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ADX, DFM extend trading by one hour + SEC’s next target? Brokerage apps.
The Abu Dhabi Securities Exchange (ADX) will extend trading by one hour till 3 pm starting 3 October, in a…
THIS MORNING: Fed to dial back stimulus by year’s end + OPEC+ is expected to open the pumps when it meets on Wednesday
Good morning, wonderful people, and welcome to the final days of August. We have a busy news morning for you,…
New closing share price mechanism will come on 5 September
MARKET NEWS- The date for instituting the new mechanism for calculating closing share prices has been moved to Sunday, 5…
Debt market welcomes Raya’s Aman
Raya subsidiary Aman completed the issuance of EGP 585 mn in securitized bonds, according to a statement (pdf) from the…
SPACs get their day in court
SPACs are under legal attack: SPACs are facing several class-action lawsuits in federal courts, the Wall Street Journal reports. There…
Foreign investor launches takeover bid for Galina
An unnamed foreign investor has launched a takeover bid for Galina Holding, submitting a bid for 100% of the company,…
Where Mowasalat Misr fits in Egypt’s mass transit plans
Where Mowasalat Misr fits in Egypt’s mass transit plans: Since its formation, Mowasalat Misr has been a key player in…
Cost of borrowing is higher for economies with poor climate performance
Developed nations lagging behind on green goals may soon find themselves in a pool of sovereign debt: Recent research has…
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