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THIS MORNING: Macro Group’s EGX debut + It’s inflation day
Good morning, wonderful people. We’ve made it through another workweek together, and our reward is what can only be called…
Market roundup on 9 February 2022
The EGX30 rose 0.6% at today’s close on turnover of EGP 1.24 bn (14.8% above the 90-day average). Local investors…
TONIGHT: FAB makes a play for EFG Hermes + amendments to the Old Rent Law and Real Estate Registry Act are up in parliament
Good afternoon, wonderful people. It’s nearly the end of this workweek that has felt like an entire month on its…
Abu Dhabi ports shares surge on ADX following IPO + Dubai’s SHUAA wants to SPAC
Shares in Abu Dhabi Ports jumped as much as 17% on its ADX debut yesterday, marking the latest success for…
EGX executes Macro IPO
The EGX has executed the sale of shares to investors who subscribed to Macro Group’s IPO, which saw it offer…
FRA announces guidelines to encourage responsible SME lending
The Financial Regulatory Authority (FRA) has set out responsible lending principles for non-bank SME financing products, according to a statement…
TONIGHT: Macro’s EGX debut confirmed for this Thursday + World Bank is releasing its Egypt outlook + it’s a busy day at the House
Happy Tuesday afternoon, ladies and gentlemen. The news is back in full swing on this hump day, with big news…
Are NFTs really booming — or are traders having us on?
All is not quite as it seems in the pixelated, unregulated world of NFTs: “Irregular sales” on nonfungible token (NFT)…
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