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Posted inPLANET FINANCE

Aramco secondary offering sells out within hours

Aramco’s blockbuster secondary share sale was fully covered just “hours” after kicking off yesterday, Bloomberg reports, citing a document it saw. The oil giant’s offering met with sharp investor appetite and will see the transaction fully covered “within the price range,” Reuters reports, citing one of the banks working on the offering. Aramco had set […]

Posted inCALENDAR

2024 JUNE 15-19 June (Saturday-Wednesday): Eid El Adha (TBC) (national holiday). 29-30 June (Saturday-Sunday): EU-Egypt Investment Conference. 30 June (Sunday): June 30 Revolution Day (national holiday). JULY 7 July (Sunday): National holiday in observance of Islamic New Year (TBC). 18 July (Thursday): Central Bank of Egypt’s Monetary Policy Committee meeting. 23 July (Tuesday): Revolution Day […]

Posted inWHAT WE’RE TRACKING TONIGHT

THIS EVENING: Madbouly reappointed to form a new government

Good afternoon, ladies and gentlemen, and happy Monday. Seems like the newswire will be picking up the pace earlier this business week. THE BIG STORY TODAY Madbouly to form new government: Prime Minister Moustafa Madbouly has been tapped to form a new government after tendering his government’s resignation after nearly six years in office, according […]

Posted inENTERPRISE RECOMMENDS

Euro 2024 qualifiers have begun

⚽ A number of European teams are getting ready for friendly matches to prepare their players for the Euro 2024, which will be hosted by Germany between June 14 to July 14. The most important friendlies happening today: Croatia vs North Macedonia (8pm) England vs Bosnia (9:45pm) Germany vs Ukraine (9:45pm)

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