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TONIGHT: El Sisi talks vaccines for minors, covid-19 fourth wave + Freshly baked croissant at Miette
Summer is well and truly done with, ladies and gentlemen, as the newsflow moves from a trickle to a shower…
EGX30 up 4.2% YTD
The EGX30 rose 0.2% at today’s close on turnover of EGP 1.86 bn (20% above the 90-day average). Local investors…
CIBC tops EGX brokerage league table in August
Commercial International Brokerage Company knocked EFG Hermes off the top of the EGX’s brokerage table in August, gaining a 18.9%…
New closing share price mechanism will come on 5 September
MARKET NEWS- The date for instituting the new mechanism for calculating closing share prices has been moved to Sunday, 5…
Foreign investor launches takeover bid for Galina
An unnamed foreign investor has launched a takeover bid for Galina Holding, submitting a bid for 100% of the company,…
Abu Qir net income up 30% in 2020-2021
Abu Qir Fertilizers’ net income rose 30% during FY2020-2021, clocking in at EGP 3.5 bn compared to EGP 2.7 bn…
Small caps have until the end of the month to get a nominated adviser
The EGX is giving all listed small caps until 31 August to appoint a nominated adviser, according to a press…
THIS MORNING: Mandatory vaccines for students over 18 + Elon Musk is making humanoid robots
Good morning, everyone, and welcome to a busy news day as we kick off this last full workweek of August.…
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