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World Bank sees global growth slowing to a near two decade low in 2025
The 2.3% global growth forecast would mark the slowest rate of growth in almost 17 years
EGX33 outperforms the EGX30 in its first year since launch
Good morning, folks. We’re ending this shorter than usual workweek with the World Bank’s latest GDP forecasts for Egypt, the…
What the markets are doing on 11 June 2025
The EGX30 rose marginally at today’s close on turnover of EGP 5.3 bn (12.0% above the 90-day average). International investors…
Societe General becomes first bank to launch USD-backed stablecoin
The USD CoinVertible will be tradable from July
Planned EGX stamp tax to be accompanied with tax, investment incentives
The incentives aim to encourage more companies to list on the exchange and for others to increase their market capitalization
What the markets are doing on 10 June 2025
The EGX30 rose 0.7% at today’s close on turnover of EGP 5.3 bn (10.5% above the 90-day average). Local investors…
Stamp tax on EGX transactions heads to the House next month
Good afternoon, friends and welcome back. It has been a pretty quiet day on the business front and we expect…
Emerging market bond sales surge amid opportunistic rush to debt markets
EM bond sales hit a four-year high, driven by a weaker USD and yield demand
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