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Global stocks rebound on stimulus hopes
Global stocks rebound on stimulus hopes: US stocks surged yesterday on hopes that central banks around the world will launch…
Egyptian stocks hold steady following Sunday’s rout
Egyptian stocks hold steady following Sunday’s rout: Egyptian equities stabilized yesterday as global markets rebounded from last week’s sell-off on…
What we’re tracking on 3 March 2020
Global markets including the EGX held their ground yesterday after the worst week of losses since the global financial crisis.…
Education proves its strength as a defensive sector in the midst of corona market meltdown
Education proves its strength as a defensive sector in the midst of corona market meltdown: The EGX30 closed down 6%…
Global equities markets have worst week since 2008 on covid-19 fears
Global equities markets have worst week since 2008 on covid-19 fears: Global equity markets were a sea of red on…
What we’re tracking on 1 March 2020
The story of the day is clearly the global spread of the covid-19 virus. Fears it will tip developed economies…
Egypt’s House approves law to raise pension ceiling for military employees
The House of Representatives approved draft changes to raise the ceiling of pensionable income for military employees in a plenary…
NBE signs EGP 1 bn credit facility with Fiber Misr
The National Bank of Egypt (NBE) has signed a EGP 1 bn credit facility agreement with IT firm Fiber Misr,…
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