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Twitter’s board greenlights Musk’s takeover bid
Looks like Elon Musk is buying Twitter after all: The Twitter board has okayed the Tesla boss’ offer to fully…
Abu Auf pushes IPO plans to 2H 2022 on war worries
Healthy food brand Abu Auf’s parent company AUF is pushing its planned EGX debut to the second half of 2022,…
THIS MORNING: A brief workweek before another long holiday + Big pressures on the world’s palm oil
Good morning, wonderful people, and welcome to a very short workweek. We hope your Easter / Sham El Nessim /…
Market roundup on 20 April 2022
The EGX30 fell 1.7% at today’s close on turnover of EGP 580 mn (36.6% below the 90-day average). Regional investors…
Has Netflix subscriber growth peaked?
Netflix saw nearly a quarter of its value wiped out after losing subscribers for the first time in a decade:…
Galina plans EGP 500 mn private placement, could resurrect IPO
Galina could revive its IPO plans: Agrifood player Galina Holding could go ahead with a public share sale on the…
Earnings Watch: Arabia Investments Holding
EARNINGS WATCH- Arabia Investments Holding’s bottom line rose 8% y-o-y in 2021 to EGP 103 mn, the company said in…
THIS EVENING: IMF’s latest growth projections has good news for Egypt + Vodafone Egypt acquires 10% stakes in Bee and Masary
Good afternoon, wonderful people. It’s still a moderately busy day, with capital market news from the homefront gathering pace this…
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