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What the markets are doing on 7 February, 2023
The EGX30 rose 1.9% at today’s close on turnover of EGP 2.0 bn (9.6% above the 90-day average). Local investors…
Odds of US recession now just 25%, according to Goldman
The odds of a US recession are dwindling, according to Goldman: Goldman Sachs has slashed estimates for the likelihood of…
Capital increases for listed companies are going to be easier and faster
A streamlined capital increase process: The Financial Regulatory Authority (FRA) has amended rules governing capital increases in a bid to…
Tons of speculation on state asset sales ahead of PM’s presser
Could BdC IPO in the first half — or will we “just” see the sale of a stake to a…
What the markets are doing on 6 February, 2023
The EGX30 rose 2.0% at today’s close on turnover of EGP 1.6 bn (12% below the 90-day average). Regional investors…
THIS EVENING: BdC plans 45% stake sale by July + Thousands dead, injured as twin earthquakes hit Syria and Turkey
Happy Monday, friends. It’s relatively calm on the news front here at home so far, although it’s been a grim…
Sanctions, underinvestment could spell trouble for global energy markets, warn Saudi and Goldman
Saudi Arabia warns of energy shortages following EU’s oil sanctions against Russia.
Markets fall as strong US jobs data raises expectations for more rate hikes
US job growth signals further Fed rate tightening ahead: Interest-rate futures traders priced in further rate 25 bps hikes in…
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