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Egypt’s debut USD 1.5 bn sovereign sukuk issuance wraps 4x oversubscribed
Egypt closes USD 1.5 bn sukuk issuance: The Finance Ministry successfully closed its maiden sukuk issuance yesterday morning, it said…
THIS EVENING: Egypt closes its maiden sukuk issuance with a c.4x oversubscription
Good afternoon, ladies and gentlemen. It’s a brisk news day as we get closer to the weekend here in Omm…
US stocks fall on rate fears
US stocks just had their worst day in two months: Shares on Wall Street suffered their heaviest single-day loss since…
e-Finance earnings rise 83% in 2022
e-Finance had a strong 2022: e-Finance’s adjusted net income rose 83% to EGP 948.6 mn in 2022, according to the…
It’s showtime for our maiden sovereign sukuk issuance
The final guidance price is 11.125%
VC funding falls to nine-year low in 4Q 2022
Economic uncertainty sent fundraising by venture-capital firms plunging to a nine-year low in the fourth quarter of 2022, the Wall…
The USD is rebounding on raft of strong economic data
The USD is up some 3% against a basket of six other major currencies so far this month
HHD shareholders vote to scrap Heliopark tender
Parent company of Heliopolis Housing is in talks with Gulf investors who are interested in Heliopark
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