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What the markets are doing on 27 November 2023
The EGX30 rose 2.4% at today’s close on turnover of EGP 4.8 bn (69.8% above the 90-day average). Foreign investors…
Emerging-market assets are having a great November. That might not last.
A rosy performance on emerging-market assets should be tempered with caution: Emerging-market assets are on track for their best month…
Hassan Abdalla reappointed CBE governor + Ahmed Galal joins AUC Board
#1- Hassan Abdalla gets another year as CBE governor: President Abdel Fattah El Sisi has reappointed Hassan Abdalla as the…
What the markets are doing on 26 November, 2023
The EGX30 fell 0.9% at today’s close on turnover of EGP 3.66 bn (30.6% above the 90-day average). Regional investors…
US gives Gulf wealth funds the side-eye over China dealings
US cracks down on Beijing influence via Middle East deals: Gulf sovereign wealth funds undertaking acquisitions in the US are…
Bids roll in for the FRA’s credit rating license. PLUS: Arab agri investment, Megamind, and Gulf nations
Three consortiums have submitted bids for the FRA’s credit rating license
ACUD could raise more than EGP 150 bn from its planned EGX IPO
The ACUD is also mulling a dual listing
What the markets are doing on 22 November 2023
The EGX30 rose 1.0% at today’s close on turnover of EGP 4.5 bn (63.1% above the 90-day average). Regional investors…
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