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2021 was the year of the “everything rally”
2021 was the year of the “everything rally,” as financial markets enjoyed a record-breaking comeback fueled by governments and central…
Egypt admitted as new member of NDB
Egypt is now part of the BRICS-led New Development Bank (NDB) after the bank admitted us as a member thanks…
S&P Global, IHS Markit sell off subsidiaries ahead of mega-merger
S&P Global and IHS Markit are selling off two subsidiaries worth a combined USD 2.2 bn ahead of their USD…
IPOs in 2021: Four is more than zero
In keeping with the overall theme of the year, 2021 was the year of a hobbled recovery for Egypt’s IPO…
It was a terrible, horrible, no good year for bonds (except for EMs)
2021 looks set to register the worst year for the global bond market since 1999, the Financial Times reports. Barclays…
What the markets are doing on 27 December 2021
THE CLOSING BELL- The EGX30 rose 0.9% yesterday on turnover of EGP 1.14 bn (15.2% below the 90-day average). Foreign…
Tuktuks could soon be replaced with minivans
Minivans could replace tuktuks + licenses could be given to 16-year-olds: The Trade Ministry has finished drafting a plan to…
EFG Hermes signs EGP 750 mn sale + leaseback agreement with MNHD
EFG Hermes’ leasing and factoring arm has signed an EGP 750 mn sale and leaseback agreement with Madinet Nasr for…
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