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Posted inGO WITH THE FLOW

What the markets are doing on 20 May, 2024

The EGX30 fell 0.32% at today’s close on turnover of EGP 4.8 bn (0.8% below the 90-day average). Egyptian investors were net buyers. The index is up 9.4% YTD. In the green: Orascom Construction (+5.3%), Talaat Moustafa Group (+3.0%) and EIPICO (+2.5%). In the red: Eastern Company (-4.8%), Orascom Development (-3.9%) and E-finance (-3.3%).

Posted inENTERPRISE ENTERTAINMENT CALENDAR

MAY 11 May-1 June (Saturday-Saturday) Summer Showcase art gallery at Bibliothek 19-22 May (Sunday-Wednesday): Empower Her Art Forum at The National Museum of Egyptian Civilization 21 May (Tuesday): Disco Arabesco- Tablet El Sett & Fabrica at Theatro Arkan 23-25 May (Thursday- Saturday): Insomnia at Rawabet Art Space 22-24 May (Wednesday-Friday): The Design Show at Cairo […]

Posted inWhat We're Tracking Today

Negotiations have kicked off on our USD 1.2 bn green financing from the IMF

Good morning, friends. We are kicking off the workweek with a packed issue, so let’s jump right in. WATCH THIS SPACE- #1- USD 1.2 bn in green financing in the works: Negotiations have started for Egypt to access USD 1.2 bn in long-term, low-cost climate financing from the IMF's Resilience and Sustainability Facility, the Environment […]

Posted inAdvertiser

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