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EGP extends gains, hits nine-month high against USD
Good morning, friends, and welcome to the weekend. We’re manifesting cooler weather — and calmer days. Haven’t planned out your…
The Fed holds rates steady, defying Trump's pressure
Yesterday’s meeting saw a rare dissent from Trump appointees
Act Financial rebrands subsidiary to Wilzy
Wilzy will specialize in offering investment products
EGX to launch the low-volatility index EGX35-LV in days
The index will include the 35 companies with the lowest price volatility
Lower-than-expected tariffs and weaker USD prop up IMF’s global growth outlook
The outlook is marked by "tenuous resilience amid persistent uncertainty"
US trade policy grinds down global corporate investment
Meanwhile, Wall Street neared record highs due to “euphoric” conditions
Investors pull bns out of US treasuries — and into corporate debt
The shift is driven by concerns over US fiscal health
Continuation funds boom as private equity faces a frozen exit market
Continuation funds accounted for USD 41 bn of exits in 1H 2025
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