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Jumia flags Egypt as a top investment destination, looking at everything from digital payments to last-mile delivery
Africa-focused e-commerce giant Jumia plans to invest over USD 590 mn in Egypt and other African countries over the upcoming…
A deadline for companies that haven’t pulled the trigger on their IPOs
BdC is one of at least four companies that now face a year-end deadline to go public. The news comes…
Go with the flow on 10 June
The EGX30 fell 0.6% at today’s close on turnover of EGP 1.33 bn (2.5% above the 90-day average). Foreign investors…
Ebtikar sets IPO deadline by 4Q2021
Ebtikar has narrowed the deadline for its planned EGX debut to 4Q2021, after having eyeda larger window within 2H2021 to…
Corporate bonds can now be traded intraday on the EGX
EGX-listed corporate bonds are now eligible for intraday trading under a decisionpublished yesterday by the Financial Regulatory Authority that aims…
Ghazl El Mahalla FC could move ahead with its IPO in 2 months
Ghazl El Mahalla’s IPO could go to market in the next two months as the club finalizes procedures with the…
Egypt Post’s private equity arm could be heading to the EGX
Egypt Post plans to debut its private equity arm Post for Investment (PFI) on the EGX, Chairman Sharif Farouk said…
CHG’s bottom line shoots 23% y-o-y in 1Q2021 as group plans expansions
EARNINGS WATCH- Cleopatra Hospital Group (CHG) reported a bottom line of EGP 108 mn in 1Q2021, up 23% y-o-y over…
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