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What we’re tracking on 13 April 2020
Good morning, friends. Only four more days until our four-day weekend. Banks and the stock exchange are closed on Sunday…
What if we could start from scratch? What would we build?
Dear friends, The EGX, DFM and Tadawul have all given listed companies extensions of one form or another on their…
Short selling in Egypt remains anemic, despite potential for covid profits
Short selling in Egypt has remained anemic since the mechanism was launchedon the EGX in December, Misr for Central Clearing,…
What we’re tracking on 7 April 2020
SMART POLICY- Companies have until 30 June to finish paying their income taxes for 2019 under a decree signed yesterday…
Egypt’s cabinet greenlights investor protection fund intervention
Cabinet greenlights investor protection fund intervention: The Madbouly Cabinet has approved a proposal from the Financial Regulatory Authority (FRA) to…
EFG Hermes tops Egypt’s brokerage league table in March
EFG Hermes topped the EGX’s brokerage league table in March with a market share of 27.3%, according to EGX figures…
EGX slips back into the red, closing down 1.5%
The EGX30 slipped back into the red yesterday, closing down 1.5% to resume a spell of volatility that has gripped…
Naguib Sawiris channels his Inner Donald on the impact of social distancing on the economy
Naguib Sawiris dropped in to Al Kahera Alaan to offer his two cents on the state of the economy as…
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