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Arrest of main Erdogan challenger shakes the TRY, Borsa Istanbul 100
Turkey’s central bank tore through a record USD 11.5 bn on the day of the arrest to try to stabilize…
What the markets are doing on 20 March 2025
The EGX30 rose 1.1% at today’s close on turnover of EGP 3.7 bn (3.9% above the 90-day average). Foreign investors…
Fed holds rates steady, warns of rising inflation and slower economic growth
The Fed lowered its GDP growth forecast for the US to 1.7%, down from 2.1%
Fawry got an Islamic financing license from the FRA
PLUS- Siemens Gamesa, EETC to set up a 500 MW wind farm in the Gulf of Suez
Azimut partners with MNT-Halan to launch a EGP 250 mn real estate investment fund
The company aims to grow the fund’s size to EGP 2 bn within two years
Beltone, Thndr, Telda can now carry out the full suite of securities brokerage activities online
PLUS- Beltone plans to launch five new funds
Madbouly confirms gov't looking for a new valuation for Banque du Caire
The state still hasn't decided how big a stake it will offer, saying the valuation will factor in its decision
Valu could hit the EGX as soon as June — and EFG Holding shareholders are getting a piece of it
Shareholders of EFG Holding are directly in line for a USD 63 mn windfall from the transaction
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