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Egypt could soon welcome its first SPAC. PLUS: News from NREA, Raya, New Jersey Developments
Catalyst Partners has applied for a SPAC license
Emaar Misr, B Investments, Credit Agricole, and more join EGX30 after index review
The shariah-compliant index also saw new entries
What the markets are doing on 30 July 2024
The EGX30 rose 0.7% at today’s close on turnover of EGP 4.7 bn (23.9% above the 90-day average). Local investors…
Fed seen leaving rates on hold as two-day meeting gets underway today
Plus: Is China targeting comp for fund managers and bankers?
What the markets are doing on 29 July 2024
The EGX30 fell 0.6% at today’s close on turnover of EGP 3.4 bn (11.4% below the 90-day average). Local investors…
Dual-class share structures come to the LSE today + central bankers meet this week in Washington, London, and Tokyo
Plus: Apple is seen pushing its new AI features to updates that will start trickling out in October
FRA amends SPAC listing rules
SPACs must apply to list on the EGX within one month of obtaining their license from the FRA
What the markets are doing on 28 July 2024
The EGX30 fell 0.2% at today’s close on turnover of EGP 2.5 bn (34.3% below the 90-day average). Local investors…
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