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CIRA could be the first to tap the future flow securitization market
CIRA could issue Egypt’s first future flow securities: EGX-listed private sector education outfit CIRA is in talks with the Financial…
THIS MORNING: It’s interest rate day; US stocks have worst day since June 2020
Well, friends, we’ve made it through another workweek together. One long, hard push and the end of the workday will…
Earnings watch: Orascom Development Egypt
EARNINGS WATCH- Orascom Development Egypt’s bottom line rose 5.8% y-oy in 1Q2022 to EGP 463.71 mn, according to the company’s…
Aramco could deliver one of the world’s biggest IPOs this year
Saudi Aramco is considering an IPO of its trading unit in a transaction that could be worth more than USD…
The state privatization agenda dominates the airwaves
The government’s privatization drive got top billing on the airwaves again last night after local media got a hold of…
The government wants to fully exit these sectors within 3 years
The draft of the government’s ownership policy just leaked: The government intends to fully withdraw from as many as 79…
THIS MORNING: Online shopping in Egypt is booming; Russia takes Mariupol
The news flow just won’t give us a break right now. Not that we’re complaining, but it would be nice…
The market on 17 May 2022
The EGX30 fell 0.2% at today’s close on turnover of EGP 614 mn (29.4% below the 90-day average). Foreign investors…
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