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Vodacom snaps up another 0.02% of Vodafone Egypt
CAPITAL MARKETS- Minority shareholders loath to part with Vodafone Egypt stakes: Vodacom is acquiring an additional 0.02% (49.5k shares) of…
Global households aren’t hopeful on the economy — though the jobs market is set to hold up in 2023
Most people globally feel pessimistic about their financial future: Only 40% of people surveyed in an annual global survey think…
EGX rises 1.8% on Monday, 16 January
The EGX30 rose 1.8% at today’s close on turnover of EGP 2.78 bn (65.4% above the 90-day average). Local investors…
EU sanctions to redraw global diesel markets + US still headed for recession despite slower inflation -WSJ poll
New European sanctions are about to hit Russian oil products — but expect major re-routing rather than major re-pricing on…
Vodafone Egypt shareholders have until close tomorrow to sell to Vodacom
CAPITAL MARKETS- Minority shareholders in Vodafone Egypt will have another two days to decide whether to sell shares to Vodacom…
Why slowing inflation in the US of A may be good news for EM debt — and for Egypt
US consumer prices fall for the first time since May 2020: US inflation slowed to its lowest level in a…
The end of the trusty 60/40 portfolio?
Is the era of the traditional 60/40 portfolio over? Portfolios with a classic split of 60% equities and 40% bonds…
UK-based Softline Group acquires majority stake in cloud computing company Digitech
M&A- UK-based software firm Softline Group LTD has acquired a 51% stake in cloud computing company Digitech for EGP 262 mn,…
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