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Sinai Cement narrows losses in 2022
EARNINGS WATCH- Sinai Cement’s consolidated net losses narrowed to EGP 330.4 mn in 2022, from EGP 354 mn the year…
THIS EVENING: EGX looking at new temporary listings + Inflation surges in February + CBE hikes InstaPay transaction limits
Happy THURSDAY, friends. We’re wrapping up the first full workweek of March with a whole lot of big news stories…
What the markets are doing on 8 March, 2023
The EGX30 fell 0.7% at today’s close on turnover of EGP 1.6 bn (21.9% below the 90-day average). Local investors…
Bedaya + Al Oula close EGP 1 bn securitized bond sales
Companies have sold EGP 9.6 bn of securitized bonds so far this year.
What the markets are doing on 7 March, 2023
The EGX30 fell 2.2% at today’s close on turnover of EGP 1.9 bn (6.9% below the 90-day average). Local investors…
Companies no longer need a credit rating to issue bonds + sukuk
There are some caveats.
SFE to sell stakes in 2-3 state-owned firms in April, says CEO
Gov’t will also announce “within days” who’s buying the state hotels company.
THIS EVENING: Stake sales in 2-3 companies in SFE’s pre-IPO fund before end of April, says Soliman + EFG Hermes One on One wraps Day 1
Happy Monday, wonderful people. It’s a brisk news day so far as the EFG Hermes One on One in Dubai…
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