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Turnover breaks EGP 2 bn mark in today’s trading
The EGX30 rose 0.1% at today’s close on turnover of EGP 2.37 bn (47.2% above the 90-day average). Foreign investors…
Mubasher Capital plans for 10 funds starting next year
Mubasher Capital to establish 10 equity and debt funds from 2022-2025: Mubasher Capital Holding for Financial Investments plans to set…
Four state-owned banks to launch EGP 1 bn fund in 4Q2021
The EGP 1 bn fund of funds which is expected to be launched by Egypt’s biggest state banks will launch…
What the markets are doing on 2 August 2021
Chinese stocks are recovering as investors look past rout: Exchange-traded funds focused on Chinese stocks saw USD 975 mn in…
What can you send “to the moon”
The EGX has changed up its list of shares eligible for same-day trading, margin trading and short-selling as part of…
Securitization market continues to heat up
Egypt’s securitization market shows no sign of sliding into summer vacation. After a slow start to the year, upmarket developer…
A lot of movement on healthcare stocks in today’s trading
The EGX30 rose 0.6% at today’s close on turnover of EGP 1.91 bn (34.7% above the 90-day average). Regional investors…
Zain to invest USD 10 mn in Swvl listing
Kuwaiti telecoms provider Zain will invest USD 10 mn in Swvl’s newly announced merger with US-based SPAC Queen’s Gambit, ahead…
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