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NBK Egypt a step closer to delisting, Telecom Egypt making bank
NBK Egypt board agrees to EGX delisting: The board of directors at the National Bank of Kuwait (Egypt) has agreed…
Following its IPO success, Taaleem is in market for an acquisition
Higher education outfit Taaleem could potentially acquire an unnamed local education provider, Managing Director Mohamed El Rashidi reportedly told Al…
CBE, EGX confirm Thursday holiday; Solid 2Q Aramco earnings; Tokyo 2020 is over; China to ship 2 bn vaccines;
Good afternoon, ladies and gentlemen. After an uncharacteristically busy first week of August, it seems we’re right back down to…
It’s the global earnings watch edition
GLOBAL EARNINGS WATCH- Gold miner operator Centamin saw its 1H2021 profits after tax fall 20% y-o-y to USD 59.5 mn,…
Mercedes’ local partner plans EGP 1 bn bond issuance to enter EV market
A EGP 1 bn bond issuance could help Mercedes’ local partner enter the EV market: The National Automotive Company (NATCO)…
Odin targets EGP 200 mn first close for joint fund with Kasb
OdinInvestments is targeting a EGP 200 mn first close for its EGP 500 mn joint equity fund with Saudi’s Kasb…
Turnover breaks EGP 2 bn mark in today’s trading
The EGX30 rose 0.1% at today’s close on turnover of EGP 2.37 bn (47.2% above the 90-day average). Foreign investors…
What can you send “to the moon”
The EGX has changed up its list of shares eligible for same-day trading, margin trading and short-selling as part of…
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