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AD Ports bumps up Alex Containers offer to EGP 27.47 per share to consolidate 51.3% majority
The MTO is essentially an internal restructuring play for Abu Dhabi’s ADQ to move its Egyptian maritime assets under one…
Taqa Arabia acquires 10% of 172 Wataneya stations
The 172-station network will be operated via a new vehicle — Quick Fuel for Petroleum Products Trading and Distribution
Inflation cools in May + EGX rolls out futures contracts on CIB, TMG
☀️ Good morning, friends, and congratulations on making it to the weekend. It’s been a busy week on the news…
What the markets are doing on 11 June 2026
The EGX30 fell 0.9% at today’s close on turnover of EGP 10.7 bn (26.9% above the 90-day average). International investors…
Fitch turns bearish on global sovereigns — and the Middle East is taking the hardest hit
The ratings agency’s base case is for a partial strait reopening — but warns the war’s damage to the region’s…
Egypt tenders 128-km transmission line to plug in El Dabaa
Plus: Gov’t mulls importing 30 more LNG cargoes in 4Q 2026
Gov’t fully clears USD 6.1 bn in arrears to int’l oil companies
Good morning, wonderful people. We head to the weekend with a mixed bag of inflation data, as annual urban inflation…
What the markets are doing on 10 June 2026
The EGX30 fell 2.1% at today’s close on turnover of EGP 10.8 bn (28.1% above the 90-day average). Local investors…
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