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Fertiglobe shares jump 20% on ADX debut
Fertiglobe shares jumped 20% in theirADX debut yesterday before closing 17.6%higher at AED 3.06 per share. The joint venture between…
Market roundup on 27 October
The EGX30 rose 1.0% at today’s close on turnover of EGP 1.21 bn (20.7% below the 90-day average). Foreign investors…
TONIGHT: EgyptAir flight to Moscow u-turns + new military chief of staff named + minimum corporate tax plan coming in the US Senate and Sudan updates.
It’s another busy day as we wind down from the last work week of October, ladies and gentlemen. Heading into…
Big Tech had a particularly great quarter
MARKET WATCH- Alphabet and Microsoft smash estimates as they release 3Q financials: Google’s parent blew past expectations, posting 41% growth…
Egypt letting go of emergency rules was good news for the EGX
It wasn’t a particularly eventful night on the airwaves, with President Abdel Fattah El Sisi’s decision yesterday to not renew…
EFG Hermes Corp-Solutions plans EGP 1 bn bond issuance early 2022
EFG Hermes Corp-Solutions is planning a EGP 1 bn securitized bond sale early next year in early 2022, CEO Talal…
Ghazl El Mahalla FC lines up EGX’s second IPO this quarter
Two IPOs on the EGX in as many months? State-owned sports club Ghazl El Mahalla could debut on the EGX…
TONIGHT: Hala Zayed in the hospital? Big news on state priv. Program and for local M&As. 10 protestors killed, 80+ injured in Khartoum + it’s interest rate week in Egypt and Europe
Hump day is news dump day, ladies and gentlemen, as we are getting our fix of everything: from IPOs, privatization…
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