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What to expect from the debt market in early ‘21
Five companies are planning seven securitized bond issuances worth a combined EGP 9.3 bn in the near future, Financial Regulatory…
Ghazl El Mahalla could become the first sports club to hit the EGX in 1Q2021
Ghazl El Mahalla could sell shares in an initial public offering on the EGX as soon as 1Q2021, Public Enterprises…
What the markets are doing on 9 December 2020
The EGX30 rose 0.2% yesterday on turnover of EGP 1.6 bn (27.4% above the 90-day average). Foreign investors were net…
The rundown on yesterday’s cabinet meeting
A recent revamp of the standardized Thanaweya Amma exam received a nod from cabinet in its weekly meeting yesterday. The…
What the markets are doing on 8 December 2020
The EGX30 fell 0.3% yesterday on turnover of EGP 1.8 bn (27.1% above the 90-day average). Regional investors were net…
Central bank extends PoS drive
The Central Bank of Egypt is pushing ahead with a plan to have 1 mn point of sale machines in…
Loyalty app Zeal Rewards secures undisclosed seed funding
Egypt and UK-based e-payments and loyalty app Zeal Rewards has secured an undisclosed amount of seed funding from an unnamed…
NBFS player Ebtikar plans 1Q2021 IPO
Ebtikar plans to list a 25-30% stake when it makes its EGX debut in 1Q2021, thelocal press reports, citing people…
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