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SCA eyes 20% stake sales of 2-3 companies on the EGX
SCA eyes floating three of its units: The Suez Canal Authority (SCA) is considering selling 20% stakes in two or…
Meet our analyst of the week: Beltone’s Ahmed Hesham
OUR ANALYST OF THE WEEK- Ahmed Hesham, associate director of equity & quantitative strategy at Beltone Financial (Linkedin). My name…
THIS EVENING: Unemployment is down + El Sisi heads to Brussels for EU-AU summit. Plus: The beginning of the end for Russia v Ukraine
Happy hump day, ladies and gentlemen. As we expected, the news flow is picking up this afternoon, with a solid…
Planet Finance: Aldar lends fresh USD 1.4 bn investment + Aramco muddies Saudi wealth fund’s green credentials
Apollo to invest USD 1.4 bn in UAE’s Aldar: Asset manager Apollo Global Management will invest USD 1.4 bn in…
Brmaja’s IPO moves forward
Brmaja inches closer to planned IPO: Brmaja Innovation for IT, the Egypt subsidiary of Saudi tech firm Brmaja, has registered…
El Sisi signs fintech and unified budget acts into law
Fintech Bros, pay attention here: President Abdel Fattah El Sisi has ratified the Fintech Act, which regulates robo-advisory, nano-finance, insurtech,…
SFE boss wants to see more ins. + pension fund investments in the EGX
More EGX investments by ins. + pension funds, please -SFE’s Ayman Soliman: Pushing ins. funds’ investments in EGX-listed stocks to…
Abu Qir Fertilizers’ bottomline rises 137.7% y-o-y during 2Q2021-2022
EARNINGS WATCH- Abu Qir Fertilizers’ bottomline rose 137.7% y-o-y during 2Q2021-2022 to EGP 1.9 bn, according to the company’s financial…
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