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E-Finance could fetch EGP 3.6 bn in upcoming IPO, trading to start 18 October
State-owned fintech firm E-Finance is looking to raise up to EGP 3.6 bn (USD 229.2 mn) from its upcoming IPO…
THIS EVENING: The US is sending us 1.6 mn Pfizer doses. + e-Finance EGX debut slated for 18 October. ALSO: Scammers are pretending to be the CBE.
Well, friends, we’ve made it through another quarter together, and our reward is a super-busy news day with which to…
Stocks struggle to rebound from Tuesday’s sell-off
There was less drama in the markets yesterday, following a volatile Tuesday that saw equities plummet while energy prices and…
E-Finance IPO could go ahead next month
E-Finance IPO could wrap up next month: The IPO of state-owned e-payments and fintech platform E-Finance could take place at…
Stock sell-off accelerates as inflation, rising yields + US debt talks weigh on sentiment
Bears are throwing a stagflation tea party after yesterday’s marketheadlines, as the rise in US bond yields heralded yet further…
Citibank could be on board to finance renewable energy, green hydrogen projects in Egypt
Citi to finance power projects? Citibank could provide financing for renewable energy, desalination, and green hydrogen projects in Egypt, the…
EM bonds see heavy outflows over Evergrande, Fed taper
EM bonds see heavy outflows over Evergrande, Fed taper: Investors made a hasty exit from exchange-traded emerging-market bond funds last…
The Evergrande crisis is on pause, but China is still posing a headache for emerging markets
China is worrying emerging markets: As fears of an abrupt Fed taper fade, Bloomberg suggests that a slowdown in China’s…
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