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The Bank of Japan just shocked global markets
Global markets were shaken yesterday after the Bank of Japan announced (pdf) a surprise loosening of its “yield curve control”…
Rameda obtains exclusive rights to sell Physiomer nasal spray in Egypt
EGX- #1- Watania Kuwatia could make its EGX debut as soon as January: Local agriculture player Watania Kuwatia is planning…
The IMF is watching what happens to the EGP in January
The IMF will be keeping a beady eye on what happens to the exchange rate when the central bank ends…
What the markets are doing on 20 December, 2022
The EGX30 fell 1.5% at today’s close on turnover of EGP 2.36 bn (54.5% above the 90-day average). Local investors…
Riyadh Cables falls 12% on market debut + ESG funds see first annual outflows since 2011
Riyadh Cables didn’t have a great start to life on the Saudi stock exchange yesterday: Riyadh Cables Group’s shares fell…
What the markets are doing on 19 December, 2022
The EGX30 fell 0.7% at today’s close on turnover of EGP 2.39 bn (57.9% above the 90-day average). International investors…
Expect central banks to stay hawkish deep into 2023 amid stubborn inflation
Central banks won’t be taking their feet off the gas anytime soon: Despite hopes in some quarters that central banks…
Industry players saw some good and some bad in 2022
It’s been a roller-coaster year for industry: The outbreak of the war in Ukraine at the end of February piled…
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