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What the markets are doing on 18 May 2026
The EGX30 fell 0.7% at today’s close on turnover of EGP 10.4 bn (32.9% above the 90-day average). Local investors…
PIF and Berkshire are now telling the same story about US equities
Berkshire’s first 13F under Greg Abel exited 16 positions and left USD 397 bn in liquid assets; PIF's filing shows…
Korra Energi opens the subscription window for highly-anticipated IPO
The subscription period for institutional investors kicks off today
Fawry awaits approval on inbound cross-border remittances license
Good morning, friends. After a pretty slow start to the week we have a busy issue to kick off this…
What the markets are doing on 17 May 2026
The EGX30 fell 1.5% at today’s close on turnover of EGP 11.0 bn (40.6% above the 90-day average). Local investors…
Cerebras pops on first day of trading in biggest year for AI in capital markets yet
The IPO is the first of several potential blockbusters that could make this the year of AI for capital markets
Four new temporary listings head to the EGX
Four state-owned companies have secured provisional EGX listings across pharma, fertilizers, and tourism — the latest batch to join the…
IMF expects staff-level agreement over the summer, unlock USD 1.6 bn
Good morning, wonderful people. While the weather today is scorching, the news cycle is relatively calm. Leading the news this…
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