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The EGX30 rose 0.3% at today’s close on turnover of EGP 5.0 bn (55.6% above the 90-day average). Regional investors were net buyers. The index is up 11.1% YTD.
In the green: TMG Holding (+8.4%), CIRA Education (+2.6%) and Credit Agricole Egypt (+1.9%).
In the red: Palm Hills Development (-2.4%), GB Corp (-1.9%) and CIB (-1.8%).
Israel’s Arkia shifts some flights to Egypt as airspace tightens…
Plus: Incolease taps securitization market with debut EGP 2 bn…
PE and VC-backed companies were already pivoting to local exchanges…
Telda claims users can sell a position and immediately spend…
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