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What the markets are doing on 17 March 2021
Saudi Arabia’s oil sector is facing its biggest slump in a decade, keeping the kingdom in recession in 4Q2020. Activity…
State banks eye stakes in new futures exchange ahead of potential listing
The National Bank of Egypt, Banque Misr, Banque du Caire, and United Bank are reportedly interested in a piece of…
Egypt is poised to ride 2021’s green bond wave
Egypt is poised to ride 2021’s green bond wave: 2020 was supposed to be the year of green bonds for…
What the markets are doing on 16 March 2021
GLOBAL IPO WATCH- Food delivery player Deliveroo hopes to raise around GBP 1 bn when it debuts on the London…
Turnage elected chair of AUC board of trustees, Abdel Moati gets another term at FRA
The American University in Cairo has elected Mark Turnage (LinkedIn) as chair of its board of trustees, succeeding Richard Bartlett,…
Get on the green bandwagon
Egypt is encouraging non-banking financial players to go green with their investments: The Financial Regulatory Authority (FRA) officially rolled out…
Taaleem thinks its shares are worth up to EGP 6.02 apiece
Taaleem Management Services has priced its initial public offering on the Egyptian Exchange at EGP 5.48-6.02 per share, according toa…
What the markets are doing on 15 March 2021
Short sellers are circling SPACs, with the value of short positions being taken against SPAC shares tripling to USD 2.7…
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