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Premium Card issues EGP 201 mn in securitized bonds
Premium Card closes seventh securitized bond issuance: Consumer finance firm Premium International for Credit Services (Premium Card) has issued EGP…
What the markets are doing 13 December, 2022
The EGX30 rose 2.9% at today’s close on turnover of EGP 3.6 bn (152.4% above the 90-day average). Local investors…
Americana shares rise following dual-listing in Saudi + Abu Dhabi
Americana shares climb in its dual debut: Americana Group, the operator of KFC and Pizza Hut in the Middle East,…
valU issues EGP 854.5 mn in securitized bonds
valU closes third securitized bond issuance: EFG Hermes’ consumer finance arm valU has issued EGP 854.5 mn worth of securitized…
Saudi sovereign wealth fund could finalize United Bank acquisition this year
PIF could acquire United Bank this month for USD 600 mn: Saudi Arabia’s sovereign wealth fund could acquire the state-owned…
What the markets are doing on 12 December, 2022
The EGX30 rose 0.9% at today’s close on turnover of EGP 2.5 bn (75.9% above the 90-day average). Regional investors…
Global stocks to recover in 2023? + Crypto exchanges suffer record outflows following FTX fiasco
Money managers see a recovery for global stocks next year after a harsh 2022: Some 71% of respondents in a…
What the markets are doing on 11 December, 2022
The EGX30 fell 1.7% at today’s close on turnover of EGP 2.49 bn. Foreign investors were net sellers. The index…
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