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The EGX30 fell 1.8% at today’s close on turnover of EGP 9.8 bn (11.4% above the 90-day average). International investors were the sole net buyers. The index is up 24.4% YTD.
In the green: AMOC (+4.9%), Kima (+2.9%), and Abu Qir Fertilizers (+2.3%).
In the red: E-finance (-4.0%), Raya Holding (-3.1%), and ADIB (-3.1%).
Bankers say the rules aren’t written yet. Data center builders…
International lenders say more tax could tip the balance as…
Group CEO Karim Awad credits the central bank’s decision to…
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…
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