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Giant US retailers mull going private as tariff tensions bite
Trump's trade war wreaked havoc on retailers’ valuations
Valu shares to start trading the last week of June
EFG Holding shareholders are in line for a USD 64 mn windfall
What the markets are doing on 27 May 2025
The EGX30 rose 1.5% at today’s close on turnover of EGP 5.2 bn (10% above the 90-day average). Regional investors…
China could soon have some global banking giants of its own to match Wall Street
Chinese President Xi Jinping called for efforts to help create “a few top-ranked investment banks and investment entities”
What the markets are doing on 26 May 2025
The EGX30 fell 0.3% at today’s close on turnover of EGP 4.1 bn (11.6% below the 90-day average). Local investors…
Trump’s push for made-in-America iPhone could double prices for consumers
A 25% tariff on imported iPhones could double prices, pushing the price to USD 2k and upwards
What the markets are doing on 25 May 2025
The EGX30 rose 0.2% at today’s close on turnover of EGP 4.2 bn (10.1% below the 90-day average). Local investors…
BTC surpasses USD 110k for first time amid stablecoin bill progress
The cryptocurrency’s gains came as US stocks and bond markets saw a sell-off
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