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Potential Egypt tourism recovery has Goldman Sachs bullish on our equities
Expectations of a tourism recovery in the latter half of 2022 has strategists at Goldman Sachs bullish on Egyptian equities,…
Last Night’s Talk Shows: Capital gains tax, EV talks feature on the airwaves
The capital gains tax featured on the nation’s airwaves last night, as head of industry lobby group the Egyptian Capital…
GB Leases returns to securitization market with EGP 4.3 bn sale
GB Lease has completed the sale of EGP 4.3 bn of securitized bonds to investors, according to a statement (pdf)…
US stocks opened 2022 with fresh highs but treasury yields soared in worst start since 2009
US stocks got 2022 off to a good start yesterday, climbing to a new record high despite expectations of headwinds…
NBE ups stake in CIB
MARKET ROUNDUP- The EGX30 fell 0.1% at today’s close on turnover of EGP 908 mn (29.8% below the 90-day average).…
Stocks are in for a choppy 2022
Stocks are in for a choppy 2022: Few investors expect last year’s “everythingrally” to be repeated in 2022, the Wall…
CorporateStack eyes IPO in the next couple of years
Dubai-based tech startup CorporateStack plans to list on the EGX sometime in 2023 or 2024, Egypt General Manager Ahmed El-Haddad…
Market roundup on 2 January
MARKET ROUNDUP- The EGX30 fell 0.3% at today’s close on turnover of EGP 617 mn (52.6% below the 90-day average).…
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