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What the markets are doing on 12 September, 2023
The EGX30 fell 0.7% at today’s close on turnover of EGP 1.62 bn (24% below the 90-day average). Local investors…
THIS EVENING: Gov’t looking at another stake sale for Telecom Egypt?
Good afternoon, ladies and gentlemen, and happy hump day. We’re looking at a news day that promises to be led…
Arm to close IPO order book early on huge investor demand
The institutional offering was reportedly 10x oversubscribed as of yesterday
What the markets are doing on 11 September, 2023
The EGX30 fell 1.5% at today’s close on turnover of EGP 3.2 bn (51.1% above the 90-day average). Foreign investors…
Fed to hold interest rates next week, says WSJ
Another Fed hold next week? Slowing inflation and signs of weakness in the labor market will likely see the US…
Some investors are interested in state-owned Sinai Manganese. PLUS: Al Habtoor likes the SFE — and news from Suez Cement, TMG, Russian wheat
The company is one of 35 officially earmarked by the government for privatization
ADES eyes USD 1.2 bn from Saudi IPO
The IPO is expected to be Saudi Arabia’s largest offering this year
What the markets are doing on 10 September, 2023
The EGX30 rose 1.0% at today’s close on turnover of EGP 1.9 bn (9.6% below the 90-day average). Foreign investors…
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