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Foreign institutions lining up for e-Finance’s IPO –Sarhan
Foreing investors had heavy appetite for shares of e-Finance, the state-owned fintech platform and payments infrastructure provider whose ongoing offering…
Wall street banks report stellar 3Q2021 earnings, diverge on investment strategies
Wall Street sails through global headwinds to post blockbuster 3Q2021 earnings: Goldman Sachs looks set to post its best year…
Market roundup on 14 October
The EGX30 rose 1.1% at today’s close on turnover of EGP 1.08 bn (28% below the 90-day average). Foreign investors…
Subscription period for Sawiris-backed Fertiglobe IPO kicks off
Subscription period for Sawiris-backed Fertiglobe IPO kicks off: Nitrogen fertilizer company Fertiglobe — a joint venture between Abu Dhabi National…
THIS MORNING: Unnamed strategic investor eyeing big chunk of e-Finance IPO? Plus: Egypt’s banks are adopting the Tax Authority’s e-invoicing system.
Good morning, everyone, and welcome to the final workday of week 41 in this crazy year. We have an exceptionally…
Market roundup on 13 October
The EGX30 rose 0.9% at today’s close on turnover of EGP 1.13 bn (25% below the 90-day average). Foreign investors…
Are SPACs making a comeback? + ACWA IPO momentum cools on second trading day
SPACs get a reputation makeover: The latest incarnation of special-purpose acquisition companies has some investors hailing them as an almost…
ESG reporting is coming to Egypt in 2023 (Part II)
POLL- ESG reporting is becoming mandatory in Egypt in 2023. Are EGX-listed companies ready for it? EGX-listed firms and NBFS…
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