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The Suez Canal Authority hasn’t given up on its IPO plans
The SCA still wants to take some of its companies public: The Suez Canal Authority (SCA) is considering listing three…
Edita launches new share buyback program
Edita announces share buybacks: Edita will buy back 5% of its shares over the next two months in a bid…
The market on 2 August 2022
The EGX30 rose 0.2% at today’s close on turnover of EGP 343,84 mn (57.7% below the 90-day average). Foreign investors…
EFG Hermes tops EGX brokerage table in July
EFG Hermes once again topped the EGX’s brokerage league table in July, with a market share of 16.7%, according to…
The market on 1 August 2022
The EGX30 fell 0.5% at today’s close on turnover of EGP 1.11 bn (26.8% above the 90-day average). Foreign investors…
FRA could double EGX freefloat requirements to boost liquidity
FRA could double EGX freefloat requirements: The Financial Regulatory Authority (FRA) is studying the possibility of increasing the minimum freefloat…
Earnings watch: Abu Qir Fertilizers reports FY 2021-2022 results
EARNINGS WATCH- Abu Qir Fertilizers saw a 157.5% y-o-y increase in its net income after tax to EGP 9.05 bn…
State IPOs may be possible this year, but first sukuk could be sold at home –Maait
The government is still holding out hope that it could sell stakes in as many as 10 companies before the…
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