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The EGX30 rose 0.7% at today’s close on turnover of EGP 9.6 bn (9.1% above the 90-day average). International investors were the sole net buyers. The index is up 25.8% YTD.
In the green: Qalaa Holdings (+2.1%), GB Corp (+1.9%), and TMG Holding (+1.8%).
In the red: Telecom Egypt (-1.7%), Heliopolis Housing (-1.5%), and ADIB (-1.0%).
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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