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What the markets are doing on 23 May 2024
The EGX30 fell 0.1% at today’s close on turnover of EGP 5.3 bn (8.5% above the 90-day average). Regional investors…
Emerging markets’ credit ratings are on the up at last
Three-quarters of sovereign credit rating movements in 2024 have been in a positive direction
Wataniya gets seven suitors + SFE’s industry sub-fund to launch in July
The government is filtering the offers for the long-awaited stake sale and will select one soon
What the markets are doing on 22 May 2024
The EGX30 remained flat at today’s close on turnover of EGP 4.0 bn (17.3% below the 90-day average). International investors…
THIS EVENING: Wataniya gets seven local and international suitors to acquire the state-owned fuel retailer
Good afternoon folks, happy almost-Thursday. The newscycle is starting to pick up as we come close to the end of…
Crypto gains on ETF optimism
Ether jumps on exchange-traded funds speculation: ETH approached its biggest two-day gain in nearly two years as traders await US regulators'…
What the markets are doing on 21 May 2024
The EGX30 was essentially flat at today’s close on turnover of EGP 5.7 bn (16.8% above the 90-day average). Regional…
Top US official voices opposition to global wealth tax
US Treasury Secretary Janet Yellen said that the US will not back a proposal to tax the annual wealth of…
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