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Cabinet renews upcoming Samurai issuance approval, renewable energy decisions
The Finance Ministry is prepping a USD 500 mn JPY-denominated bond issuance for next month
What the markets re doing on 24 October, 2023
The EGX30 fell 0.9% at today’s close on turnover of EGP 4.7 bn (108.9% above the 90-day average). Local investors…
Capital is leaving China at the fastest pace since 2016
The country’s currency is facing renewed pressure after investors pulled USD 75 bn in net outflows in September
A new EGX trading system, real estate exchange incoming for 2024
Efforts to boost short selling are also in the works
What the markets are doing on 23 October, 2023
The EGX30 rose 2.0% at today’s close on turnover of EGP 4.63 bn (107.2% above the 90-day average). International investors…
Fears of default rise as Country Garden misses bond interest payment
Country Garden is at risk of defaulting on USD 11 bn of outstanding offshore bonds
What the markets are doing on 22 October, 2023
The EGX30 rose 2.4% at today’s close on turnover of EGP 2.7 bn (20.6% above the 90-day average). Foreign investors…
Pachin voluntary delisting starts tomorrow
Good afternoon, ladies and gentlemen, and welcome to the start of another workweek. It’s slow moving so far on the…
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