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Private equity ain’t all it’s cracked up to be + the words we tripped over in 2021
Private equity isn’t quite as lucrative as it claims to be: Far from its heyday in the 1990s, private equity…
Is Uber planning to sell a stake in Careem?
Is Uber planning to sell a stake in Careem? Uber is in talks with its Middle East unit Careem to…
OC announces dividend payout + acquisition in the cards
Orascom Construction’s (OC) board of directors has approved an interim dividend payout of USD 0.2313 per share, the company said…
Juhayna’s net income rose 14% y-o-y in 3Q2021
EARNINGS WATCH- Juhayna’s net income rose 14% y-o-y to EGP 174 mn in 3Q2021, according to the company’s latest earnings…
Omicron spread isn’t stopping KSA from raising oil prices
Saudi Arabia raises January oil prices for all crude grades in Asia and the US, even as Omicron continues to…
FRA signals crackdown on meme stocks
Sending Egyptian stonks to the moon is about to get harder: Investors could face criminal charges for sharing share tips…
Omicron who?
The spread of the Omicron variant will not delay or otherwise affect Abu Qir Fertilizers’ plans to sell 10-15% of…
Market roundup on 5 December
The EGX30 rose 0.7% at today’s close on turnover of EGP 1.38 bn (3.1% below the 90-day average). Local investors…
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