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SFE is pushing ahead with Siemens stake sale + privatizing military businesses
Updates on the Siemens power plants + military companies’ privatization from the SFE: The Sovereign Fund of Egypt (SFE) and…
Abu Qir to sell up to 10% stake in secondary offering
Abu Qir Fertilizers will sell up to 10% of its shares in a secondary offering on the EGX, the company…
CI Capital pushing into the private healthcare sector
CI Capital is staking its claim in Egypt’s healthcare sector with a bid to acquire more than a quarter of…
Market roundup on 8 December
The EGX30 fell 0.8% at today’s close on turnover of EGP 1.24 bn (12.1% below the 90-day average). Foreign investors…
THIS EVENING: CI Capital subsidiary wants 26% of Cleopatra Hospitals + Abu Qir’s caps stake sale at 10% + Omicron has a stealth mode
Good afternoon, friends — and hold onto your hats. While the news flow is fairly moderate so far today, wind…
Bond funds, DeFi, and options traders are all coming under greater scrutiny
The Bank for International Settlements is calling for tougher regulations for bond funds in order to mitigate risks to financial…
Last Night’s Talk Shows: Education Act + Labor Act amendments lead the conversation
Topping the talkin heads’ agendas last night: Legislative amendments the Madbouly Cabinet passed yesterday in a bid to cut down…
EGX temporarily caps daily stock price movement at 5% for two firms
MARKET NEWS- The EGX has capped daily stock price movement at 5% for Rowad Tourism and Zahraa Maadi Investment &…
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