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Is the stock rally being driven by FOMO?
Is the stock rally being driven by FOMO? US equities’ record run could be driven by investors’ fear of missing…
Is Mowasalat Misr fielding an acquisition offer?
FACT CHECK- Is Mowasalat Misr fielding an acquisition offer? A report in AlBorsa yesterday claimed that public transport company Mowasalat…
The jury is out on the tax + fee incentives on the EGX
Market watchers have welcomed a basket of EGX-centric tax incentivesand fee cuts unveiled last week, but they want specifics —…
THIS MORNING: Bank board shake-up; unvaccinated civil servants will need a weekly PCR test to enter the workplace from today; Ditto for uni students on campus; new auto consumer regs in effect today.
Good morning, wonderful people, and happy Monday. We have an absolutely stacked issue this morning, starting with a deep dive…
Earnings season is in full swing
Abu Qir Fertilizers reported an 88% y-o-y increase in its bottom line to EGP 1.3 bn in 1Q2021-2022, according to…
TONIGHT: Earnings season lands with a thud + travelers still need a hard copy of their QR passport + EAMCO signs new agreement for EV component production
It isn’t an altogether slow Sunday, ladies and gentlemen, but it is looking kind of dry when compared to last…
Corporate break-ups are all the rage right now
More spin-offs in big corporate-verse: Johnson & Johnson and Toshiba are the latest to announce a bid to streamline operations,…
Market roundup on 11 November
The EGX30 rose 0.8% at today’s close on turnover of EGP 894.7 mn (39.9% below the 90-day average). Foreign investors…
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