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Valu closes EGP 667 mn securitized bond issuance
The issuance is the second under a new EGP 16 bn securitization program
Gov’t lays out privatization targets for fiscal year
Good morning, folks. Unlike the weather, local business news is continuing to heat up this week. In another packed issue…
What the markets are doing on 17 November 2024
The EGX30 fell 0.7% at today’s close on turnover of EGP 2.8 bn (33.9% below the 90-day average). Egyptian investors…
Xi pledges to work with Trump administration during meeting with Biden
Good morning folks, and welcome to a new workweek. We have a busy day of local and international news for…
Gold sees worst weekly drop in over three years amid post-US election market reset
Gold prices are down 6.6% already this month
What the markets are doing on 14 November 2024
The EGX30 rose 0.2% at today’s close on turnover of EGP 3.4 bn (19.9% above the 90-day average). Local investors…
Traders still see the Fed slashing rates at next meeting despite US inflation edging up
US inflation saw a slight increase in October to 2.6%
What the markets are doing on 13 November 2024
The EGX30 fell 0.5% at today’s close on turnover of EGP 3.9 bn (8.2% below the 90-day average). International investors…
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