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What the markets are doing on 22 August, 2022
The EGX30 fell 0.9% at today’s close on turnover of EGP 1.54 bn (47.6% above the 90-day average). Foreign investors…
Zilla Capital is setting up an activist fund
Investment firm Zilla Capital plans to launch an EGP 2 bn activist equity investment fund during the fourth quarter of…
Hassan Abdalla is the new acting governor of the Central Bank of Egypt
Meet the CBE’s new acting chief: President Abdel Fattah El Sisi appointed Hassan Abdalla (bio), the former vice-chairman and managing…
Earnings watch: Mopco reports 2Q 2022 results
EARNINGS WATCH- Misr Fertilizers Production Co. (MOPCO)’s net income came in at EGP 1.65 bn in 2Q 2022, a 19%…
Domty shareholders have four weeks to sell stakes to Expedition
Subscription for Expedition Investment’s bid for a chunk of Domty kicks off today. Shareholders in cheesemaker Domty have until Wednesday,…
Aman / Taqa fintech to launch in 4Q, IDH’s CEO ups stake in company
Aman + Taqa’s fintech venture to launch in 4Q 2022: Raya Holding subsidiary Aman and Qalaa Holdings’ Taqa Arabia hope…
What the markets are doing on 16 August, 2022
The EGX30 fell 0.7% at today’s close on turnover of EGP 1.25 bn (36.2% above the 90-day average). Local investors…
Ghazl El Mahalla has another two weeks to land its micro-IPO
The retail component of Ghazl El Mahalla’s IPO has been extended for another two weeks until 28 August due to…
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