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Egypt in the News: Sports Minister Sobhi weighs in on Salah’s future at Anfield
Mohamed Salah is all over the UK press, after Sports Minister Ashraf Sobhi claimed the Egyptian King told him he…
USD 1 bn IPO in the works for Aramco subsidiary + the UK wants in on NFTs
Yet another Gulf IPO? Saudi Aramco subsidiary Luberef is looking to make its Tadawul debut in an IPO that could…
A strong start to the year for sukuk + investors sentiment tanks on high-growth firms
Surging oil prices gave sukuk transactions their best ever start to a year in 2022, Bloomberg reports. Sales of new…
Suez Canal revenues up 20% y-o-y in 1Q 2022
Suez Canal revenues rose 20% y-o-y in 1Q 2022 to USD 1.69 bn, the Suez Canal Authority (SCA) said in…
Swvl rises on Nasdaq debut, eyes dual listing on the EGX
Swvl shares rise on Nasdaq debut: Shares in Cairo-born mass transit app Swvl rose on their Nasdaq debut on Friday…
THIS MORNING: Ramadan Kareem on this extremely busy news day
Good morning, wonderful people, and welcome to the first workday of Ramadan. We hope the day treats you well. We…
Swvl to debut on the Nasdaq today after SPAC merger approved
Swvl is making its landmark Nasdaq debut today: Shares in Egypt-born, UAE-based mass transit app Swvl will start trading on…
LuLu plots UAE IPO next year
Middle East supermarket giant Lulu Group International could IPO in the UAE next year, Bloomberg reports, citing people familiar with…
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