Correlation between consumer sentiment and S&P 500 diverges during pandemic
As the pandemic continues to bite, consumer sentiment and the stock market are moving in opposite directions as the S&P…
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As the pandemic continues to bite, consumer sentiment and the stock market are moving in opposite directions as the S&P…
The EGX30 swapped five companies in its regular rebalancing last week. The full rundown of the rebalancing is here (pdf).…
M&A WATCH- Adeptio completes purchase of minority stake in Americana Egypt: Adeptio completed the purchase of a 9.6% stake in…
The tides are turning for foreign portfolio investment in Egypt as investors return to “favorite” carry trade: Foreign holdings of…
It’s almost official, folks: The cabinet confirmed yesterday that Eid Al Adha will run from Thursday to Monday, 3 August , meaning…
Market regulator looks to provide “life table” for Egyptian insurance companies to better price domestic plans: The Financial Regulatory Authority…
Raya Financial Investment has obtained a license to conduct consumer finance activities, according to a bourse filing (pdf).
PRIVATIZATION WATCH- Restructuring plans for Holding Co for Maritime to be complete this year: A consortium of consulting firms tapped…
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