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Emerging markets will take the worst of the hit as more doom and gloom swept global markets last week
Conditions in the financial markets went from bad to worse last week, as higher interest rates pushed everything from stocks…
Gov’t finalizes state ownership policy document
The gov’t has dotted the i’s and crossed the t’s on its state ownership policy: The Madbouly government has finalized…
It could take another month or two to finalize IMF support -Maait
Talks for an IMF facility could wrap in another month or two, Finance Minister Mohamed Maait told Bloomberg (watch, runtime:…
What the markets are doing on 22 September, 2022
The EGX30 fell 0.2% at today’s close on turnover of EGP 821.18 mn (14% below the 90-day average). Foreign investors…
Lots of Mideast M&A
There is plenty of M&A news out of the region this morning: Emirati firm International Holdings Co. is offering to…
There are two ways forward for Egypt’s IPO market, says EFG Hermes investment banking boss
We have a handful of traditions at the EFG Hermes One on One — one is eating a lot of…
Aramco wants more fossil fuel investment
The ‘SPAC King’ has lost his crown: Chamath Palihapitiya, one of the key figures who fueled the 2020 SPAC mania,…
Contact Financial closes EGP 2 bn sukuk issuance
Contact Financial Holding has closed an EGP 2 bn sukuk issuance, after getting the greenlight from the Financial Regulatory Authority…
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