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What the markets are doing on 12 December
The EGX30 rose 0.2% at today’s close on turnover of EGP 4.5 bn (7.2% above the 90-day average). Egyptian investors…
A US trade war could force the ECB to bring rates back down to emergency levels
The ECB’s deposit rate could fall to 1.75%
Korra Energi temporarily to list shares on the EGX today ahead of upcoming IPO
Korra will list EGP 450 mn worth of shares on the EGX
Government to offer up stakes in ten companies to strategic investors and on the EGX in 2025
Madbouly named Chill Out and Silo Foods as the two other military-linked companies heading to the EGX
What the markets are doing on 11 December 2024
The EGX30 rose 0.4% at today’s close on turnover of EGP 3.7 bn (36.4% below the 90-day average). Regional investors…
Complex finance hit its highest level since before the 2008 financial crisis
The structured finance boom is driven by investors seeking higher yields
Hassan Allam Utilities to invest in and develop King Abdullah Economic City off-port terminal. PLUS: Madinet Masr, EFG Hermes, Majid Al Futtaim + Empower, ABB Group
The terminal will include “container yards and warehousing facilities, delivering flexible and integrated logistics solutions tailored to a wide range…
United Bank’s shares rise 3.2% in EGX debut
This marks only the second post-IPO EGX debut this year
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