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Inflation in emerging-markets smashes expectations
Inflationary pressures are building in emerging markets: Inflation in emerging markets has surpassed expectations by the most since 2008 as…
Taaleem profits up 29% in FY 2020-2021; announces share buyback program
Higher education platform Taaleem reported EGP 185.3 mn in net income during FY2020-21, up 29% from the year before, according…
Misr Ins. wants a chunk of Ghazl El Mahalla FC ahead of IPO
Misr Ins. Holding has bid for 40% of the shares that Ghazl El Mahalla Football Club will offer to institutional…
THIS MORNING: A new month; COP26 summit starts today; El Sisi arrives in Scotland; Senate to discuss EGX capital gains tax.
Good morning, wonderful people, and welcome to an exceptionally busy news day here in Egypt, with everything from a little…
Market roundup on 31 October
The EGX30 fell 0.8% at today’s close on turnover of EGP 1.18 bn (22.9% below the 90-day average). Local investors…
TONIGHT: The capital gains tax gets its day in (parliamentary) court + COP26 gets underway in Glasgow
It’s been an atypically busy Sunday, with some good news coming out of the state privatization program, the Finance Ministry…
Microsoft is the world’s most valuable public company
Microsoft is tech’s top dog once again, reclaiming its spot as the world’s most valuable publicly-traded company after Apple took…
Market roundup on 28 October
The EGX30 rose 1.3% at today’s close on turnover of EGP 1.32 bn (13.5% below the 90-day average). Foreign investors…
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