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Are you a party to the contract? No? Then you can’t sue.
The Supreme Constitutional Court has upheld the Appeals Against State Contracts Act, rejecting a case that sought to have the…
Five state + military-owned companies added to pre-IPO fund
The Sovereign Fund of Egypt (SFE) has added five state- and military-owned companies to its pre-IPO fund as the government…
Foreign investors are starting to come back into the market after Wednesday’s devaluation
The Central Bank of Egypt’s move towards a more flexible EGP seems to be paying off, helping draw in much-needed…
What the markets are doing on 12 January, 2023
The EGX30 rose 0.15% at today’s close on turnover of EGP 2.59 bn (55.9% above the 90-day average). Local investors…
THIS EVENING: BdC, Safi, Wataniya, and others added to SFE’s pre-IPO fund + EGP ends the day slightly up against the USD
Good afternoon, wonderful people. We’ve made it to the end of what proved itself to be quite the eventful week.…
The end of the trusty 60/40 portfolio?
Is the era of the traditional 60/40 portfolio over? Portfolios with a classic split of 60% equities and 40% bonds…
UK-based Softline Group acquires majority stake in cloud computing company Digitech
M&A- UK-based software firm Softline Group LTD has acquired a 51% stake in cloud computing company Digitech for EGP 262 mn,…
TE could get in on future flows
Telecom Egypt is looking at future flow securities as a potential debt tool to help fund its expansions and investments,…
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