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Fertiglobe + Aramco post lower earnings in 1Q as OCI reconsiders listing venue
The company’s produced green ammonia from its 100-MW hydrogen plant in Egypt during the quarter
Egyptian companies to be protected from MSCI index rebalancing despite FX crisis
The EGX is in contact with MSCI to see how the decision will affect Egyptian stocks
Is ADQ about to snap up a stake in Elab?
Elab could reportedly see a stake sale before the end of May
What the markets are doing on 9 May, 2023
The EGX30 fell 1.8% at today’s close on turnover of EGP 2.9 bn. Foreignn investors were net sellers. The index…
Credit crunch could slow US growth, Fed warns
The recent banking crisis has increased concern about bank balance sheets
Offers for Safi + Wataniya coming this month, says cabinet
The government wants to raise USD 2 bn from asset sales by June
What the markets are doing on 8 May, 2023
The EGX30 rose 2.4% at today’s close on turnover of EGP 2.12 bn. Local investors were net buyers. The index…
Economic concerns raise volatility in the oil markets
European gas prices hit lowest level since July 2021
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