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Big banks rush into stablecoins
Stablecoin transactions hit USD 710 bn last month, up from USD 521 bn a year ago
Gov’t readies new incentive package for listing on the EGX
Reduced taxation on new listings is among the incentives
What the markets are doing on 11 March 2025
The EGX30 fell 0.7% at today’s close on turnover of EGP 3.2 bn (8.9% below the 90-day average). Local investors…
US trade war could trigger more expansionary monetary and fiscal policies globally
Central banks can slash interest rates to boost economic activity and combat tariffs
Banque Misr wants USD 1.2 bn in exchange for 45% of Banque du Caire
Emirates NBD is currently conducting its due diligence of the bank
What the markets are doing on 10 March 2025
The EGX30 rose 0.02% at today’s close on turnover of EGP 3.5 bn (0.5% below the 90-day average). International investors…
All eyes are on US inflation data this week, while China faces deflationary pressures
US core CPI likely rose 0.3% in February, while China’s CPI fell 0.7%
What the markets are doing on 9 March 2025
The EGX30 rose 0.6% at today’s close on turnover of EGP 3.5 bn (0.1% below the 90-day average). Local investors…
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