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Korra Energi private placement 5.7x covered on EGX
Institutional investors placed orders for 845 mn shares against the offered 148.5 mn
What the markets are doing on 25 May 2026
The EGX30 fell 0.4% at today’s close on turnover of EGP 9.9 bn (24.1% above the 90-day average). Local investors…
What the markets are doing on 24 May 2026
The EGX30 rose 1.5% at today’s close on turnover of EGP 7.3 bn (8.8% below the 90-day average). International investors…
What April’s PMIs are telling us: Growth in the Eurozone is stagnating and the energy shock is clouding the outlook further
The manufacturing and services sectors took the biggest hit in recent readings
FRA names and shames NBFI violators
The authority has rolled out a three-tiered public blacklist framework to isolate rogue NBFI operators, track judicial violators, and protect…
What the markets are doing on 21 May 2026
The EGX30 rose 0.30% at today’s close on turnover of EGP 6.8 bn (15.1% below the 90-day average). Regional investors…
Elon Musk on track to become first t’naire + Nvidia investors unimpressed despite positive results
Good afternoon, folks, and congratulations on making it to the weekend — and if you’ve cashed in your PTO for…
What SpaceX’s IPO means for the Gulf
SpaceX filed its prospectus last night
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