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Target trims stake in Real Estate Egyptian Consortium
Target Real Estate Investment has reduced its stake in EGX-listed Real EstateEgyptian Consortium from 13.2% to 11.5%, selling nearly 6.8…
TONIGHT: El Sisi talks vaccines for minors, covid-19 fourth wave + Freshly baked croissant at Miette
Summer is well and truly done with, ladies and gentlemen, as the newsflow moves from a trickle to a shower…
The UAE + Israel just inked their biggest commercial agreement since normalizing relations
UAE sovereign fund Mubadala has bought a 22% stake in Israeli natural gas field Tamar for USD 1 bn in…
ACWA Power announces Tadawul IPO
Saudi renewable energy giant ACWA Power announced its intention to IPO on the Saudi stock exchange in a statement(pdf) Thursday.…
EGX30 up 4.2% YTD
The EGX30 rose 0.2% at today’s close on turnover of EGP 1.86 bn (20% above the 90-day average). Local investors…
Is a golden era for EM equities around the corner?
Is a golden era for emerging market equities around the corner? Investors are banking on a rebound in EM stocks,…
THIS MORNING: Egyptian natgas for … Lebanon? Plus: Justice Ministry’s registry app rolls out to three more governorates.
Good morning, nice people, and welcome to the most wonderful morning of the week. We have a really packed issue…
CIBC tops EGX brokerage league table in August
Commercial International Brokerage Company knocked EFG Hermes off the top of the EGX’s brokerage table in August, gaining a 18.9%…
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