Mona Zulficar

Founding Partner

Egypt

Founding Partner & Chair of Executive Committee - Zulficar & Partners Law Firm

Is EGX poised to rebound in May after April’s losses?

Some hope that Egypt’s Stock Exchange (EGX) will regain in May the heavy losses incurred in April in response to the geopolitical tensions.

Investments valued 2.9 billion pounds will be directed to the Suez Canal, with a share of 45 percent, followed by the higher education sector.

ADES has secured a new drilling assignment for one of its rigs off the coast of Egypt with Suez Oil Company (SUCO).

The Minister promoted investment and private sector activities in agricultural industrialization with 341 technological centers.

The main defendant in the case gave instructions to disburse quantities of bran during this period, without a document.

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