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A strong start to the year for sukuk + investors sentiment tanks on high-growth firms
Surging oil prices gave sukuk transactions their best ever start to a year in 2022, Bloomberg reports. Sales of new…
EFG Hermes again tops Egypt league table, NBE dominates Bloomberg syndicated loan table
EFG Hermes topped the EGX’s brokerage league table once again in March, with a market share of 23.5%, according to…
e-Finance + TMG approve dividend payouts
e-Finance will pay shareholders dividends of EGP 0.10 per share for FY2021, according to a decision by the ordinary general…
Global dealmaking plunges + sukuk surge in 1Q 2022
Global M&A has fallen to its lowest level since 2020 as soaring inflation, the conflict in Ukraine and tighter regulations…
Suez Canal revenues up 20% y-o-y in 1Q 2022
Suez Canal revenues rose 20% y-o-y in 1Q 2022 to USD 1.69 bn, the Suez Canal Authority (SCA) said in…
Swvl rises on Nasdaq debut, eyes dual listing on the EGX
Swvl shares rise on Nasdaq debut: Shares in Cairo-born mass transit app Swvl rose on their Nasdaq debut on Friday…
THIS MORNING: Ramadan Kareem on this extremely busy news day
Good morning, wonderful people, and welcome to the first workday of Ramadan. We hope the day treats you well. We…
Earnings watch: OIH, Domty, Arabia Investments Holding
EARNINGS WATCH- Orascom Investment Holding saw a bottom line of EGP 564.0 mn in FY2021 compared to losses of EGP…
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