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Pharos acquires short selling license
Pharos Securities Brokerage has been granted a license to practice short selling on the EGX by the Financial Regulatory Authority…
Gov’t committee close to finalizing incentives package for new listings on Egypt’s bourse
EXCLUSIVE- Gov’t committee close to finalizing package of incentives for new EGX listings: A government committee has been working to…
EGX sell-off continues amid protest fears
Shares on the Egyptian Exchange slid again yesterday as investors and the business community alike continued to wrestle with the…
New Urban Communities Authority prepares EGP 10 bn securitization process
The New Urban Communities Authority (NUCA) will issue another EGP 10 bn in securitized bonds before the end of 2019,…
The specter of a global recession makes the very wealthy extra risk averse
The specter of a global recession makes the very wealthy extra risk-averse: As the Bank of America's global fund manager…
Telecom Egypt could offer an additional stake on the EGX -Talaat
ECM WATCH- The state could look to trim its holdings in telecom operator Telecom Egypt (TE) in a secondary offering…
EGX has worst day since 2016 after weekend protests
The EGX turned in its worst showing since 2016 yesterday as investors dumped shares following two nights of protests in…
What we’re tracking on 23 September 2019
Let’s get the bad news out of the way: It wasn’t pretty on the EGX yesterday. The EGX30 had its…
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