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Chinese shares suffer biggest sell-off since ‘08 on covid, Ukraine fears
Chinese stocks see biggest sell-off since the 2008 recession: Hong Kong-listed Chinese stocks had their worst day since the global…
Swvl expects US regulators to greenlight its Nasdaq IPO today
Mass transportation startup Swvl expects to receive final approvals on its IPO from the US’ Securities and Exchange Commission (SEC)…
THIS EVENING: Swvl to receive final approvals for IPO from US’s SEC + Supply Ministry ups local wheat purchase target to over 6 mn tons this harvest season
Happy Monday, wonderful people. We’re having one of those Goldilocks news days: It’s not like drinking out of a fire…
Misr Ins. appoints legal advisor for planned IPO
Misr Ins. Holding (MIH) has tapped Zaki Hashem & Partners as legal advisors for the process of offering its subsidiary,…
FedEx Express not considering an EGX IPO for its Egypt unit
FACT CHECK- FedEx Express is not currently considering an IPO of its Egypt unit on the EGX, a company spokesperson…
UAE-based Gulf Capital to invest USD 250 mn in Egypt, will use Cairo as hub for Egypt and Africa
UAE-based asset management firm Gulf Capital plans to invest some USD 250 mn in Egypt over the next five years,…
CI Capital lands mandate to IPO (parts of) the new capital
WATCH THIS SPACE- New capital company taps CI Capital to advise on planned IPO of subsidiaries: State-owned Administrative Capital for…
Aramco sells 49% stake in its natgas pipelines + FAB lines up USD 500 mn in sukuk
Aramco closes USD multi-bn sale of minority stake in natgas pipelines: An investor group led by BlackRock has acquired a…
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