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China’s comeback to see oil demand hit a record high in 2023 + European, EM equities gain popularity as Wall Street takes a kicking
China’s loosening of covid-19 restrictions is forecasted to boost oil demand to a record high this year of 101.7 mn…
THIS MORNING: In Davos, El Said talks up privatization and investor appetite in Egypt. PLUS: Hurghada solar tender pushed
Good morning, friends, and happy THURSDAY to you all. We have an absolutely packed issue for you this morning before…
What the markets are doing on 18 January, 2023
The EGX30 remained flat at today’s close on turnover of EGP 946 mn (44.6% below the 90-day average). Local investors…
ECB follows the Fed to hint at slower rate rises + Gnarly 4Q results for Wall St majors
Slower rate hikes in Europe? Officials at the European Central Bank (ECB) are mulling a slower pace of rate hikes…
Vodacom snaps up another 0.02% of Vodafone Egypt
CAPITAL MARKETS- Minority shareholders loath to part with Vodafone Egypt stakes: Vodacom is acquiring an additional 0.02% (49.5k shares) of…
FT wants allies to pressure Egypt on state involvement in the economy
It’s an eerily quiet morning for mentions of Egypt in the international press after weeks of breathless coverage of the…
New FRA regulations aim to help insulate ins. companies from credit risk of borrowers
FRA hands down new regulations controlling ins. against credit risks: The Financial Regulatory Authority (FRA) has issued new regulations designed…
What the markets are doing on 17 January, 2023
The EGX30 rose 0.9% at today’s close on turnover of EGP 3.14 bn (85.7% above the 90-day average). Regional investors…
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