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Monetary policy in the US and EU is going to start diverging
The ECB is expected to continue raising interest rates in response to stubbornly high inflation
Mohamed Al Sayyad named vice chairman at FRA
Al Sayyad is leaving the EGX to join the FRA
What the markets are doing on 30 August, 2023
The EGX30 rose 1.0% at today’s close on turnover of EGP 2.3 bn (11% above the 90-day average). Regional investors…
This SEC legal defeat could pave the way for a BTC ETF
BTC rose more than 7% during trading yesterday
Gov’t to sell 70% stake in Siemens-built power plant. PLUS: Updates on Zafarana, Helwan Fertilizers sales.
The transaction could be worth as much as USD 1.9 bn, according to government estimates
Military stake sales in the spotlight as Taqa Arabia joins race for Wataniya, 2 investors circle Safi
Taqa is one of four companies doing due diligence on the company
Egypt aims to raise USD 5 bn from privatization by June 2024
It expects to raise the money by selling seven assets to private investors
Privatization info-dump day
PLUS: HSBC Egypt and GAFI are on the road today
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