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EGX sell-off slows following CBE’s surprise rate cut
EGX sell-off slows following CBE’s surprise rate cut: The benchmark EGX30 index dipped again yesterday, but at a slower pace…
Gov’t cuts EGX taxes, energy prices to support businesses through covid-19 outbreak
Gov’t cuts EGX taxes, energy prices to support businesses through covid-19 outbreak: The government has announced a package of fiscal…
Market volatility nears record levels as US stocks suffer biggest one-day loss since 1987
Market volatility nears record levels as US equities suffer biggest one-day loss since 1987: The volatility in the US stock…
EGX sell-off continues as shares fall 7%
The selloff on the EGX continued yesterday, tripping circuit breakers yet again: The sell-off on the EGX continued at pace…
Global markets suffer worst day’s trading since the 2008 crash
Global markets suffer worst day’s trading since the 2008 crash: US and European stock markets saw their worst single-day losses…
What we’re tracking on 8 March 2020
Egypt has 48 confirmed covid-19 cases, the Health Ministry confirmed over the weekend, 45 of them passengers and crew on…
Global stocks rebound on stimulus hopes
Global stocks rebound on stimulus hopes: US stocks surged yesterday on hopes that central banks around the world will launch…
Egyptian stocks hold steady following Sunday’s rout
Egyptian stocks hold steady following Sunday’s rout: Egyptian equities stabilized yesterday as global markets rebounded from last week’s sell-off on…
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