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EBRD, IFC eye combined 10% stake of Banque du Caire IPO
The IPO is slated for completion in November, with the roadshow relaunching next month
What the markets are doing on 16 August 2026
The EGX30 rose 1.1% at today’s close on turnover of EGP 13.5 bn (29.7% above the 90-day average). Local investors…
The IMF flags Egypt’s financing needs as a key risk, even as the review clears USD 1.8 bn
Gross financing needs are set to peak at 42% of GDP this fiscal year
The IDA opens its first tender under the new lease-to-own system for industrial land
Good morning, friends. We have two stories for you today about how Egypt is managing risk — broadly in its…
What the markets are doing on 13 August 2026
The EGX30 rose 0.4% at today’s close on turnover of EGP 14.1 bn (36% above the 90-day average). Local investors…
What the markets are doing on 12 August 2026
The EGX30 rose 0.4% at today’s close on turnover of EGP 16.4 bn (60.0% above the 90-day average). Local investors…
GSK shares rally on parent company news and retail momentum; other pharma firms follow
A 670% jump in GSK Egypt’s share price — fueled by news belonging to its UK parent — suggests retail…
What the markets are doing on 11 August 2026
The EGX30 fell 0.1% at today’s close on turnover of EGP 18.6 bn (84.1% above the 90-day average). International investors…
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