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EFG, SFE closing in on AIB acquisition + El Salhiya is on the block
The Sovereign Fund of Egypt and EFG Hermes look set to wrap up their acquisition of Arab Investment Bank this…
Retail subscription is on for Macro Group IPO
Retail investors who want shares of Macro Group's IPO on the Egyptian Exchange can start placing their orders as of…
Taaleem shares pop 6% in EGX debut
Higher education outfit Taaleem saw its shares rise a bit over 6% in their first day of trading, closing at…
What the markets are doing on 7 April 2021
The Central Bank of China will soon begin issuing a crypto-like digital Yuan designed to be independent of the global…
Cabinet approves draft bill to regulate fintech industry
The draft law that will govern the fintech space received approval from the Madbouly cabinet in its weekly meeting yesterday,…
FRA mulls caps on margin trading
New regs to mitigate margin trading risks: Proposals to rein in margin trading under consideration by the Financial Regulatory Authority…
ADQ teams up with Adnoc on Wataniya bid
Abu Dhabi’s sovereign wealth fund ADQ is joining forces with Abu Dhabi National Oil Company (Adnoc) in its takeover bid…
Taaleem debuts today; Shoukry in Lebanon; Euro stocks at record highs.
Good morning, friends, and welcome to this fantastic Wednesday. Why are we so chipper this morning? Our IPO drought is…
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