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Egypt’s first Islamic microfinance license goes to Maksab
Little known company aims to push into Islamic microfinance in Egypt: The Egyptian Microfinance Company (Maksab) has become the first…
EGX flat on 30 August
The EGX30 rose 0.1% at today’s close on turnover of EGP 1.39 bn (38.6% above the 90-day average). Foreign investors…
EU energy prices up. EU currency down. Iranian oil…?
EU hits panic button as energy crisis escalates: The EU plans to “decouple” electricity prices from gas as part of…
THIS MORNING: The FRA’s first policy announcement of the Farid-era + Big announcement today?
Good morning, everyone, and happy hump day. Thank you to the incredible number of people who have written to us…
What the markets are doing on 29 August, 2022
The EGX30 fell 0.6% at today’s close on turnover of EGP 1.58 bn (45.4% above the 90-day average). Local investors…
Zuck lands last-minute settlement for Cambridge Analytica + When things get shaky, it’s best to do nothing
Zuckerberg dodges questioning on Cambridge Analytica scandal with last-minute settlement: Facebook parent company Meta has agreed to settle a lawsuit…
The short sellers are massing
Is the summer US stock rally now history? Many investors seem to think so, with waning sentiment pushing traders to…
Ghazl El Mahalla’s micro-IPO misfires in extra time
Retail investors put in orders for just 18% of the shares made available to the public in Ghazl El Mahalla…
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