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What the markets are doing on 23 June 2025
The EGX30 rose 1.2% at today’s close on turnover of EGP 5 bn (4.7% above the 90-day average). Local investors…
Institutional appetite for BTC picks up
The cryptocurrency has clawed back post-tariff losses from the spring and has climbed over 50% since US President Donald Trump’s…
Valu kicks off trading on the EGX today with Amazon set to become its newest direct shareholder
Amazon will soon be able to boast a 3.95% stake in the local fintech giant
What the markets are doing on 22 June 2025
The EGX30 rose 2.7% at today’s close on turnover of EGP 3.1 bn (33.9 % below the 90-day average). Local…
Not exactly selling America…
Foreign holdings stood at USD 9.0 tn, just shy of March’s all-time high
What the markets are doing on 19 June 2025
The EGX30 fell 1.9% at today’s close on turnover of EGP 4.5 bn (5.8% below the 90-day average). Foreign investors…
Fed stays the course on its wait-and-see approach amid rising economic uncertainty
The Fed now expects weaker economic growth and higher unemployment
The European Parliament gives its final greenlight to EUR 4 bn loan. PLUS: iSchool, State Grid, CI Capital, EgyptAir
A total of 386 out of 567 MEPs voted in favor of approving the loan
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