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Expedition Investments consortium acquires 33% of Domty
Expedition bags (almost) all of its targeted shares in Domty: Shareholders in EGX-listed Domty agreed to sell 93.0 mn shares…
What the markets are doing on 14 September, 2022
The EGX30 fell 2.0% at today’s close on turnover of EGP 1.59 bn (41.3% above the 90-day average). Local investors…
Dubai toll operator Salik’s IPO is already covered after day one of subscription period
Dubai toll operator IPO covered within hours: Investors booked all 1.5 bn shares in Dubai’s state-owned road toll operator Salik…
Listing on the EGX just got a little easier + a boost to margin trading
SMART POLICY- FRA tweaks listing procedures + scraps margin trading caps: The Financial Regulatory Authority (FRA) has handed down a…
What the markets are doing on 13 September, 2022
The EGX30 fell 0.4% at today’s close on turnover of EGP 1.44 bn (35.5% above the 90-day average). Foreign investors…
THIS EVENING: FRA issues amended regulations to make it easier for companies to meet listing and IPO requirements + El Sisi is in Doha
Good afternoon, ladies and gentlemen. It’s so far the kind of hump day where there isn’t a massive volume of…
Interest rate hikes are hitting home sales around the world
Aggressive interest rate hikes are starting to take their toll on home sales around the world as homeowners feel the…
Taqa Arabia explores gas distribution in Saudi Arabia
Qalaa Holding subsidiary Taqa Arabia will explore ways to develop and operate gas transport services in Saudi Arabia after signing…
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