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Gov’t to close bidding for Wataniya soon + Gabal El Zeit wind farm next in line
The government plans to sell at least 10% in Wataniya
What the markets are doing on 6 February, 2024
The EGX30 fell 1.4% at today’s close on turnover of EGP 7.5 bn (111% above the 90-day average). Local investors…
OECD sees the global economy growing at a 2.9% clip this year
A more optimistic global growth outlook: OECD has revised upwards its 2024 world growth forecast to 2.9% from November’s 2.7%…
What the markets are doing on 5 February 2024
The EGX30 rose 0.3% at today’s close on turnover of EGP 6.6 bn (88% above the 90-day average). Egyptian investors…
China’s fresh promises to rejuvenate its faltering stock market may not be enough
Investors seem to be giving up on China’s stock market: Over 40% of investors surveyed at a Goldman Sachs conference…
What the markets are doing on 4 February 2024
The EGX30 fell 3.0% at today’s close on turnover of EGP 5.1 bn (46.4% above the 90-day average). Local investors…
Erdogan taps new central bank governor
Turkey has a new central bank governor: Turkish President Recep Tayyip Erdogan has appointed Fatih Karahan (bio) as the new…
EIPICO, Ibnsina Pharma, Delta Sugar join EGX30 after index review + EFG tops Egypt brokerage league table in January
CIRA Education, Credit Agricole, and B Investments were removed from the EGX30
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