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GlobalCorp could kick off EGP 3-3.5 bn securitization program in 4Q2021
GlobalCorp could have the first tranche of a EGP 3-3.5 bn securitized bond issuance ready by the end of the…
A group of MPs want to postpone the capital gains tax
Group of MPs to fight EGX capital gains tax: A small group of MPs will draft legislation aiming to postpone…
Abu Auf could debut on EGX with 49% stake sale in 2Q2022
Healthy food brand Abu Auf’s parent company AUF plans to make its EGX debut in 2Q2022, the company said in…
EM bonds see heavy outflows over Evergrande, Fed taper
EM bonds see heavy outflows over Evergrande, Fed taper: Investors made a hasty exit from exchange-traded emerging-market bond funds last…
Market roundup on 27 September
The EGX30 fell 1.4% at today’s close on turnover of EGP 1.27 bn (20% below the 90-day average). Regional investors…
The Evergrande crisis is on pause, but China is still posing a headache for emerging markets
China is worrying emerging markets: As fears of an abrupt Fed taper fade, Bloomberg suggests that a slowdown in China’s…
The market roundup on 26 September
The EGX30 rose less than 0.1% at today’s close on turnover of EGP 1.17 bn (26.1% below the 90-day average).…
The era of ultra-cheap money is coming to an end. Or is it?
The era of ultra-cheap money is coming to an end, the Financial Times declares. In a long read out this…
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