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Etisalat acquires 9.8% stake in Vodafone
Etisalat acquires 9.8% stake in Vodafone: Our friends at the UAE telecoms giant Etisalat Group (e&) have acquired a 9.8%…
MSCI adds EFG Hermes to global standard index, e-Finance enters small-cap index
MSCI tweaks Egyptian firms included in its global indices: EFG Hermes has been added to MSCI’s standard equities index from…
THIS MORNING: It’s interest rate week; UAE President and Abu Dhabi ruler Sheikh Khalifa bin Zayed Al Nahyan dies, 73; Global stocks on worst run since ‘08
Good morning, friends, and welcome to what is shaping up to be an exceptionally busy week. But first: UAE President…
What the markets are doing on 12 May, 2022
The EGX30 fell 1.6% at today’s close on turnover of EGP 957.76 mn (9.2% above the 90-day average). Foreign investors…
Aramco is the world’s most valuable company
Saudi Aramco has dethroned Apple as the world’s most valuable company, as surging oil prices push its shares to near-record…
Another step towards sustainable bonds
Cabinet backs sustainable development agenda: Ministers have approved a plan by the Finance Ministry to broaden its green financing framework…
Ezz Steel to pay out dividends on 30 June
MARKET NEWS- Ezz Steel will pay out dividends to its shareholders on 30 June at a price of EGP 0.80…
Emerging-market currencies see biggest losses since 2020
EM currencies see biggest losses since 2020: Emerging-market currencies are suffering as investors pull out of risk assets in response…
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