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EM debt levels rose at a faster pace than developed markets last year
Emerging market debt levels rose quicker than those in the developed world in 2020, and this “increasing divide” threatens to…
EFG Hermes’ Awad on the AIB acquisition, taking his franchise outside Egypt, and what will bring foreign investors back to the market — part 1 of 2
Few transactions have been as closely followed in Egypt’s banking and finance industries as has EFG Hermes’ acquisition of a…
One step closer to another listing
Trading of Egyptian Iron and Steel shares will be suspended as of tomorrow, pending approval from the EGX listing committee…
Oil is having a bad week off of Iran’s potential reentry to the market
Oil posts worst weekly losses on Iran nuclear agreement progress: Oil prices suffered their biggest weekly losses in over a…
Fawry sees bottom line surge in 1Q2021
The EGX30 rose 0.75% at today’s close on turnover of EGP 1.29 bn (2.2% above the 90-day average). Foreign investors…
TONIGHT: ADCB extends deadlines for bids on Alex Medical; Ever Given to remain under detention; Electricity privatization could take longer; it’s the last day of Premier League 2020-21
It’s a M&A-heavy start to the news week, with some of the familiar faces announcing timetables for key transactions down…
Crypto markets’ wild gyrations hit other asset classes
Wall Street was mixed on Friday, with the S&P closing flat to turn in its first back-to-back weekly decline since…
Egyptian Iron + Steel mining spinoff inches closer to listing
The listing of Egyptian Iron and Steel’s mining spinoff edged closer last week after the Financial Regulatory Authority (FRA) gave…
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