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Act Financial eyes IPO in 2Q 2024
The company could tap a consultant for its long-awaited IPO within days
Concrete Fashion Group to hit EGX today
Good morning, friends. It’s shaping up to be another busy week, with everything from updates on Egypt’s strategic partnership with…
What the markets are doing on 21 March 2024
The EGX30 rose 1.6% at today’s close on turnover of EGP 3.7 bn (25.3% below the 90-day average). Local investors…
Fed keeps rates unchanged, signals rate cuts are coming
The Fed cited solid expansion of economic activity, elevated but easing inflation, and strong job gains for its decision
Valu plans to IPO within a year + Jordan expansion pushed back
EFG Hermes will act as the financial advisor for the transaction
What the markets are doing on 20 March 2024
The EGX30 fell 0.3% at today’s close on turnover of EGP 3.1 bn (36% below the 90-day average). Local investors…
Japan hikes rates for first time in 17 years
The Bank of Japan increased its rates to 0-0.1%
What the markets are doing on 19 March 2024
The EGX30 fell 1.4% at today’s close on turnover of EGP 4.0 bn (18.8% below the 90-day average). Foreign investors…
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