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JUFO signals to the market that its financials are sound
Juhayna Food Industries (JUFO) has released a snapshot of its unaudited FY2020earnings (pdf) in a move likely meant to reassure…
What the markets are doing on 7 June 2021
Some foreign investors are starting to reposition their EM portfolios in anticipation of an end to US stimulus measures. Some…
Egypt Post’s private equity arm could be heading to the EGX
Egypt Post plans to debut its private equity arm Post for Investment (PFI) on the EGX, Chairman Sharif Farouk said…
CHG’s bottom line shoots 23% y-o-y in 1Q2021 as group plans expansions
EARNINGS WATCH- Cleopatra Hospital Group (CHG) reported a bottom line of EGP 108 mn in 1Q2021, up 23% y-o-y over…
El Salvador is going all in on BTC
El Salvador may become the first country to make BTC its legal tender in the coming weeks, CNBC reports. In…
Juhayna won’t confirm it’s in talks to sell a stake to ADQ, but don’t count this out yet
Is Juhayna in talks to sell a stake to Abu Dhabi’s sovereign wealth fund? Bloomberg broke the news last night,…
Hedge fund assets hit record high
Global hedge fund industry assets grew to a new all-time high of USD 4.1 tn at the end of March…
OPEC+ agree to raise supply in July
OPEC+ oil producers have agreed to continue relaxing curbs on oil production in July as a global economic recovery boosts…
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