trading Thoughts
Ongoing geopolitical tension in the region has had a dire impact on Suez Canal revenues, which have seen a 50-60% drop — equivalent to USD6 billion — over the past 7-8 months, President El Sisi said.The government is currently in talks w...
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2:54
Pre-Trading Thoughts
Egypt's total public debt declined by about 2.1% during the last quarter of FY23/24 to EGP12.52 trillion.The European Bank for Reconstruction and Development (EBRD) raised Egypt’s growth forecast for 2025 to 4.5% from 4.4%.The Cen...
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2:01
Pre-Trading Thoughts
Prime Minister Madbouly said he is coordinating with Investment and Trade Minister Hassan El Khatib over a new package that would encourage and incentivize both new and current investors to inject more investments into various sectors.Pr...
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2:19
Pre-Trading Thoughts
*Key news articles for today* The government will invest EGP1.0 bn to launch 1k hotel rooms in between the Al Farma archaeological site to the west of the Suez Canal. The initiative, which is expected to be invested in the l...
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2:39
Pre-Trading Thoughts
Chinese appliance manufacturer Haier laid the foundation stone for the USD40 million second phase of its eco-industrial complex in Tenth of Ramadan City. With a production capacity of 300k refrigerators and deep freezers and offer around 1k job...
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4:36
Pre-Trading Thoughts
The Suez Canal Economic Zone is looking to global investors to set up a wind turbine blades production factory, which would be the first of its kind in the region.The Madbouly government is reportedly planning to increase its imports of ...
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3:36
Pre-Trading Thoughts
“The electricity will not be cut off again... and there will be no more load shedding,” Mostafa Madbouly said, adding that the government is working to secure the necessary energy shipments to keep the lights on 24/7.Our natural gas outp...
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6:36
Pre-Trading Thoughts
The government has hiked the prices of butane gas cylinders as part of efforts to rationalize subsidies for fuel. The price of household cylinders has gone up 50% to EGP150 ex-factory, while the price of cylinders for commercial use has increas...
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6:22