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  "path": "/business-economix/market-updates-finance/2026/05/10/egx-records-strongest-weekly-rise-in-weeks-on-local-buying-momentum/",
  "publishedAt": "2026-05-10T09:14:44.000Z",
  "site": "https://meobserver.org",
  "tags": [
    "Market Updates & Finance",
    "EGX",
    "EGX100",
    "EGX30",
    "EGX70",
    "Egypt",
    "Egypt stock market",
    "Middle East markets",
    "oil prices",
    "US-Iran tensions",
    "EGX records strongest weekly rise in weeks on local buying momentum",
    "The Middle East Observer"
  ],
  "textContent": "Cairo — Egypt’s stock market recorded a strong advance in the week of 3–6 May 2026, with investors encouraged by easing inflation, a stronger Egyptian pound and improving foreign reserve data, while regional geopolitical tensions showed signs of stabilisation. The benchmark EGX30 ended the week at around 53,605 points, up 3.56% over the four-session period, […]\n\nThe post EGX records strongest weekly rise in weeks on local buying momentum appeared first on The Middle East Observer.",
  "title": "EGX records strongest weekly rise in weeks on local buying momentum"
}