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TONIGHT: Two big IPOs and the jaw-fest in Kinshasa are keeping us on the edges of our seats
Good afternoon, wonderful people, and happy almost-almost-THURSDAY. It’s a brisk but unremarkable afternoon, but there’s big news around the corner…
What the markets are doing on 6 April 2021
The market value of cryptocurrencies has doubled in just two months to more than USD 2 tn as institutional investors…
Also on our Radar on 6 April 2021
Egypt is planning to develop six “new cities” across the country, as part of its urban development plans, Deputy Housing…
More listings, please.
Another two listings coming this year? An agricultural company and a petrochemicals firm will offer shares on the EGX this…
What we’re tracking on 6 April 2021
Good morning, everyone, and happy hump day. We have another busy news day for you as the inexorable march toward…
GERD, uncertainty on market regs brings EGX down 1.5%
Did the EGX 100 drag the rest of the market down? The benchmark EGX30 lost 1.5% today, recovering slightly after…
FRA and SPMD reject fair value reports ahead of Prime Speed takeover
FRA orders do-overs on SPMD, Prime Speed valuations ahead of takeover: The Financial Regulatory Authority (FRA) has ordered the reassessment…
At least two state companies could hit the EGX in 3Q2021
Two or three state-owned companies will sell shares on the EGX in 3Q2021, reviving the long-dormant state-privatization program, Public Enterprises…
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