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What the markets are doing on 10 November, 2022
The EGX30 fell 0.2% at today’s close on turnover of EGP 1.28 bn (13.6% above the 90-day average). Regional investors…
USD 100 oil a threat to global economy, says IEA head
Three-figure oil = bad news for the global economy, says IEA chief: Oil prices moving back towards USD 100 a…
Consumer finance player Blnk sells EGP 202 mn in securitized bonds
BNPL lender Blnk has closed a EGP 202 mn securitized bond issuance, the first in a three-year, EGP 2 bn…
EGX announces Africa carbon market
The EGX yesterday announced it would set up Africa’s first voluntary carbon market on the sidelines of COP27. The market…
THIS MORNING: It’s Science Day at COP27 + the crypto markets are tanking this morning
Good morning, friends, and welcome to the final workday of the week — at least for those of you who…
What the markets are doing on 9 November, 2022
The EGX30 rose 4.6% at today’s close on turnover of EGP 1.24 bn (11.1% above the 90-day average). Local investors…
Feuding crypto bros tank BTC
Crypto is crashing this morning as a schism at the top of the industry raises fears of further volatility in…
What the markets are doing on 8 November, 2022
The EGX30 fell 1.5% at today’s close on turnover of EGP 1.35 bn (19.1% above the 90-day average). Local investors…
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