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Fertiglobe shares jump 20% on ADX debut
Fertiglobe shares jumped 20% in theirADX debut yesterday before closing 17.6%higher at AED 3.06 per share. The joint venture between…
EBRD commits USD 25 mn to Ezdehar’s second fund
The European Bank for Reconstruction and Development (EBRD) will be a limited partner in Ezdehar’s Egypt Mid-Cap Fund II, joining…
Egypt needs to fix withholding tax calculation to get Euroclearable status
A tax calculation issue could be the reason behind slow progress on Euroclearable debt: An issue in how Egypt calculates…
With Cairo Water Week underway, what’s the latest in water infrastructure?
On the waterfront: Water infrastructure has been a key priority for the government in recent years, with ambitious aims to…
Big Tech had a particularly great quarter
MARKET WATCH- Alphabet and Microsoft smash estimates as they release 3Q financials: Google’s parent blew past expectations, posting 41% growth…
Natgas vehicles are getting a little bit pricier
Some dual-fuel vehicles delivered through the government’s natgas transition scheme will be EGP 3-5k more expensive after the Finance Ministry…
MSCI EM index rises off of better than expected earnings
Things are looking up for EM equities on the MSCI Emerging Market (EM) Index, buoyed by constituent companies reporting better-than-expected…
From Fertiglobe to yet another regional VC fund, it’s a relatively quiet start to the week for global markets
Trading of Fertiglobe’s shares is due to begin tomorrow on the ADX, after the fertilizer producer raised some USD 795…
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