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Investors to bid for rating agency license this quarter
A second local credit rating agency could be in the works: A group of investors led by MGM Banking and…
Shareholder to block SDX merger with Tenaz
SDX shareholder to block planned merger with Tenaz: A planned merger between UK-based, Egypt-focused SDX Energy with Canadian firm Tenaz…
Has Banque du Caire pushed its IPO back again?
Banque du Caire’s IPO may have been kicked down the road once more: State-owned Banque du Caire is postponing its…
What the markets are doing on 18 July, 2022
The EGX30 rose 1.1% at today’s close on turnover of EGP 930.2 mn (11.7% above the 90-day average). Local investors…
Retirement plan: Buy the stock market dip + Ukrainian professors are teaching from the frontlines
Cratering equity markets are reeling in amateur investors: Retail investors are buying the dip in US equities — even though…
Hike ’til you drop
‘50 is the new 25’ when it comes to rate hikes: Central banks globally are being pushed to impose bigger…
Engineering industry players weigh in on privatization plans
What automotive + engineering players have to say about the state’s privatization plans: The government’s series of public consultations over…
The 2022 EM debt sell-off is getting serious, wire services warn
Default on the horizon? A record number of emerging markets are facing pressure as debt sell-off grows: Soaring inflation and…
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