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Vanguard worries US regulators could put caps on the stakes passive funds take in banks and utilities
Passive funds are under fire from the left for failure to act on climate and on the right for practicing…
What the markets are doing on 24 July 2024
The EGX30 fell 0.4% at today’s close on turnover of EGP 3.8 bn (3% below the 90-day average). Local investors…
Ins. industry braces for a torrent of claims after CrowdStrike goof
Some say it was too early to determine an estimate for the economic damage
The retail tranche of Act Financial’s IPO was 54.8x oversubscribed
Some 26k subscribers participated in the retail tranche of the offering
What the markets are doing on 23 July 2024
The EGX30 rose 0.7% at today’s close on turnover of EGP 4.3 bn (9.7% above the 90-day average). Local investors…
Act Financial’s retail subscription closes with 55x oversubscription rate
Good afternoon, friends. It’s an unusually quiet news day at home as the long weekend inches closer. There are just…
The bad habits of NBFIs are a growing threat to the global financial system, watchdog warns
NBFIs including hedge funds and finance companies control about half of the assets under management in the global financial system
Compass Capital’s Bonyan mulls IPO
Bonyan reportedly plans to list its shares by year-end
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