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The EGX for Dummies
Your starter guide to investing in Egyptian securities:As banks across the country promise unprecedented interest rates through high-interest certificates of…
Avanz to launch low-carbon fund in 2024. PLUS: CIB share trade under review, Exits gets IB license
Avanz Capital Management will launch an EGP 1 bn Egypt-focused fund within two months
Toyota Tsusho could set up a car factory here
The company wants to establish two factories in Africa producing a combined 200k cars a year
Pachin has new Emirati owners
Pachin shareholders owning 19 mn shares have agreed to sell at EGP 39.8 per share
Saudi electronics retailer Extra shelves Egypt expansion plans
The decision will hit the company with c. EGP 314 mn in sunk costs
Secondary stake sales for Abu Qir, Sidpec?
Both companies have already seen interest from Gulf investors
A very long shortlist underscores tons of interest in desalination projects
SFE wants to sign contracts for 3-4 plants by 3Q
DPI-led group to invest USD 165 mn in retailer Kazyon
The group will acquire a significant minority stake in the discount grocer
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