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The EGX30 rose 0.7% at today’s close on turnover of EGP 12 bn (33.9% above the 90-day average). International investors were the sole net buyers. The index is up 26.5% YTD.
In the green: Abu Qir Fertilizers (+2.4%), Arabian Cement (+2.2%), and Fawry (+1.9%).
In the red: Palm Hills Developments (-1.9%), GB Corp (-1.3%), and Raya Holding (-1.0%).
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
The contracts and the resources are proven, so the open…
Small- and mid-cap indices widened their lead over the benchmark…
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…
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