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What the markets are doing on 13 February, 2023
MARKET WATCH- Abu Qir Fertilizers and Chemicals Industries Company’s net income rose 132.9% y-o-y to EGP 4.5 bn in 4Q…
Three global firms reportedly eyeing contract for Metro Line 1 upgrades
TRANSPORT- Three international companies have their sights set on developing Metro Line 1: Germany’s Siemens and French firms Alstom and…
THIS MORNING: EGYPS rolls on + EGX, SFE, and El Sisi all in the Gulf
Good morning, wonderful people, and a very happy Monday. THE BIG STORY here at home this morning: Privatization is still…
What the markets are doing on 12 February, 2023
The EGX30 fell 1.9% at today’s close on turnover of EGP 1.8 bn (3.6% below the 90-day average). Foreign investors…
THIS MORNING: The EGX just had its best day in three months + EGP falls again against the greenback
Good morning, wonderful people. We have a packed issue for you on this cold Sunday morning, setting the tone for…
What the markets are doing on 9 February, 2023
The EGX30 rose 3.9% at today’s close on turnover of EGP 2.5 bn (35% above the 90-day average). Foreign investors…
What the markets are doing on 8 February, 2023
MARKET NEWS- Raya Holding for Financial Investments is paying out dividends of EGP 0.035 per share on its earnings from…
Gov’t wants to encourage sports companies to go public — and huge licensing fees probably isn’t the way to do it
The amendments would pave the way for sports institutions to set up investment companies
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