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The market on 5 July, 2022
The EGX30 fell 0.33% at today’s close on turnover of EGP 953.9 mn (13.4% above the 90-day average). Local investors…
THIS MORNING: EGX falls to lowest level since November 2016; MPs break for recess tomorrow
It’s hump day on the last week before Eid, ladies and gentlemen. That may just be enough to make up…
TONIGHT: Public sector workers take a week off for Eid + EGX avalanche and House sprints to the summer recess.
We can hear the screams of joy of every public sector worker, ladies and gentlemen, as the Madbouly cabinet announced…
The Market on 3 July 2022
The EGX30 fell 2.4% at today’s close on turnover of EGP 556.88 mn (32.7% below the 90-day average). Local investors…
EFG Hermes again tops the EGX brokerage league table in June
EFG Hermes once again topped the EGX’s brokerage league table in June, with a market share of 24.9%, according to…
Ghazl El Mahalla IPO could be extended
Subscription to the retail offering in Ghazl El Mahalla’s IPO has been extended until 13 August due to weak investor…
…As we have stories like these
Court strikes down case against Qatari + other Arab investors: An Egyptian court last week acquitted a number of Arab…
Business community holds its breath as competition authority jockeys for more power to regulate M&A
WHAT’S GOING ON with amendments to the Competition Act? Debate of legislation that would give the Egyptian Competition Authority (ECA)…
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