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E-Finance to IPO next month, could offer 10%
E-Finance’s long awaited IPO could hit the market as soon as next month, unnamed government sources told Al Borsa (pdf).…
Egyptian Exchange
THIS MORNING: More conferences start today; Longer EGX sessions coming? Egypt-Turkey wrap today; El Salvador crashes BTC.
Good morning, friends, and welcome to a particularly busy Wednesday, packed with news about a long-awaited IPO, fresh investment, green…
A queue of companies want the Abu Qir metro project + Speed Medical plans buyback as share price falls
The Transport Ministry is considering 16 local and international consortiums to implement Alexandria’s Abu Qir metro project, unnamed sources at…
Last Night’s Talk Shows on the back-to-school vaccine drive, the sacking of Egypt’s national team coach, and bourse tax rumors
Last night’s talk shows focused on the run-up to the new 2021-2022 school year: Some 800k people working in Egypt’s…
Target trims stake in Real Estate Egyptian Consortium
Target Real Estate Investment has reduced its stake in EGX-listed Real EstateEgyptian Consortium from 13.2% to 11.5%, selling nearly 6.8…
TONIGHT: El Sisi talks vaccines for minors, covid-19 fourth wave + Freshly baked croissant at Miette
Summer is well and truly done with, ladies and gentlemen, as the newsflow moves from a trickle to a shower…
EGX30 up 4.2% YTD
The EGX30 rose 0.2% at today’s close on turnover of EGP 1.86 bn (20% above the 90-day average). Local investors…
CIBC tops EGX brokerage league table in August
Commercial International Brokerage Company knocked EFG Hermes off the top of the EGX’s brokerage table in August, gaining a 18.9%…
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