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FinMin and EGX prepare to activate secondary market for sovereign sukuk
Good morning, friends, and happy weekend. It’s been a busy week both at home and in the global press, and…
What the markets are doing on 5 February 2026
The EGX30 rose 0.2% at today’s close on turnover of EGP 7.9 bn (37.6% above the 90-day average). Regional investors…
Software selloff deepens as AI worries rattle markets
The rout was fueled by fears that even market heavyweights like Microsoft, Nvidia, and Oracle could be vulnerable
Egypt and Turkey agree to boost cooperation across sectors
Plus: Dice teams up with Italian partners for new company, Venucia becomes latest Chinese auto brand in the market, Palm…
Finance Ministry and EGX prepare to list sovereign sukuk for exchange trading
The ministry also plans to introduce a variable-rate sovereign sukuk to broaden the investor base
What the markets are doing on 4 February 2026
The EGX30 rose 1.3% at today’s close on turnover of EGP 8.8 bn (54.3% above the 90-day average). International investors…
MSCI threatens Indonesia with frontier status over “deep-fried stocks”
Sell-off wipes more than USD 80 bn off Jakarta Composite index
What the markets are doing on 3 February 2026
The EGX30 rose 2.9% at today’s close on turnover of EGP 9.6 bn (70.5% above the 90-day average). International investors…
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