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Gov’t could turn to sustainable development bonds to help fund Decent Life
Egypt is considering the issuance of sustainable development bonds to finance the Decent Life initiative, International Cooperation Minister Rania Al…
Market roundup on 20 January
The EGX30 rose 0.1% at today’s close on turnover of EGP 746 mn (35.2% below the 90-day average). Local investors…
Nasdaq falls into correction as tech exit continues + Early Swvl investors eye Africa SPAC
Nasdaq enters correction as Wall Street sell-off continues: The sell-off in US tech stocks continued yesterday, leaving the Nasdaq down…
EFG Hermes Pakistan named best international brokerage in Asiamoney Poll
KUDOS- EFG Hermes Pakistan was named best international brokerage firm for the first time in the 2021 Asiamoney Brokers Poll,…
Market roundup on 19 January
The EGX30 fell 1.4% at today’s close on turnover of EGP 724 mn (37.5% below the 90-day average). Local investors…
Coming Fed tightening triggers equities rotation, rising yields
US markets overall took a sharp dip on Tuesday as yields rose: The S&P 500 fell 1.8%, the Dow Jones…
Kuwaiti, Egyptian, Saudi institutions took part in Ghazl El Mahalla’s private placement
Who got in on Ghazl El Mahalla FC’s institutional offering? Misr Ins. Holding, Ghazl El Mahalla Spinning and Weaving, Kuwaiti…
Poorest countries inch closer to debt crisis as pandemic relief program ends
Low-income countries are in peril over debt, World Bank warns: Developing countries are facing a 45% surge in debt repayments…
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