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Gov’t appoints Compass Capital to promote its stake in EPP + TMG’s Icon finalizes acquisition of 51% in Legacy hotels
Compass will promote part of the government’s 22% stake in EPP to investors in the Gulf and China
What the markets are doing on 11 February, 2024
The EGX30 fell 0.8% at today’s close on turnover of EGP 4.8 bn. Regional investors were net sellers. The index…
Is another US banking crisis brewing? Here’s what you need to know.
It’s looking gnarly out there for bankers in the United States and investors in their stocks.Here’s what’s on everyone’s mind:…
Egypt could retain 20% in Ras El Hekma following sale to Gulf investor
The cabinet is currently reviewing “investment offers for important projects that are expected to generate huge resources of foreign currency”
What the markets are doing on 8 February, 2024
The EGX30 rose 1.8% at today’s close on turnover of EGP 4.9 bn (34.2% above the 90-day average). Foreign investors…
Turkey Wealth Fund’s debut international bond issuance was 14x overscribed
Central bank turbulence has not swayed investors away from Turkey: Turkey’s sovereign wealth fund’s debut international bond issuance was met…
What the markets are doing on 7 February, 2024
The EGX30 rose 2.3% at today’s close on turnover of EGP 6.3 bn (74.1% above the 90-day average). Foreign investors…
Chinese stocks rally after hitting five-year lows
Chinese stocks rally on hopes of regulatory changes: After a turbulent few months that pushed China’s main indices to five-year…
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