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What the markets are doing on 18 December, 2022
The EGX30 fell 2.0% at today’s close on turnover of EGP 1.98 bn (31.8% above the 90-day average). Local investors…
The FTX chaos is starting to blow back on Binance
Investors pulled bns of USD from the world’s biggest crypto exchange last week: Binance, the world’s largest crypto trading platform…
We got the IMF package — now here’s what we need to do
The IMF has approved a USD 3 bn loan for Egypt, which is expected to unlock bns of USD of…
What the markets are doing on 15 December, 2022
The EGX30 fell 1.5% at today’s close on turnover of EGP 3.57 bn (143% above the 90-day average). Foreign investors…
Don’t expect oil prices to stay lower for long
Crude prices could rise once more in 2023 on the back of sanctions on Russian crude and higher global demand,…
Damietta Container & Cargo Handling lists on EGX ahead of planned IPO
The EGX has approved the temporary listing of the Damietta Container & Cargo Handling Company’s (DCHC) shares ahead of a…
What the markets are doing on 14 December, 2022
The EGX30 rose 1.5% at today’s close on turnover of EGP 3.86 bn (167% above the 90-day average). Local investors…
Adnoc appoints banks to take lead on IPO of gas business, says Bloomberg
Adnoc is moving ahead with its big IPO plans for gas unit: The Abu Dhabi National Oil Company (Adnoc) has…
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