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US stocks rally ahead of Fed decision; oil continues to plunge
Stocks rally ahead of Fed meeting: US stocks staged a comeback in yesterday’s session as oil prices continued to fall…
Market roundup on 15 March 2022
The EGX30 rose less than 0.1% at today’s close on turnover of EGP 991 mn (7.4% above the 90-day average).…
Chinese shares suffer biggest sell-off since ‘08 on covid, Ukraine fears
Chinese stocks see biggest sell-off since the 2008 recession: Hong Kong-listed Chinese stocks had their worst day since the global…
Palm Hills approves EGP 3.25 bn sukuk sale + UE Finance closes Upper Egypt’s first-ever securitization
Palm Hills Developments’ general assembly approves EGP 3.25 bn sukuk issuance: Shareholders voting at the company’s ordinary general assembly approved…
Swvl expects US regulators to greenlight its Nasdaq IPO today
Mass transportation startup Swvl expects to receive final approvals on its IPO from the US’ Securities and Exchange Commission (SEC)…
Market roundup on 14 March
The EGX30 fell 0.6% at today’s close on turnover of EGP 771 mn (16.5% below the 90-day average). Local investors…
THIS EVENING: Swvl to receive final approvals for IPO from US’s SEC + Supply Ministry ups local wheat purchase target to over 6 mn tons this harvest season
Happy Monday, wonderful people. We’re having one of those Goldilocks news days: It’s not like drinking out of a fire…
Think food prices are high now? The UN is warning that they could skyrocket another 22%
Think food prices are high now? The UN is warning that they could skyrocket another 22% and forecasts that the…
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