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The EGX30 rose 0.5% at today’s close on turnover of EGP 15.1 bn (34% above the 90-day average). International investors were the sole net buyers. The index is up 33.1% YTD.
In the green: Mopco (+9.0%), Abu Qir Fertilizers (+6.8%), and Sidpec (+6.6%).
In the red: ADIB (-2.4%), Palm Hills Developments (-2.1%), and Rameda (-1.3%).
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
The contracts and the resources are proven, so the open…
Regulators want to keep Egyptian money from setting up funds…
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…
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