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Egypt, Russia discuss starting work on Russian Industrial Zone at Ain Sokhna
Plus: Egy Stone’s board approved a fair value of EGP 9.06 a share and is taking a voluntary delisting to…
A dozen companies have moved up from the SME board, and analysts say investors should look at how capital is being raised
Companies can apply to move to the main board above EGP 100 mn in paid-in capital, subject to EGX approval,…
TMG signs four state partnership deals worth some EGP 11 tn across Madinaty, Alexandria, Abu Qir, and North Coast
The four mixed-use projects would cost roughly six times the amount paid for Ras El Hekma, but neither side has…
The Oil Ministry and Chevron initial the fiscal agreement for developing Cyprus’ Aphrodite gas field
Good morning, ladies and gents. Egypt’s biggest listed developer just signed its most ambitious agreement with the state yet, and…
What the markets are doing on 20 October
The EGX30 rose 1.9% at today’s close on turnover of EGP 9.1 bn (19.4% below the 90-day average). Regional investors…
MNT-Halan rises 6.9% on day one
Here are the stories driving the day both at home and abroad. MNT-Halan’s shares closed up 6.9% at EGP 26.20…
Mounir Nakhla on his blockbuster IPO and why the first person he talks to each morning is someone named Apollo
Soon after MNT-Halan announced that it was heading to the EGX, in what is now one of the largest IPOs…
MSCI may cut Indonesia from its global indexes, and the market is already pricing the exit
A threatened “standalone” downgrade, the first in Asia, has turned a governance problem into the world’s worst-performing market
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