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What the markets are doing on 3 November, 2022
The EGX30 rose 0.2% at today’s close on turnover of EGP 880.5 mn (18.3% below the 90-day average). Local investors…
Fed delivers 75-bps rate hike, Powell warns “we still have some ways to go” in hawkish presser
US interest rates are now at their highest level since the beginning of 2008: As expected yesterday, the Federal Reserve…
Is the state readying logistics companies for EGX debuts in 2023?
More color on the state’s 2023 IPO pipeline: The Madbouly government plans to IPO as many as four state-owned maritime…
Investors see a short-term bright spot in equities + Women in management are quitting — a lot
It’s been a no good, horrible year for equities — but the bulls are here to play: More than half…
OPEC wants tns of USD in fresh oil investment as Aramco, BP report huge profits
OPEC wants more than USD 12 tn in oil investment: OPEC has called for USD 12.1 tn to be invested…
EGX’s Emirati roadshow is a wrap + EFG Hermes tops EGX brokerage table in October
EGX boss Rami El Dokany has wrapped up the UAE leg of the bourse roadshow, the EGX said in a…
What the markets are doing on 1 November, 2022
The EGX30 rose 0.5% at today’s close on turnover of EGP 1.53 bn (30.8% above the 90-day average). Foreign investors…
The IMF has upgraded its 2022 growth forecasts for MENA (thanks, in part, to Egypt)
Egypt is helping to buoy economic growth in the region this year: The IMF has raised its forecast for economic…
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