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Global FDI surges 77% in 2021; above pre-pandemic levels
Global FDI rebounds in 2021: Global foreign direct investment eclipsed pre-pandemic levels in 2021, rising 77% to USD 1.65 tn…
Evolve Investment to launch gold-backed investment fund
Evolve Investment Holding plans to launch a gold-backed investment fund that will invest in precious metals, CEO Sameh El Torgoman…
Dsquares is jumping on the SPAC train
EDITOR'S NOTE- Dsquares founder Marwan Kenawy has denied Al Shorouk's reporting on this story since it was published, as we…
Moving closer to Macro Group + Ghazl El Mahalla IPOs
The Financial Regulatory Authority (FRA) has given Macro Group the green light to publish the public subscription notice for its…
THIS MORNING: Algerian prez in town today; ESG investing isn’t always ESG; Tensions continue to rise over Ukraine; Asia shares fall ahead of Fed meeting
It’s a crazy morning for capital markets nerds — in the best possible way. We have two IPOs inching toward…
Market roundup on 23 January
The EGX30 fell 0.7% at today’s close on turnover of EGP 513 mn (55.2% below the 90-day average). Local investors…
THIS EVENING: FRA gives Macro Group green light to publish IPO prospectus + Evolve Investment Holding to launch EGP 500 mn fund to invest in precious metals
Happy Sunday, friends, and welcome to a somewhat busy start to this (potentially) abridged workweek. THE BIG STORIES TODAY- #1-…
Anghami takes one step closer to its SPAC listing + UAE’s Masdar has big growth plans
Anghami takes one step closer to its SPAC listing: The streaming platform’s merger — which would value the company at…
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