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What the markets are doing on 17 October 2024
The EGX30 fell 1.3% at today’s close on turnover of EGP 3.8 bn (8.9% below the 90-day average). Local investors…
Unnamed bidder wants 49% of Raya Foods for USD 40 mn
Good afternoon, friends, and a very happy Thursday to you all. We’re gearing up for the weekend after a long…
Amid rising interest rates, Middle East sustainable bond issuance drop in 9M 2024
Sustainable sukuk issuances in the region remained essentially flat at USD 6.1 bn in 9M 2024
Egypt’s USD debt catches the attention of investors and the international press
Egypt’s USD debt attracted renewed investor interest as traders returned after a US bond market holiday, Bloomberg wrote. Egypt and…
United Bank submits request to list shares on the EGX
The bank is planning to list 1.1 bn shares with a nominal value of EGP 5 per share
What the markets are doing on 16 October 2024
The EGX30 fell 0.1% at today’s close on turnover of EGP 5.2 bn (25.7% above the 90-day average). International investors…
Global debt outlook “worse than expected,” IMF says
Public debts are expected to exceed 100% of global GDP by 2030
What the markets are doing on 15 October 2024
The EGX30 rose 1.0% at today’s close on turnover of EGP 4.7 bn (14.7% above the 90-day average). Local investors…
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