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MSCI EM index rises off of better than expected earnings
Things are looking up for EM equities on the MSCI Emerging Market (EM) Index, buoyed by constituent companies reporting better-than-expected…
Alexandria Container and Cargo Handling’s net income up 21% in 3Q2021
EARNINGS WATCH- Alexandria Container and Cargo Handling’s net income rose 21% to EGP 336.3 mn in 3Q2021, up from EGP…
From Fertiglobe to yet another regional VC fund, it’s a relatively quiet start to the week for global markets
Trading of Fertiglobe’s shares is due to begin tomorrow on the ADX, after the fertilizer producer raised some USD 795…
e-Finance could list two subsidiaries following IPO -chairman
Seems e-Finance has caught the listing bug: State-owned fintech firm e-Finance could follow up last week’s blockbuster IPO on the…
Market roundup on 24 October
The EGX30 rose 0.5% at today’s close on turnover of EGP 1.40 bn (8.1% below the 90-day average). Local investors…
French parcel company takes 20% of Aramex
French express parcel player acquires 20% of Aramex: Geopost, the express parcel arm of France’s Groupe La Poste, acquired 20.2%…
e-Finance shares soar 50% in EGX debut, company looks to M&A, launch of e-health platform
e-Finance shares jump 50% in EGX debut: Shares in state-owned fintech platform and payment infrastructure provider e-Finance jumped 50% in…
Market roundup on 20 October
The bourse will allow the EGX100 index to trade up or down 10% within the day’s trading session, rather than…
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