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LG is setting up a USD 150 mn refrigerator line in its Tenth of Ramadan factory
The new production line is in the preparation phase
United Bank to temporarily list 1.1 bn shares on the EGX starting today
The bank will temporarily list EGP 5.5 bn worth of shares
Private investors to manage five major Egyptian airports in the first phase of privatization plans
The airports will remain under the sovereignty of the Egyptian state
What the markets are doing on 23 October 2024
The EGX30 was almost flat at today’s close on turnover of EGP 5.8 bn (39.6% above the 90-day average). Regional…
We now have a list of the first five airports to be offered for operation, management by private players
Good afternoon, folks, and a happy almost weekend to you all. THE BIG STORY TODAY Five major airports slated for…
HSBC’s Mideast operations will report in to Asia as bank launches ambitious restructuring
New CEO Georges Elhedery, a regional veteran, launches the biggest shakeup of Europe’s largest lender in more than a decade
The FRA has new securitization regulations
The FRA is working to create a more investment-friendly environment
What the markets are doing on 22 October 2024
The EGX30 fell 0.1% at today’s close on turnover of EGP 5.0 bn (22.5% above the 90-day average). Local investors…
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