Mike Reisman

Designated Broker

37697 North 94th Street

85262 Scottsdale

United States

Telephone: 04806944804

Michael Reisman
Designated Broker

Reisman Realty

Largest sovereign wealth fund reduces its holdings in Egyptian equities

Norway's sovereign wealth fund cuts its holdings in Egyptian equities from $134.6 million to $100.3 million amid broader market challenges.

SCZone's net revenues reached EGP 5.7 billion in H1 FY2024/2025, a 32% increase surpassing projections. Port revenues accounted for 77% of the total.

Egypt has reduced the debt of budget agencies to 89% of GDP in FY2023/2024, reflecting positive economic adjustments.

Revenues grew to EGP 1.015 billion in the three-month period of last year from EGP 803.7 million in the same period a year earlier

The 22-karat gold recorded EGP 4,038.5 per gram for purchasing and EGP 4,064.75 for selling.

Finance Events

FRUIT LOGISTICA Berlin 05.02.2025

Cairo Fashion & Tex 13.02.2025

EGYPES 17.02.2025

STITCH & TEX 20.02.2025

CABLEXX 24.02.2025

ITB Berlin 04.03.2025

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