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Pioneers Holding applies to register two new subsidiaries ahead of EGX debuts
Pioneers Holding submitted a request to register its two new subsidiaries with the Financial Regulatory Authority (FRA) in preparation for…
EGX up 2.8% YTD
The EGX30 fell 0.3% at today’s close on turnover of EGP 1.6 bn (3.6% above the 90-day average). Foreign investors…
TONIGHT: UNDP report tracks Egypt’s development + Remittances hit record high
Good afternoon, everyone, and happy almost-THURSDAY, which we’re observing with what is so far proving to be the slowest news…
Global debt reaches record USD 300 tn -IIF
Global debt reaches record USD 300 tn: There’s more debt around than ever before, though the debt-to-GDP ratio decreased for…
Suez Canal Bank and AAIB submit offers for 90% of Valu’s maiden securitized bond issuance
Two banks want almost all of Valu’s securitized bond issuance: The Suez Canal Bank and the Arab African International Bank…
TONIGHT: Aldar and ADQ submit MTO for 90% of SODIC + Will Biden withhold some of our military aid?
Good afternoon, everyone, and welcome to the tail end of hump day. Another really busy news day has kept us…
UAE targetsUSD 1 tn+ trading relationship with Israel by 2030
The UAE wants its business ties with Israel to be worth more than USD 1 tn by the end of…
Valu kicks off EGP 2 bn securitization program + Fawry eyes consumer finance space
EFG Hermes’ consumer finance subsidiary Valu has kicked off its EGP 2 bnsecuritization program with a EGP 323 mn bond…
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