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THIS MORNING: Central bank announces exemptions for FX withdrawal limits
Good morning, good people: We’re continuing our 2022 rewind today, looking back at the year in M&A, investment and capital…
What the markets are doing on 26 December, 2022
The EGX30 rose 1.2% at today’s close on turnover of EGP 978.29 mn (37% below the 90-day average). Foreign investors…
Croatia gears up to adopt the EUR + Crypto mogul Sam Bankman-Fried’s former colleagues plead guilty on wire fraud charges
A couple of headlines worth your attention: Former colleagues of FTX mogul plead guilty: FTX’s former chief technology officer Gary…
Cabinet gives initial approval to freight transport privatization + makes some shop owners’ lives easier after Public Shops Law controversy
Are we one step closer to privatizing Egypt’s freight transport sector? Cabinet approved in principle the decision to grant a…
What the markets are doing on 22 December, 2022
The EGX30 fell 0.4% at today’s close on turnover of EGP 1.84 bn (19.4% above the 90-day average). Local investors…
Global M&A volumes falls almost a third in 2022
M&A activity fell c.30% y-o-y to USD 3.5 tn in 2022 on the back of high interest rates, inflation, and…
AMOC and Pachin leave the LSE
AMOC + Pachin delist from LSE: EGX-listed Alexandria Mineral Oils Company (AMOC) and Paint and Chemical Industries (Pachin) have each…
What the markets are doing on 21 December, 2022
The EGX30 rose 0.1% at today’s close on turnover of EGP 1.74 bn (13.1% above the 90-day average). Foreign investors…
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