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Post for Investment sees revenue and income jump over 30% y-o-y in 2023. PLUS: National Bank of Egypt subsidiary to set up country’s third gold fund
Post for Investment saw its net income climb 32.4% y-o-y to EGP 664 mn in 2023
What the markets are doing on 17 April 2024
The EGX30 rose 0.9% at today’s close on turnover of EGP 4.8 bn (4.2% below the 90-day average). Foreign investors…
Activity in China’s capital markets is on a downward spiral
Mainland IPOs along with follow-on and convertible share offerings fell to the lowest number ever recorded in the first four…
What the markets are doing on 16 April, 2024
The EGX30 fell 0.7% at today’s close on turnover of EGP 4.5 bn (10.1% below the 90-day average). Local investors…
European Central Bank will likely cut rates this summer
The ECB kept rates unchanged when it met last Thursday
Bidding for the second half of the Zafarana wind farm to open in 2H 2024
Good morning, friends. In today’s issue, we’ve got news of the World Bank downgrading our growth forecast for the current…
What the markets are doing on 15 April 2024
The EGX30 closed with a 3.9% gain in the first session after Eid break on turnover of EGP 4.8 bn…
Faster approvals, simpler structure, and more impact will be hallmarks of World Bank, its chief says
The group wants to cut its 19-months approval process by a third by mid 2025
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