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Mopco sees 171% y-o-y increase in bottom line in 3Q2021
EARNINGS WATCH- Misr Fertilizers Production Company (Mopco) reported a 171% y-o-y increase in its bottom line in 3Q2021 to EGP…
SPAC me, the regs are out
We’re one step closer to Egyptian SPACs after the Financial Regulatory Authority (FRA) yesterday issued the rulesand regulations (pdf) for…
THIS MORNING: e-Finance shares up almost 32% in first month’s trading; Covid, Fed uncertainty unnerves markets; Veteran actress Soheir El Bably dies, aged 86; Sudan’s Hamdok returns, protests continue.
Good morning, wonderful people, and welcome to a brisk-but-not-overwhelming news day, where the big story is the Financial Regulatory Authority’s…
Market roundup on 21 November
The EGX30 fell 0.6% at today’s close on turnover of EGP 547.6 mn (62.7% below the 90-day average). Local investors…
Paint the EGX (a different shade of) red
Al Ahly could offer almost half the club in an IPO on the EGX, Chairman Yassin Mansour told Al Arabiya…
Will Abu Qir Fertilizers be next in the (revived) state privatization program?
The long-awaited sale of an additional stake by EGX-listed Abu Qir Fertilizers will go ahead within the next month, Public…
Market roundup on 18 November
The EGX30 fell 1.0% at today’s close on turnover of EGP 834 mn (43.3% below the 90-day average). Local investors…
EGX trading fees are cut — and caps on margin trading delayed
EGX fees are set to be cut and planned caps on margin trading could be delayed as the government looks…
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