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EGP strengthens on parallel and derivatives markets

EGP strengthens on parallel and derivatives markets

Twelve-month NDFs saw the USD-EGP rate decline 11.5% throughout the day to 57.5 after the news of the ADQ sale broke

THIS EVENING: Egypt makes Samurai bonds debut + Zelensky is lobbying for full EU membership and more NATO support + Russia stocks rally as stock market reopens

THIS MORNING: Global shares slipping into correction territory

THIS MORNING: EV incentives could be coming + go eat at Sando Haus on the Walk of Cairo

Last Night’s Talk Shows: A European winter in Alexandria + IMF’s Mohieldin on Omicron’s market effect

THIS MORNING: Subscription begins for CI Capital’s CHG acquisition + your next iOS update promises to be interesting

Market roundup on 17 November

Alexandria Container and Cargo Handling’s net income up 21% in 3Q2021

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