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Taqa is now Masdar’s biggest shareholder
Mubadala sells majority stake in Masdar to Taqa + Adnoc: The UAE’s national oil company Adnoc and state energy firm…
Vodacom closes acquisition of 55% stake in Vodafone Egypt
Vodacom is Vodafone Egypt’s new majority shareholder: Vodafone Plc’s South African subsidiary, Vodacom, has closed the acquisition of its parent…
What the markets are doing on 8 December, 2022
The EGX30 rose 0.4% at today’s close on turnover of EGP 2.74 bn. Foreign investors were net buyers. The index…
What the markets are doing on Thursday, 8 December
THE CLOSING BELL- The EGX30 rose 2.0% at yesterday’s close on turnover of EGP 3.2 bn. Foreign investors were net…
Sovereign sukuk + sustainable bond issuances coming this FY?
FinMin could take its maiden sovereign sukuk issuance to market in 1H 2023: The Finance Ministry is planning to sell…
What the markets are doing on 7 December, 2022
The EGX30 rose 2.0% at today’s close on turnover of EGP 3.2 bn. Foreign investors were net sellers. The index…
Oil is close to wiping out all of its 2022 gains
Oil tumbled to its lowest level since January yesterday on concerns that the Federal Reserve will continue to aggressively raise…
Competition Act amendments pass the House
MPs give their final approval to Competition Act amendments: The House of Representatives yesterday voted to pass amendments to the…
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