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What the markets are doing on 27 November 2024
The EGX30 fell 1.5% at today’s close on turnover of EGP 2.8 bn (33.4% below the 90-day average). Egyptians investors…
United Bank set to raise EGP 4.6 bn as retail placement kicks off
Good afternoon all you wonderful people, and happy Wednesday. The new cycle has finally revved up for the week —…
In a trade war, there are no winners, cautions China following Trump’s tariff pledges
Trump pledged on Monday to impose tariffs of 25% on all imports coming from Mexico and Canada, along with a…
What the markets are doing on 26 November 2024
The EGX30 rose 0.1% at today’s close on turnover of EGP 3.1 bn (26.4% below the 90-day average). Regional investors…
How will the incoming Trump administration affect the markets?
The USD’s post-election honeymoon is forecast to be a short-term thing as it becomes apparent that is both overvalued and…
Souhoola closes first EGP 478 mn securitized bond issuance
The issuance is the first in a EGP 3.5 bn program
What the markets are doing on 25 November 2024
The EGX30 fell 0.4% at today’s close on turnover of EGP 3.7 bn (12.4% below the 90-day average). International investors…
A stronger USD could spell trouble for emerging market bonds
Investors have pulled some USD 5 bn from EM bonds in the first half of the month
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