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What the markets are doing on 21 October 2025
The EGX30 fell 0.7% at today’s close on turnover of EGP 5.9 bn (29.3% above the 90-day average). Local investors…
Gold rally lifts emerging markets as miners, currencies, and confidence surge
HSBC raised its 2025 average gold price forecast to USD 3.4k per ounce
Petrojet secures USD 1 bn contract to develop Algerian oil field
PLUS- Middle East Glass’ general assembly approved the merging of three of its subsidiaries into the company
Electra parent company Sagasse hits regulatory wall in Elsewedy takeover push
The proposed structure violates market fairness and investor protection principles, according to the FRA
What the markets are doing on 20 October 2025
The EGX30 rose 0.2% at today’s close on turnover of EGP 7.0 bn (54% above the 90-day average). Local investors…
First Brands’ fallout sparks alarm in USD 2 tn leveraged loan market
First Brands issued over USD 5 bn in loans, which are now trading at cents on the dollar, with a…
Visa to expand operations in Cairo
PLUS- Post for Investment’s PFI Asset Management has launched its first sponsored mutual fund
Gabal El Zeit wind farm to hit EGX before year-end
Procedures are already in motion to float 30-40% of the company
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