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TRY takes a huge L after Erdogan puts foot in mouth
TRY takes a huge L after Erdogan puts foot in mouth: The Turkish currency is plummeting after the country’s president-cum-grade…
Last Night’s Talk Shows on Egypt becoming Comesa head + the truth behind school meals poisoning students
Last night’s talk shows shifted their attention from the weather for the first time all week after state-owned Akhbar El…
“Marked” improvement in investor confidence in Egypt -EFG’s Awad
Investor confidence in Egypt is showing a “marked improvement,” EFG Hermes Group CEO Karim Awad said at EFG Hermes’ Egypt…
Dubai’s IPO pipeline grows as Shuaa plots x2 listings in early 2022
Another one for the Dubai IPO pipeline as it looks to capitalize on a regional boom in public listings: Shuaa…
Mopco sees 171% y-o-y increase in bottom line in 3Q2021
EARNINGS WATCH- Misr Fertilizers Production Company (Mopco) reported a 171% y-o-y increase in its bottom line in 3Q2021 to EGP…
Saudi stock exchange to raise up to USD 1 bn in upcoming IPO
The company that owns Saudi’s Tadawul stock exchange is set to raise up to USD 1.01 bn in its upcoming…
SPAC me, the regs are out
We’re one step closer to Egyptian SPACs after the Financial Regulatory Authority (FRA) yesterday issued the rulesand regulations (pdf) for…
THIS MORNING: e-Finance shares up almost 32% in first month’s trading; Covid, Fed uncertainty unnerves markets; Veteran actress Soheir El Bably dies, aged 86; Sudan’s Hamdok returns, protests continue.
Good morning, wonderful people, and welcome to a brisk-but-not-overwhelming news day, where the big story is the Financial Regulatory Authority’s…
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