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Sky, Reliance Logistics in talks with BdC to fund multipurpose terminal at East Port Said port. Plus: Banque Misr land sale
Plus: The Egyptian Holding Company for Silos and Storage wants to borrow EGP 5 bn to fund silo expansion
EFG Hermes closes CIRA’s second future flow issuance
The issuance is part of a larger EGP 2 bn future flow securitized bond program
ADQ finalizes acquisition of stakes in state-run petchem, drilling companies
The Emirati wealth fund acquired 25-35% stakes in the three state-run firms for USD 800 mn
What are the markets doing on 31 October 2023
The EGX30 fell 3.8% at today’s close on turnover of EGP 4.7 bn (98.1% above the 90-day average). Foreign investors…
THIS EVENING: Abu Dhabi’s ADQ wraps up acquisitions in three state-owned companies
Good afternoon friends, and welcome to this Tuesday-hump-day. Despite the regional war steering the local and international news we have…
Dubai’s taxi business to IPO next month
Dubai’s Road and Transport Authority is looking to raise USD 300 mn from the listing
What the markets are doing on 30 October 2023
The EGX30 rose 1.5% at today’s close on turnover of EGP 5.0 bn (111.9% above the 90-day average). Local investors…
Gaza escalation fears continue to shape global markets, but not so much in the Middle East
Some traders are entering into options contracts wagering USD 100 a barrel oil
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