Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
What the markets are doing on 20 August, 2023
EARNINGS WATCH- Raya Holding’s net income after minority interest rose 46% y-o-y to EGP 144 mn in 2Q 2023, according…
THIS EVENING: Three banks are reportedly eyeing a stake in United Bank
Good afternoon, wonderful people, and welcome back to the grind after what we hope was a restful weekend. We’re starting…
Concerns about China’s USD 3 tn shadow banking sector are growing
Giant investment trust Zhongrong has missed payments to corporate investors
The EGX is inching closer to a record high
The benchmark EGX30 index has risen more than 70% since October as investors use stocks to hedge against EGP depreciation
What the markets are doing on 16 August, 2023
The EGX30 rose 0.5% at today’s close on turnover of EGP 2.6 bn (28.3% above the 90-day average). Local investors…
China slowdown, US banks weigh on global stocks
China’s central bank unexpectedly cut interest rates yesterday to arrest the country’s economic slowdown
Gov’t seeks higher price for Gabal El Zeit wind farm
The government is in talks with private equity firm Actis to sell the plant
What the markets are doing on 15 August, 2023
EARNINGS WATCH- Oriental Weavers reported EGP 290 mn in attributable net income in 2Q 2023, up 37% y-o-y, according to…
Something went wrong. Please refresh the page and/or try again.